Regional Market Analyses

IRENA's Renewable Energy Market Analyses series aims to capture the wealth of knowledge and experience in a region and identify emerging renewable energy trends and themes at the intersection of public policy and market development. The studies encompass broader economic and energy sector trends as well as renewable energy investment and policy developments in each region and address issues of specific relevance as ‘in-focus’ discussions.

So far, IRENA has released four such analyses:

 Renewable Energy Market Anaysis: The GCC Region (2016) looks at the opportunities and barriers for renewable energy deployment in the GCC economies and offers recommendations for the deployment of renewables.

Following the rapid pace of renewable energy advancement and deployment in the region after the first release, IRENA further updated this report in 2019. Renewable Energy Market Analysis: GCC (2019) assesses the prospects for renewables to diversify both national economies and the combined GCC energy mix, while also helping the region to contribute to the 2030 Agenda for Sustainable Development.

 

 

Latin America hosts some of the world’s most dynamic renewable energy markets and some countries generate almost all of their electricity from renewable sources.Renewable Energy Market Analysis: Latin America (2017) offers a comprehensive review of the status and trends in the region’s renewable energy development.

 

 

 

 

 Annual economic growth in Southeast Asia exceeds 4 % and energy consumption has doubled in just over two decades.  Renewable Energy Market Analysis: Southeast Asia (2018) examines the challenges of economic and population growth, the need to boost energy supply, and growing environmental and energy security concerns.

 

 

 

 

IRENA is currently developing its latest iteration to the series, to be released in 2019. Renewable Energy Market Analysis: Southeast Europe (2019) will shed some light on the energy, policy and financial environment of the region, with a focus on the biomass sector and on the unique benefits associated with renewable energy deployment in Southeast Europe.


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