• Country report

        • Mar 2026

        Financing the ASEAN Power Grid

        …how these assets are financed in practice and what must change to make them bankable for a wide set of potential investors.By quantifying total investment needs and potential sources of finance, identifying key barriers and offering clear, actionable recommendations, this report aims to equip policy makers, regulators, utilities, financiers and private‑sector stakeholders with the guidance needed to accelerate the financing and implementation of the ASEAN Power Grid. This analysis has been supported by the Clean Energy Transitions Programme, the IEA’s flagship initiative to transform the world’s energy system to achieve a secure and sustainable future for all.

        Photo depicts Aerial view of the electricity tower on the mountain.

        • Commentary

        • 22 Jun 2026

        How global oil supplies have readjusted to help fill the huge gap left by the Strait of Hormuz shock

        …agreement last week between the United States and Iran, which aims to reopen the Strait and provide the foundation for a lasting peace, is a crucial breakthrough on this front, with signs of exports already increasing since the deal was agreed.The supply disruptions and price spikes to date have prompted a wide range of responses by oil producers, refiners and consumers to adapt to the radically changed market conditions. Many consumers have scaled back their energy use and governments have taken steps to shelter households and businesses from the impacts, especially in the Asia-Pacific region where the effects…

        • Country

        Ukraine

        Ukraine is a key country for European and global energy security. Russia’s invasion of Ukraine has pushed it to fundamentally reshape its past dependence on energy imports from Russia.
        As the invasion continues, Ukraine is focused on tracking large-scale energy supply disruptions and actively working to recover power and heating for civilians. It is also putting together an ambitious recovery and reconstruction plan, with a strong focus on energy security. In the medium-term, Ukraine’s energy strategy remains focused on European integration, while it aims to an energy system that is ready for a Net Zero future…

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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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        • Report

        • Jun 2025

        Land-Use Competition between Biodiversity and Net Zero Goals

        …on an assessment by the International Energy Agency (IEA), tripling the capacity of renewables globally requires allocating up to an additional 600 000 km² of land – an area the size of France – to utility-scale solar PV and onshore wind power by 2030, and 2 million km² by 2050. In parallel, the IEA estimates that demand for key energy transition minerals – cobalt, copper, graphite, lithium, nickel and rare earth elements (REEs) – is projected to increase at least fivefold by 2030, requiring more land for mining and processing these minerals. At the same time, the Kunming-Montreal Global Biodiversity Framework aims to protect 30% of…

        Wind turbine renewable energy production in canola field near Cowley and Pincher Creek, Alberta, Canada

        • Country

        Türkiye

        Rapid economic and population growth in Türkiye over the past two decades have not only driven strong growth in energy demand, but also an associated increase in import dependency. As a result, Türkiye has pursued a restructuring of its energy system with the aim of rationalising energy demand growth, lowering energy prices and slowing the pace of import growth.
        These reforms have included measures targeted at modernisation, liberalisation and increased domestic production capacity. Notably, Türkiye has seen considerable diversification of its energy mix in the past decade. Renewable electricity generation has tripled in the past decade and the commissioning of…

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        • Country

        Yemen

        In Yemen, less than half of the population has access to electricity. In 2010, the government launched a National Strategy for renewable energy and energy efficiency, which aims to develop grid and off-grid renewable energy and targets a 15% share of renewable electricity generation by 2025.

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        • Country

        Korea

        …a strong dependence on energy imports and one of the highest shares of industrial energy use among IEA countries. Korea aims to leverage the fourth industrial revolution for its energy transition and to foster green growth by means of low-carbon technologies and clean energy. Due to Korea’s high share of coal-fired power generation, the carbon intensity of its electricity mix is above the IEA average. Korea’s private sector has a high capacity for technology innovation and its population has shown an almost unparalleled openness toward digitalisation. As a result, Korea’s energy transition is closely linked…

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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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        • 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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