{"id":42732,"date":"2025-07-06T06:49:08","date_gmt":"2025-07-06T06:49:08","guid":{"rendered":"https:\/\/www.europesays.com\/us\/42732\/"},"modified":"2025-07-06T06:49:08","modified_gmt":"2025-07-06T06:49:08","slug":"renewables-surge-though-geopolitical-shifts-threaten-progress","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/42732\/","title":{"rendered":"Renewables Surge Though Geopolitical Shifts Threaten Progress"},"content":{"rendered":"<p>Despite high-profile pushbacks against renewable energy and a rapidly changing policy environment, the global clean energy transition has picked up speed over the last year. While the last few years have seen slow and stuttering progress toward decarbonization goals, countries around the world are finally gaining momentum in building up cleaner and greener energy grids as 2030 benchmarks loom just around the corner.\u00a0<\/p>\n<p>The World Economic Forum\u2019s annual <a href=\"https:\/\/www.weforum.org\/publications\/fostering-effective-energy-transition-2025\/\" target=\"_blank\" rel=\"noopener\">Energy Transition Index 2025<\/a> paints a refreshingly hopeful picture for global climate goals. The flagship report, released in June, \u201cfinds improvements in energy equity and sustainability driven by easing energy prices, subsidy reforms, lower energy and emission intensity and increased share of clean energy.\u201d Overall, average Energy Transition Index scores improved 1.1% in 2025, representing a more-than twofold improvement over the average rate for the previous three years.\u00a0<\/p>\n<p>The profile of the countries leading the charge toward decarbonization is also changing. While the most decarbonized nations are still some of the richest countries in the world, developing economies are making the biggest advances. Emerging economies in Europe and Asia made the most progress in rising through the ranks of the index, respectively.<\/p>\n<p>What is more, late last year, an International Energy Agency (IEA) <a href=\"https:\/\/www.iea.org\/reports\/renewables-2024\" target=\"_blank\" rel=\"noopener\">report<\/a> found that renewables were \u201con course to meet almost half of global electricity demand by the end of this decade,\u201d led by a massive increase in solar energy production capacity on a planetary scale. An IEA <a href=\"https:\/\/www.iea.org\/news\/massive-global-growth-of-renewables-to-2030-is-set-to-match-entire-power-capacity-of-major-economies-today-moving-world-closer-to-tripling-goal\" target=\"_blank\" rel=\"noopener\">article<\/a> accompanying the report went on to illustrate that anticipated global renewable energy additions between now and 2030 \u2013 approximately over 5,500 gigawatts \u2013 are so significant that they are \u201con course to roughly equal the current power capacity of China, the European Union, India and the United States combined.\u201d<\/p>\n<p>\u201cRenewables are moving faster than national governments can set targets for. This is mainly driven not just by efforts to lower emissions or boost energy security \u2013 it\u2019s increasingly because renewables today offer the cheapest option to add new power plants in almost all countries around the world,\u201d IEA Executive Director Fatih Birol stated. \u201cThis report shows that the growth of renewables, especially solar, will transform electricity systems across the globe this decade,\u201d he went on to say.<\/p>\n<p>However, those IEA calculations were based on \u201csupportive policies and favourable economics\u201d toward the end of 2024. But 2025 paints a different picture. Global politics are changing rapidly, thanks in large part to a major shift in priorities in Washington D.C. The current administration has loudly and repeatedly announced its intentions to shift policy support <a href=\"https:\/\/www.politico.com\/news\/2025\/06\/10\/trump-energy-adviser-slams-renewables-focus-fossil-fuels-00396390\" target=\"_blank\" rel=\"noopener\">away from renewables<\/a> and back toward fossil fuels.\u00a0<\/p>\n<p>This shift in political priorities could have widespread impacts not just for the United States\u2019 emissions, but for global progress toward a just energy transition. Donald Trump\u2019s slashing of climate funding may kneecap energy transition projects in a number of developing countries. At the same time, China will likely be <a href=\"https:\/\/oilprice.com\/Energy\/Energy-General\/Will-China-Take-Advantage-of-Trumps-Climate-Cuts.html\" target=\"_blank\" rel=\"noopener\">happy to fill in those gaps<\/a> as Beijing increases its own <a href=\"https:\/\/oilprice.com\/Energy\/Energy-General\/Chinas-Rising-Influence-in-Global-Energy-Markets.html\" target=\"_blank\" rel=\"noopener\">global energy influence<\/a>.\u00a0<\/p>\n<p>Geopolitical uncertainty is leading to many economic and political effects that are just starting to ripple through global energy markets, and there\u2019s no way of knowing exactly how the energy transition will be impacted. However, the IEA reports in no uncertain terms that \u201cthe energy transition has been hobbled by a backdrop of geopolitical tensions, supply chain disruption, economic volatility and rising costs.\u201d<\/p>\n<p>The challenges facing continued progress are daunting, and the progress that is being made is still far too slow compared to viable net zero pathways. This April was the second warmest ever recorded and global emissions hit record highs, despite more than $2 trillion in clean energy investment in 2024. Moreover, energy security has not improved meaningfully, indicating <a href=\"https:\/\/oilprice.com\/Energy\/Energy-General\/Preventing-Cascading-Failures-in-Power-Grids.html\" target=\"_blank\" rel=\"noopener\">vulnerabilities<\/a> in global energy systems.<\/p>\n<p>By Haley Zaremba for Oilprice.com<\/p>\n<p><strong>More Top Reads From Oilprice.com:<\/strong><\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"Despite high-profile pushbacks against renewable energy and a rapidly changing policy environment, the global clean energy transition has&hellip;\n","protected":false},"author":3,"featured_media":42733,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[854,33534,33533,4923,746,4920,2438,33535,866,159,16338,67,132,68,33536],"class_list":{"0":"post-42732","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-environment","8":"tag-clean-energy","9":"tag-climate-goals","10":"tag-decarbonization","11":"tag-energy-transition","12":"tag-environment","13":"tag-fossil-fuels","14":"tag-geopolitical-tensions","15":"tag-iea-report","16":"tag-renewable-energy","17":"tag-science","18":"tag-solar-energy","19":"tag-united-states","20":"tag-unitedstates","21":"tag-us","22":"tag-world-economic-forum"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/114804960121230861","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/42732","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=42732"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/42732\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/42733"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=42732"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=42732"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=42732"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}