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            • Oil Market Report - June 2026

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                • Country

                Switzerland

                Switzerland has notably decoupled economic growth from energy use despite strong population growth. This trend should continue, and the energy efficiency first principle should be reflected in all climate and energy legislation. Reaching the 2050 net zero emissions target and addressing the growing winter electricity gap between demand and production requires an unprecedented volume of additional renewable generation capacity, especially wind and hydro. For this, the country needs to shorten the complex and extended administrative and legal permitting process. This will also help advancing investments in grid infrastructure to prepare for more decentralised and variable generation. Switzerland should also align…

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                • + 5 pages

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                • Country

                Honduras

                In 2014, Honduras approved a new Law of Electrical Industry, which establishes technology-specific auctions for renewable energy. 75% of the population has access to electricity in the country and only 48% can rely on clean cooking facilities.

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                • Commentary

                • 23 Jun 2026

                How accelerating electrification could strengthen energy security in Southeast Asia

                …motors, heat pumps and electric vehicles, can deliver the same services while consuming less energy than fossil fuel-based alternatives. Shifting final energy consumption towards electricity generated from domestic and low-emissions sources can also reduce dependence on imported fuels, strengthen system resilience and reduce emissions.Electrification is already shaping energy trends across Southeast Asia, with electricity accounting for 23% of final energy consumption today – higher than the global average. Some countries have even higher shares. For example, around 30% of energy consumed in Brunei Darussalam and Viet Nam is electricity, up from less than 20% in the mid-2000s. Some…

                • Country

                New Zealand

                New Zealand has a diversified energy mix, with significant production of both hydropower and geothermal. As the country embarks on an ambitious energy transition, it has many natural advantages, including a strong renewable resource base. New Zealand already has a low-emissions electricity system, with over 80% of electricity coming from renewable sources. The key challenge will be to decarbonise other end-use sectors through clean power and support investments in new technologies to achieve deeper emissions cuts across all sectors. Notably, the transport sector accounts for the highest share of emissions and is almost entirely dependent on oil while…

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                • + 5 pages

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                • Topic

                Investment

                …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 is set to be twice the amount going to fossil fuels Key findings Global energy investment set to hit record in 2025 despite headwinds Total energy investment worldwide is poised to grow by 2% in 2025 to $3.3 trillion, reaching an all-time high despite elevated geopolitical tensions and economic uncertainty…

                • Country

                Spain

                …energy and climate change policies. The current Spanish framework for energy and climate is based on the 2050 objectives of national climate neutrality, 100% renewable energy in the electricity mix and 97% renewable energy in the total energy mix. As such, it is centred on the massive development of renewable energy, particularly solar, wind and renewable hydrogen, increasing energy efficiency and improving electrification. This is an opportunity for the country to not only stimulate the economy and by creating jobs through the modernisation of industry, but also to support vulnerable populations, improve energy security and support RD&D and innovation.

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                • + 5 pages

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                • Commentary

                • 21 Apr 2026

                How governments can best support consumers during this energy crisis

                How governments can best support consumers during this energy crisis The conflict in the Middle East has triggered a major shock to global energy markets, with the effective closure of the Strait of Hormuz triggering the largest supply disruption in the history of oil markets and significantly impacting supplies of natural gas and a range of energy-related commodities.As concerns over supply security have grown, prices have risen across several parts of the energy system, increasing pressure on household budgets, public finances and economic activity more broadly. In response, many governments have announced emergency measures to protect consumers from…

                • 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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                • Commentary

                • 09 Jun 2026

                The energy crisis creates even stronger impetus for EU electrification

                draft title Electrification is central to meeting the European Union’s goals on energy security, competitiveness, affordability, and emissions reductions. The closure of the Strait of Hormuz has highlighted the risks of over-dependence on imported fuels and concentrated supply routes, making the case for electrification even stronger.In the EU, around 70% of electricity generation is already supplied from domestic, low-emissions sources. And yet end-users (industry, buildings and transport sectors), source less than one quarter of their energy consumption from electricity. Today, around two-thirds of end-use energy consumption relies on fossil fuels, of which the…

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