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Energy system
Biofuels
Country and regional highlights
The United States Inflation Reduction Act makes USD 9.4 billion available for biofuels
Energy
Biofuel demand increased by 6% in 2022, continuing the recent pace of growth
Technology deployment
Biofuel production technology needs to diversify to sustainably take advantage of existing waste and residue feedstocks
Innovation
Technologies that can convert woody feedstocks into biofuels need to be proven at scale in the next few years
Supporting infrastructure
Policy
Investment
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Country
United Kingdom
The United Kingdom has been an early player in the energy transition, being among the first countries to set a net zero target by 2050 and to put in place carbon budgets. UK emissions have already fallen by around 50% since 1990, indicating a strong start. Looking ahead, an important pillar of the energy transition will be decarbonising the power sector through sizeable new investments in renewables and nuclear while also focusing on new technologies such as CCUS, hydrogen and small modular reactors. As a historic oil and gas producer, the UK is looking to address declining North Sea production…
- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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Country
Benin
Benin is reliant on electricity imports for a significant share of its energy supply. Reform programmes, including plans for electrification, have been put in place in the country, where only 30% of the population had access to electricity in 2017.
- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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Country
New Zealand
New Zealand has a diversified energy mix, with significant production of both hydropower and geothermal. As the country embarks on an ambitious energy transition, it has many natural advantages, including a strong renewable resource base. New Zealand already has a low-emissions electricity system, with over 80% of electricity coming from renewable sources. The key challenge will be to decarbonise other end-use sectors through clean power and support investments in new technologies to achieve deeper emissions cuts across all sectors. Notably, the transport sector accounts for the highest share of emissions and is almost entirely dependent on oil while…
- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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Country
Panama
Panama's National Energy Plan 2015–2050 outlines long-term strategy for the country’s energy sector development, including renewables. The Plan established that 15% of Panama’s generation capacity will come from renewables by 2030 and 50% by 2050.
- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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Country
Myanmar
In Myanmar, a steep increase in the share of gas-fired power generation reflects a push to take advantage of its abundant domestic resources. The country however has ample scope to rely on renewables in its electrification strategy.
- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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Country
Bahrain
Bahrain's energy supply comes largely from the exploitation of its domestic fossil fuels resources. The country is also a major producer and exporter of oil, petroleum products and natural gas.
- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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Country
Oman
Oman’s energy supply is entirely generated by nationally-produced natural gas and oil products and the country is a large exporter of oil and gas. The government has recently launched the “Residential PV Initiative" to foster the private use of solar PV.
- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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Country
Dominican Republic
Dominican Republic has adopted a law on incentives for the development of renewable energy sources, which aims to increase the diversity of energy sources, reduce dependence on imported fossil fuels and stimulate investment in renewable energy.
- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages