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            • Oil Market Report - June 2026

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                • Country

                France

                France has a very low-carbon electricity mix owing to its large nuclear fleet, the second-largest after the United States. As an early leader in setting out an ambitious energy transition, France legislated a net zero emissions target for 2050 in its 2019 Energy and Climate Act and aims at reducing by 55% its greenhouse gas emissions by 2030. A national low-carbon strategy with 5-year carbon budgets and a multiannual plan for energy investments implement the long-term target.
                Acknowledging the need to maintain electricity security in the longer term and a low-carbon footprint France invests…

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                • + 5 pages

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                • Contributor

                Gaston Siroit

                OEMLAC Director and Technical Advisor to the Executive Secretary of OLADE. Gastón Siroit is an energy and mining specialist with over twenty years of experience across Latin America and the Caribbean. He currently heads the OEMLAC and serves as Technical Advisor to the Executive Secretary of OLADE, leading regional initiatives on energy transition. His work focuses on regulatory frameworks, climate and energy policies, and project implementation for low-carbon development. Previously, he served as Technology Director at Argentina’s Secretariat of Energy and earlier held senior roles within Total and Shell in Europe, Africa, and South America. He holds engineering degrees from ITBA and INSA Toulouse, and a master’s in project management from Mines Paris - PSL (formerly École des Mines de Paris).OLADE serves as the leading intergovernmental platform for energy dialogue and cooperation in Latin America and the Caribbean, fostering integration, knowledge exchange, and investment to acceler...

                • Data tool

                • 28 May 2026

                Investment Data Explorer

                Explore energy investment data from World Energy Investment 2026 Europe Africa Central & South America Eurasia Asia Pacific Middle East North America Investment

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                • Country

                Finland

                Finland has one of the most ambitious climate targets, a legal obligation to reach carbon neutrality by 2035. It is making progress towards this target and has one of the lowest levels of reliance on fossil fuels among IEA member countries. Finland’s forests, which historically offset significant greenhouse gas emissions, have become a net emissions source. A continued push towards the energy transition is needed, as imported fossil fuels still account for over one-third of energy supply and cover higher shares in transport and key industries.

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                • + 5 pages

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                • Country

                Lithuania

                Lithuania has undergone several energy transitions over the past decade. Despite importing a large share of its electricity, the country successfully ended its reliance on Russian energy imports in March 2022. Along with its neighbours, Estonia and Latvia, Lithuania disconnected from the Russian electricity system and completed the synchronisation of its grid with the Continental European Synchronous Area (CESA) in February 2025. By 2030, Lithuania aims to shift from being an electricity importer to becoming a net exporter. Although the country’s energy consumption still depends heavily on imported fossil fuels, the share of bioenergy in the domestic energy supply…

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                • + 5 pages

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                • Contributor

                Hannah Daly

                Former World Energy Outlook Analyst.

                • Data tool

                • 20 May 2026

                Global EV Data Explorer

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                • 18 Jun 2026

                Hydrogen Tracker

                Project-level data on low-emissions hydrogen production worldwide based on data and analysis from the Global Hydrogen Review

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                • Contributor

                Monica Troilo

                Former Energy Analyst.

                • Country

                Bosnia and Herzegovina

                Bosnia and Herzegovina adopted a National Environmental Action Plan, which provides action path to address the major environmental issues of the country. In the energy sector the target will be achieved by increasing energy efficiency and usage of renewables (hydro, solar, wind and geothermal energy).

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                • + 5 pages

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