Ranked: The Countries with the Most Sustainable Energy Policies
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Ranked: Countries with the Most Sustainable Energy Policies

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Countries with the Most Sustainable Energy Policies

Ranked: Countries With Most Sustainable Energy Policies

The sourcing and distribution of energy is one of the most pressing issues of our time.

Just under one billion people still lack basic access to electricity, and many more connect to the grid through improvised wiring or live through frequent blackouts. On the flip side of the socioeconomic spectrum, a growing chorus of voices is pressuring governments and corporations to power the global economy in a more sustainable way.

Today’s visualization – using data from the World Energy Council (WEC) – ranks countries based on their mix of policies for tackling issues like energy security and environmental sustainability.

The Energy Trilemma Index

According to WEC, there are three primary policy areas that form the “trilemma”:

1. Energy Security
A nation’s capacity to meet current and future energy demand reliably, and bounce back swiftly from system shocks with minimal disruption to supply. This dimension covers the effectiveness of management of domestic and external energy sources, as well as the reliability and resilience of energy infrastructure.

2. Energy Equity
A country’s ability to provide universal access to reliable, affordable, and abundant energy for domestic and commercial use. This dimension captures basic access to electricity and clean cooking fuels and technologies, access to prosperity-enabling levels of energy consumption, and affordability of electricity, gas, and fuel.

3. Environmental Sustainability
The transition of a country’s energy system towards mitigating and avoiding environmental harm and climate change impacts. This dimension focuses on productivity and efficiency of generation, transmission and distribution, decarbonization, and air quality.

Using the dimensions above, a score out of 100 is generated. Here’s a complete ranking that shows which countries have the most sustainable energy policies:

RankCountryTrilemma ScoreLetter Grade*
1🇨🇭 Switzerland85.8AAA
2🇸🇪 Sweden85.2AAA
3🇩🇰 Denmark84.7AAA
4🇬🇧 United Kingdom81.5AAA
5🇫🇮 Finland81.1AAA
6🇫🇷 France80.8AAA
7🇦🇹 Austria80.7AAA
8🇱🇺 Luxembourg80.4BAA
9🇩🇪 Germany79.4AAA
10🇳🇿 New Zealand79.4AAA
11🇳🇴 Norway79.3CAA
12🇸🇮 Slovenia79.2AAA
13🇨🇦 Canada78.0AAC
14🇳🇱 Netherlands77.8BAB
15🇺🇸 United States77.5AAB
16🇨🇿 Czech Republic77.4AAB
17🇺🇾 Uruguay77.2ABA
18🇪🇸 Spain77.0BAA
19🇭🇺 Hungary76.8AAB
20🇮🇹 Italy76.8BAA
21🇮🇸 Iceland76.2BAB
22🇱🇻 Latvia76.1ABA
23🇸🇰 Slovakia75.6ABA
24🇧🇪 Belgium75.2BAA
25🇮🇪 Ireland75.2CAA
26🇷🇴 Romania75.1ABA
27🇭🇷 Croatia74.9ABA
28🇦🇺 Australia74.7BAB
29🇵🇹 Portugal74.0BBB
30🇪🇪 Estonia73.8BAB
31🇯🇵 Japan73.8CAB
32🇮🇱 Israel73.3CAB
33🇲🇹 Malta72.9DAA
34🇭🇰 Hong Kong (China)72.5DAB
35🇦🇷 Argentina72.4BAB
36🇱🇹 Lithuania72.4CBA
37🇰🇷 South Korea71.7BAC
38🇨🇷 Costa Rica71.6CBA
39🇧🇷 Brazil71.6ABA
40🇲🇽 Mexico71.3ABB
41🇧🇬 Bulgaria71.3BBB
42🇷🇺 Russia71.2AAC
43🇸🇬 Singapore71.2DAB
44🇻🇪 Venezuela70.3ABB
45🇪🇨 Ecuador69.6ABB
46🇵🇦 Panama69.5CBA
47🇬🇷 Greece69.5CBA
48🇨🇱 Chile69.4BBB
49🇨🇴 Colombia69.3BCA
50🇲🇺 Mauritius69.0CBB
51🇲🇾 Malaysia68.5BBC
52🇦🇪 U.A.E.68.3BAD
53🇵🇱 Poland68.3BBB
54🇨🇾 Cyprus67.9DBB
55🇶🇦 Qatar67.9AAD
56🇧🇳 Brunei67.7CBC
57🇦🇿 Azerbaijan67.7BBB
58🇵🇪 Peru66.8ACB
59🇰🇿 Kazakhstan66.6BBC
60🇦🇲 Armenia66.3CBB
61🇺🇦 Ukraine66.0ACC
62🇸🇻 El Salvador66.0BCA
63🇴🇲 Oman65.5BAD
64🇲🇪 Montenegro65.4CBB
65🇰🇼 Kuwait65.2CAD
66🇹🇷 Turkey64.9CBC
67🇵🇾 Paraguay64.7DBA
68🇹🇭 Thailand64.6CBC
69🇮🇩 Indonesia64.1BCC
70🇷🇸 Serbia63.8BBC
71🇲🇰 North Macedonia63.7CBC
72🇨🇳 China63.7BBD
73🇦🇱 Albania63.7DBA
74🇮🇷 Iran63.6ABD
75🇹🇳 Tunisia63.6BBC
76🇹🇹 Trinidad and Tobago63.3CAD
77🇬🇪 Georgia63.1CBC
78🇸🇦 Saudi Arabia62.8CAD
79🇧🇦 Bosnia and Herz.62.1BBC
80🇧🇭 Bahrain62.1BAD
81🇱🇧 Lebanon61.6DAC
82🇩🇿 Algeria61.3CBD
83🇲🇦 Morocco61.1CCC
84🇧🇴 Bolivia60.4BCC
85🇱🇰 Sri Lanka60.1BCB
86🇦🇴 Angola60.0ADB
87🇪🇬 Egypt59.9BBD
88🇬🇹 Guatemala59.7BCC
89🇬🇦 Gabon59.5CBD
90🇳🇦 Namibia59.1CDA
91🇻🇳 Vietnam58.9ACD
92🇿🇦 South Africa58.9DBD
93🇮🇶 Iraq58.9BBD
94🇵🇭 Philippines58.6BCC
95🇯🇴 Jordan58.5DBC
96🇧🇼 Botswana57.7DCC
97🇩🇴 Dominican Republic57.6DBB
98🇯🇲 Jamaica56.9DBC
99🇹🇯 Tajikistan55.7DCC
100🇭🇳 Honduras55.3DCC
101🇸🇿 Eswatini55.1DCC
102🇳🇮 Nicaragua54.5DCC
103🇬🇭 Ghana52.9CDC
104🇲🇲 Myanmar51.9BDB
105🇰🇭 Cambodia51.6CDC
106🇰🇪 Kenya51.3BDB
107🇲🇩 Moldova51.2DCD
108🇲🇳 Mongolia51.1DCD
109🇮🇳 India50.3BDD
110🇵🇰 Pakistan49.6CDD
111🇨🇮 Côte d’Ivoire49.3BDC
112🇿🇲 Zambia47.8CDB
113🇨🇲 Cameroon47.4BDD
114🇧🇩 Bangladesh47.1DDC
115🇿🇼 Zimbabwe46.0CDC
116🇲🇷 Mauritania45.6BDD
117🇳🇵 Nepal44.3DDC
118🇸🇳 Senegal43.4DDD
119🇹🇿 Tanzania42.5DDC
120🇪🇹 Ethiopia42.3DDC
121🇲🇬 Madagascar42.2CDC
122🇲🇿 Mozambique41.4DDC
123🇳🇬 Nigeria40.7BDD
124🇲🇼 Malawi39.1DDB
125🇧🇯 Benin36.3DDD
126🇹🇩 Chad33.8DDD
127🇨🇩 D.R.C.33.8DDC
128🇳🇪 Niger30.0DDD

*The letter grade represents national performance in three dimensions. The first letter represents Security, the second letter represents Equity, the third letter represents the Environmental Sustainability. The top grade is AAA, the lowest is DDD.

Highs, Lows, and Outliers

Every country has unique circumstances — from strategic energy reserves to green energy ambitions — that shape their domestic energy policies. Let’s take a closer look at some of the more interesting situations around the world.

Sweden

sweden energy trilemma index

Qatar

qatar energy trilemma index

Singapore

singapore energy trilemma index

Dominican Republic

dominican republic energy trilemma index

Niger

niger energy trilemma index

Global Energy Outlook

Achieving the balance of prosperity and sustainability is a goal of nearly every country, but it takes stability and the right mix of policies to get the job done.

The fact that many trilemma scores are improving is an indicator that the world’s patchwork of energy policies are slowly moving in the right direction.

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Energy

Ranked: Nuclear Power Production, by Country

Nuclear power accounted for 10% of global electricity generated in 2020. Here’s a look at the largest nuclear power producers.

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Nuclear Power Production by Country

This was originally posted on Elements. Sign up to the free mailing list to get beautiful visualizations on natural resource megatrends in your email every week.

Nearly 450 reactors around the world supply various nations with nuclear power, combining for about 10% of the world’s electricity, or about 4% of the global energy mix.

But while some countries are turning to nuclear as a clean energy source, nuclear energy generation overall has seen a slowdown since its peak in the 1990s.

The above infographic breaks down nuclear electricity generation by country in 2020 using data from the Power Reactor Information System (PRIS).

Ranked: The Top 15 Countries for Nuclear Power

Just 15 countries account for more than 91% of global nuclear power production. Here’s how much energy these countries produced in 2020:

RankCountryNumber of Operating ReactorsNuclear Electricity Supplied
[GWh]
% share
#1U.S. 🇺🇸96789,91930.9%
#2China 🇨🇳50344,74813.5%
#3France 🇫🇷58338,67113.3%
#4Russia 🇷🇺39201,8217.9%
#5South Korea 🇰🇷24152,5836.0%
#6Canada 🇨🇦1992,1663.6%
#7Ukraine 🇺🇦1571,5502.8%
#8Germany 🇩🇪660,9182.4%
#9Spain 🇪🇸755,8252.2%
#10Sweden 🇸🇪747,3621.9%
#11U.K. 🇬🇧1545,6681.8%
#12Japan 🇯🇵3343,0991.7%
#13India 🇮🇳2240,3741.6%
#14Belgium 🇧🇪732,7931.3%
#15Czechia 🇨🇿628,3721.1%
Rest of the World 🌎44207,3408.1%
Total4482,553,208100.0%

In the U.S., nuclear power produces over 50% of the country’s clean electricity. Additionally, 88 of the country’s 96 operating reactors in 2020 received approvals for a 20-year life extension.

China, the world’s second-largest nuclear power producer, is investing further in nuclear energy in a bid to achieve its climate goals. The plan, which includes building 150 new reactors by 2035, could cost as much as $440 billion.

On the other hand, European opinions on nuclear energy are mixed. Germany is the eighth-largest on the list but plans to shutter its last operating reactor in 2022 as part of its nuclear phase-out. France, meanwhile, plans to expand its nuclear capacity.

Which Countries Rely Most on Nuclear Energy?

Although total electricity generation is useful for a high-level global comparison, it’s important to remember that there are some smaller countries not featured above where nuclear is still an important part of the electricity mix.

Here’s a breakdown based on the share of nuclear energy in a country’s electricity mix:

RankCountryNuclear Share of Electricity Mix
#1France 🇫🇷70.6%
#2Slovakia 🇸🇰53.1%
#3Ukraine 🇺🇦51.2%
#4Hungary 🇭🇺48.0%
#5Bulgaria 🇧🇬40.8%
#6Belgium 🇧🇪39.1%
#7Slovenia 🇸🇮37.8%
#8Czechia 🇨🇿37.3%
#9Armenia 🇦🇲34.5%
#10Finland 🇫🇮33.9%
#11Switzerland 🇨🇭32.9%
#12Sweden 🇸🇪29.8%
#13South Korea 🇰🇷29.6%
#14Spain 🇪🇸22.2%
#15Russia 🇷🇺20.6%
#16Romania 🇷🇴19.9%
#17United States 🇺🇸19.7%
#18Canada 🇨🇦14.6%
#19United Kingdom 🇬🇧14.5%
#20Germany 🇩🇪11.3%

European countries dominate the leaderboard with 14 of the top 15 spots, including France, where nuclear power is the country’s largest source of electricity.

It’s interesting to note that only a few of these countries are top producers of nuclear in absolute terms. For example, in Slovakia, nuclear makes up 53.6% of the electricity mix—however, the country’s four reactors make up less than 1% of total global operating capacity.

On the flipside, the U.S. ranks 17th by share of nuclear power in its mix, despite producing 31% of global nuclear electricity in 2020. This discrepancy is largely due to size and population. European countries are much smaller and produce less electricity overall than larger countries like the U.S. and China.

The Future of Nuclear Power

The nuclear power landscape is constantly changing.

There were over 50 additional nuclear reactors under construction in 2020, and hundreds more are planned primarily in Asia.

As countries turn away from fossil fuels and embrace carbon-free energy sources, nuclear energy might see a resurgence in the global energy mix despite the phase-outs planned in several countries around the globe.

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Energy

The Periodic Table of Commodity Returns (2012-2021)

Energy fuels led the way as commodity prices surged in 2021, with only precious metals providing negative returns.

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commodity returns 2021 preview

The Periodic Table of Commodity Returns (2022 Edition)

For investors, 2021 was a year in which nearly every asset class finished in the green, with commodities providing some of the best returns.

The S&P Goldman Sachs Commodity Index (GSCI) was the third best-performing asset class in 2021, returning 37.1% and beating out real estate and all major equity indices.

This graphic from U.S. Global Investors tracks individual commodity returns over the past decade, ranking them based on their individual performance each year.

Commodity Prices Surge in 2021

After a strong performance from commodities (metals especially) in the year prior, 2021 was all about energy commodities.

The top three performers for 2021 were energy fuels, with coal providing the single best annual return of any commodity over the past 10 years at 160.6%. According to U.S. Global Investors, coal was also the least volatile commodity of 2021, meaning investors had a smooth ride as the fossil fuel surged in price.

Commodity2021 Returns
Coal160.61%
Crude Oil55.01%
Gas46.91%
Aluminum42.18%
Zinc31.53%
Nickel26.14%
Copper25.70%
Corn22.57%
Wheat20.34%
Lead18.32%
Gold-3.64%
Platinum-9.64%
Silver-11.72%
Palladium-22.21%

Source: U.S. Global Investors

The only commodities in the red this year were precious metals, which failed to stay positive despite rising inflation across goods and asset prices. Gold and silver had returns of -3.6% and -11.7% respectively, with platinum returning -9.6% and palladium, the worst performing commodity of 2021, at -22.2%.

Aside from the precious metals, every other commodity managed double-digit positive returns, with four commodities (crude oil, coal, aluminum, and wheat) having their best single-year performances of the past decade.

Energy Commodities Outperform as the World Reopens

The partial resumption of travel and the reopening of businesses in 2021 were both powerful catalysts that fueled the price rise of energy commodities.

After crude oil’s dip into negative prices in April 2020, black gold had a strong comeback in 2021 as it returned 55.01% while being the most volatile commodity of the year.

Natural gas prices also rose significantly (46.91%), with the UK and Europe’s natural gas prices rising even more as supply constraints came up against the winter demand surge.

Energy commodity returns 2021

Despite being the second worst performer of 2020 with the clean energy transition on the horizon, coal was 2021’s best commodity.

High electricity demand saw coal return in style, especially in China which accounts for one-third of global coal consumption.

Base Metals Beat out Precious Metals

2021 was a tale of two metals, as precious metals and base metals had opposing returns.

Copper, nickel, zinc, aluminum, and lead, all essential for the clean energy transition, kept up last year’s positive returns as the EV batteries and renewable energy technologies caught investors’ attention.

Demand for these energy metals looks set to continue in 2022, with Tesla having already signed a $1.5 billion deal for 75,000 tonnes of nickel with Talon Metals.

Metals price performance 2021

On the other end of the spectrum, precious metals simply sunk like a rock last year.

Investors turned to equities, real estate, and even cryptocurrencies to preserve and grow their investments, rather than the traditionally favorable gold (-3.64%) and silver (-11.72%). Platinum and palladium also lagged behind other commodities, only returning -9.64% and -22.21% respectively.

Grains Bring Steady Gains

In a year of over and underperformers, grains kept up their steady track record and notched their fifth year in a row of positive returns.

Both corn and wheat provided double-digit returns, with corn reaching eight-year highs and wheat reaching prices not seen in over nine years. Overall, these two grains followed 2021’s trend of increasing food prices, as the UN Food and Agriculture Organization’s food price index reached a 10-year high, rising by 17.8% over the course of the year.

Grains price performance 2021

As inflation across commodities, assets, and consumer goods surged in 2021, investors will now be keeping a sharp eye for a pullback in 2022. We’ll have to wait and see whether or not the Fed’s plans to increase rates and taper asset purchases will manage to provide price stability in commodities.

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