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            • Oil Market Report - June 2026

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                • Country

                Guatemala

                The National Energy Plan of Guatemala defines the promotion of renewables as a priority. The plan aims to promote the use of clean and environmentally friendly energy for domestic consumption without losing sight of energy security and the need for supplying electricity at competitive prices.

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                • + 5 pages

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                • Country

                Australia

                …Net Zero emissions by 2050, while ensuring a just and inclusive energy transition through the guidance of the Net Zero Authority under the Prime Minister’s office. By 2030, the government aims to reach the clean electricity target of 82% of renewable energy. In addition to this target, Australia is implementing a new 2030 critical minerals strategy and gas market reforms to boost energy security during the transition. Flexibility, fuel availability and resilient infrastructure will become even more vital as Australia’s energy system incorporates very high shares of variable renewables and faces more frequent and more extreme weather events.

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                • + 5 pages

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                • Country

                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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                • Topic

                Investment

                …investment in the energy sector – especially in emerging and developing economies, where data is often limited.  Participants representing a diverse range of financial institutions are invited to attend an annual event hosted at the IEA headquarters in Paris, and regional summits – the latest held in Singapore – are also organised to encourage broad participation across geographies.  Participants representing a diverse range of financial institutions are invited to attend an annual event hosted at the IEA headquarters in Paris, and regional summits – the latest held in Singapore – are also organised to encourage broad participation across geographies.  Investment in clean energy this year…

                • Topic

                Climate Change

                …s energy sector to reach net zero emissions by mid-century, limiting global warming to 1.5 °C, as called for by the Paris Agreement, and avoiding the worst effects of climate change.The rapid growth of some clean energy technologies in recent years – including electric cars, solar PV and batteries – has kept the door to 1.5 °C open. Yet meeting this target would require much faster progress on a much larger scale, IEA analysis shows – with even greater international co-operation and ambition from policy makers, as well as the swift and full implementation of the energy commitments…

                • Country

                United States

                The United States introduced major energy and climate policy reforms which put the country on a path towards a clean, secure and affordable energy system for a net zero economy. The reforms aim to strengthen infrastructure deployment and resilience, include a major focus on clean energy manufacturing, improving diverse supply chains and affordability, enhancing equity and the creation of high-quality clean energy jobs.
                The US plays a significant role in supporting international energy security as the world’s largest producer of oil and exporter of liquified natural gas. A wave of clean energy investment means the US is today…

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                • + 5 pages

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                • Country

                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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                • + 5 pages

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                • 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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                • Country

                France

                …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 in efficiency, six new nuclear power plants and renewable energy, notably offshore wind…

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                • + 5 pages

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