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            • Oil Market Report - June 2026

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                • Country

                Yemen

                In Yemen, less than half of the population has access to electricity. In 2010, the government launched a National Strategy for renewable energy and energy efficiency, which aims to develop grid and off-grid renewable energy and targets a 15% share of renewable electricity generation by 2025.

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                Mongolia

                Coal is the first source of electricity generation in Mongolia, but the country has recently begun using hydro, solar and wind power, and has adopted a law aiming to increase and regulate the use of renewables.

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                Iceland

                In 2007, the Icelandic government released a Climate Change Strategy conceived as a framework for action and government involvement in climate change issues, and setting forth a long-term goal of reducing net greenhouse gas emissions by 50 to 75% of 1990 levels by 2050.

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                North Macedonia

                North Macedonia

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                Tanzania

                Electricity access in Tanzania increased from around 13% in 2008 to 32% in 2017. The government is supporting the private sector to develop its electricity market, enhancing the role of renewable energy in the energy mix and increasing rural electricity access.

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                Thailand

                Thailand’s energy policy focuses on reducing dependence on natural gas to enhance energy security. With the costs reduction of variable renewable energy, conventional Thai power generation starts giving way to alternative sources. The country’s energy policy must evolve to accommodate this change.

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                Libya

                In 2013, the Libyan government launched the Renewable Energy Strategic 2013-2025 Plan, which aims to achieve 7% renewable energy contribution to the electric energy mix by 2020 and 10% by 2025. This will come from wind, Concentrated Solar Power, solar PV and solar heat.

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                Pakistan

                In Pakistan, most of the primary energy supply comes from oil and natural gas. Hydropower is the main renewable source of energy in the country but wind and solar PV’s shares are slowly growing. More than 40 million people remain without access to electricity and half the population lack access to clean cooking facilities.

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                Sweden

                Sweden is a global leader in decarbonisation and has targets to cut greenhouse gas emissions 59% by 2030 compared with 2005, and to have a net-zero carbon economy by 2045. Sweden was the first country to introduce carbon pricing and has the highest carbon price in the world, which has proven effective at driving decarbonisation. Most of Sweden’s electricity supply comes from hydro and nuclear, along with a growing contribution from wind. Heating is supplied mainly through bioenergy-based district heating and heat pumps.
                Most of Sweden’s greenhouse gas emissions come from the transport sector, which remains…

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                Laos

                Laos’ 2011 Renewable Energy Development Strategy aims to achieve a renewable energy share of 30% in total energy consumption by 2025. The policy encourages investment in renewables and small power development for self-sufficiency and grid connection.

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