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Country
Moldova
Moldova is almost fully dependent on fossil fuel and electricity imports, with natural gas serving most of its energy needs. The government plans to diversify the energy mix with renewables such as wind and solar. Moldova is part of the EU4Energy Programme, which focuses on improving evidence-based policy making for the energy sector.
- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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Country report
Mar 2025
Unlocking Ukraine’s Hydrogen Opportunity: A Roadmap The hydrogen opportunity
…be located abroad, and 80% are related to constructing renewables rather than electrolysis. Focusing on electrification would therefore provide most potential job opportunities.Producing 2.5 Mtpa of hydrogen requires an investment of USD 85-90 billion for renewables and electrolysis. This is equivalent to 50% of the national gross domestic product in 2024 and 45-65% higher than the investment needed to reconstruct the entire energy system after the war. If this investment is funded with a cost of capital of 15%, interest payments could reach USD 165-175 billion (in nominal terms) over the entire lifetime of the assets. Introduction This chapter…
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Fuel report
Mar 2026
Oil Market Report - March 2026
…product flows through the Strait of Hormuz plunging from around 20 mb/d before the war to a trickle currently, limited capacity available to bypass the crucial waterway, and storage filling up, Gulf countries have cut total oil production by at least 10 mb/d. In the absence of a rapid resumption of shipping flows, supply losses are set to increase.Global oil supply is projected to plunge by 8 mb/d in March, with curtailments in the Middle East partly offset by higher output from non-OPEC+ producers, Kazakhstan and Russia following disruptions at the start of the year…
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Technology report
Dec 2025
Policy options to accelerate distributed solar PV in Ukraine
Accelerating distributed solar PV and battery energy storage deployment will support Ukraine in establishing energy security.In the year following the Russian Federation’s full-scale invasion of Ukraine in 2022, available dispatchable power generation capacity halved from roughly 38 GW to 19 GW. After severe attacks in spring 2024, capacity declined further, down to 12 GW. Towards the end of 2024 Ukraine was able to restore 3 GW and has worked to restore and add additional capacity throughout 2025, despite ongoing attacks.Distributed solar PV has played a key role, providing cost effective and rapid increases in electricity generation capacity, contributing…
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Fuel report
Sep 2025
Oil Market Report - September 2025
…Brent futures falling by about $2/bbl m-o-m to $67/bbl. Geopolitical concerns intensified amid dwindling hopes for a near-term peace deal between Russia and Ukraine. However, the prospect of looming oversupply dampened any positive price impetus, as investor sentiment towards oil remained strongly bearish. Pushed and pulled Oil markets are being pulled in different directions by a range of forces, with the potential for supply losses stemming from new sanctions on Russia and Iran coming against a backdrop of higher OPEC+ supply and the prospect of increasingly bloated oil balances. China continues to stockpile crude oil…
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Country report
Dec 2025
Sustainable Transport for Georgia: A Roadmap
The International Energy Agency (IEA) developed this Sustainable Transport Policy for Georgia roadmap under the European Union-funded five-year EU4Energy programme, which supports evidence-based energy policy and data capabilities in Eastern Partnership countries, including Georgia.The roadmap supports sustainable transport planning at national and city levels, summarising legislation, planning documents, and research on passenger and freight transport. Key metrics include accessibility, safety, convenience, equity, energy efficiency, emissions reduction, congestion and service reliability. Policies and targets are proposed to help Georgia meet the United Nations’ Sustainable Development Goals and achieve its Nationally Determined Contribution (NDC) pledges.The government of…
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Fuel report
Nov 2025
Oil Market Report - November 2025
…5 mb/d in 2026 on average to reach 108.7 mb/d. Non-OPEC+ accounts for 1.7 mb/d and 1.2 mb/d of the growth, respectively.A slew of unplanned outages, scheduled maintenance and continued disruptions to Russia’s downstream operations, pushed refinery margins to a two-year peak in Europe and Asia in early November. Global refinery runs slumped by 2.9 mb/d m-o-m to 81.5 mb/d in October but are set to increase sharply towards year-end. Runs are forecast to rise by 710 kb/d in 2025 and…
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Flagship report
Jun 2025
World Energy Investment 2025 Eurasia
…was almost USD 190 billion in 2015, but has since followed a downward trend, reaching its lowest point in the past decade, around USD 135 billion, in 2022. Declining costs for oil and gas supply partly explain this trend, but it has been exacerbated by the decline in Russian spending after its full-scale invasion of Ukraine and the loss of most of its European export markets. However, investment has picked up in other markets, notably in Kazakhstan with the launch of the USD 48 billion expansion of the Tengiz oilfield, Central Asia’s largest oilfield, which is operated by Tengizchevroil. Investment in 2025 reaches a…
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Flagship report
Jun 2025
World Energy Investment 2025 European Union
…emissions generation. Grid investment is key to EU price convergence and market stability In the past decade, the European Union (EU) has increased its commitment to clean energy, with investment reaching almost USD 390 billion in 2025. Investment in low-emissions electricity was driven by the global energy crisis that followed Russia’s full-scale invasion of Ukraine in 2022, subsequent favourable policy incentives and the declining cost of renewable technologies. In 2024 renewables generated 50% of electricity used in the EU, while fossil fuels accounted for just over 25% (nearly half what their share was a decade ago), bringing…
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Country report
Dec 2025
Sustainable Transport for Georgia: A Roadmap Transport in Georgia: Taking stock
…Between 2010 and 2022, transport’s contribution to GDP nearly tripled, increasing from 1.4 billion GEL (520 million USD) to 4.1 billion GEL (1.52 billion USD). In 2023, transport and storage combined contributed 6.5% to Georgia’s GDP.Transport and storage employed around 8% of Georgia’s workforce in 2023. Cargo movements spurred by Russia’s 2022 full-scale invasion of Ukraine pushed up sector wages by more than 25%, above the national average, despite an 8.5% drop in employment from broader labour market shifts. Overall, Georgia’s strategic location, infrastructure upgrades and participation in…