I live in one of those countries, and while renewable electricity helped to cushion the concern for house electricity, most of the logistics (that being the supply chain for basic commodities) are transported by oil (specifically diesel). Which further increases inflation for import dependent countries. Meaning even for those states (except those that don't import oil to move cars in the country) it will regardless cause an economic crisis.

One state is considered to be fully 'renewable' if the means of transport (excluding Airplanes since I can't find a suitable alternative ) for land is done via electric cars