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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
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- Electricity
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Country
Armenia
Imports of oil and gas cover 77% of Armenia’s energy needs. Current energy policy is focused on developing indigenous energy sources, mainly renewable, and on replacing the country’s main nuclear reactor. Energy Efficiency policy has also become a bigger priority as energy security and reliability remain key focus areas. Armenia is part of the EU4Energy Programme, an initiative focused on evidence-based policymaking for the energy sector.
- Overview
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+ 5 pages
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Policy
Italy
2022
Urgent measures to counter economic effects of the Ukraine crisis
In March 2022, the Italian government enacted urgent measures to counter the economic effects of the Ukraine crisis. Additionally, the Act provides funding for the decarbonisation of the ILVA steel production cycle at the Taranto steel plant. The urgent measures include:1. Concerning energy costs:(i) tax credits for energy-intensive companies already in force increased from 20% to 25% for electricity and from 15% to 20% for natural gas,(ii) an extension of the so-called "bonus social energy and gas" for April 2022-December 2022.2. Concerning fuel costs:(i) reduction of excise rates on fuels of EUR…
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Policy
Ukraine
2022
State support for investment projects with significant investments in Ukraine (Law No. 1116)
The law aims to provide several incentives for large investment projects in Ukraine in various sectors including the extraction for processing and/or enrichment of minerals (except coal, crude oil and natural gas) in form of e.g.:tax incentives,simplified provision of land necessary for investment project,construction and reconstruction of related infrastructure at the expense of the state,and consolidation of investor guarantees through the conclusion of a direct agreement with the Ukrainian Government for 15 years. Said support is provided for investments of more than EUR 20 million as well as the creation of at least 80…
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Country
Zimbabwe
Zimbabwe holds large coal reserves and production is set to increase. The country has also significantly untapped its hydropower potential, even though the share of hydropower generation is gradually decreasing.
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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.
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Country
Estonia
Estonia has achieved a notable reduction in greenhouse gas emissions thanks mainly to lowering its reliance on electricity generation from domestic oil shale, an energy rich sedimentary rock. However, oil shale remains the main energy source and imported fossil fuels still plan a major role, especially in transport. Estonia’s forests, which historically offset significant greenhouse gas emissions, have become a net emissions source. Estonia is aiming to accelerate its clean energy transition with a target to cover 100% of annual electricity demand with renewables by 2030 as part of a larger package to achieve climate neutrality by 2050. It…
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+ 5 pages
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Country
Poland
Poland’s energy system has seen progress on energy transition, despite its reliance on domestic hard coal and lignite. For example, Poland has one of the fastest growing solar PV markets in the European Union and has also seen a strong uptake of heat pumps. Poland is pushing to become a major player in offshore wind, aiming for at least 3.4 GW of capacity by 2030. However, stronger efforts are needed across all sectors to accelerate energy transition and Poland would benefit from greater electricity interconnections with the rest of Europe.
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+ 5 pages
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Country
Latvia
Latvia is undertaking its energy transition with some promising results to date, with the goal to reduce total greenhouse gas emissions (without land use, land-use change and forestry) by 65% from 1990 levels by 2030 and to achieve net zero by 2050. It has made inroads on the share of renewable energy in its fuel mix, with sizeable shares of bioenergy and hydropower.
Renewable energy sources dominate its electricity mix, in particular, accounting for around three-quarters of domestic generation. Other sectors, notably transport and buildings, continue to consume large amounts of energy and rely on dated infrastructure that…- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages