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These 5 countries are leading the energy transition

This video is part of: Centre for Energy and Materials

The top three countries leading the energy transition have held their spots for the past decade. While all five leading countries have differing energy systems, they share a set of common attributes:

Strong and Supportive Regulatory Environment: Effective regulations and policies support the transition to renewable energy.
Enhanced Energy Security: A diverse energy and electricity mix enhances energy security.
Reduced Levels of Energy Subsidies: Lower subsidies for fossil fuels encourage the adoption of renewable energy.
Carbon Pricing Schemes: Implementing carbon pricing helps to reduce greenhouse gas emissions.

Countries leading the energy transition

5. Switzerland

4. Finland

3. Norway

2. Denmark

1. Sweden

Emerging economies in the energy transition

Among the top 20 countries leading the energy transition, Brazil and China are notable emerging economies. Both are new entrants into the top 20 this year. Brazil scored highly on energy security and environmental sustainability, while China leads in renewable energy investments and capacity development.