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Energy transition stalls as regions lag across key clean technologies
Energy transition stalls as regions lag across key clean technologies
McKinsey flags regional gaps across net-zero technologies.
Geopolitics, high interest rates stall 2030 decarbonisation progress
Defense mandates of up to 5% GDP divert funds from green initiatives.
$3t investment supercycle to drive global data centre growth by 2030
Renewables, storage, and gas reshape global data centre energy.
Global VPP market could hit $14.8b as falling battery costs fuel grid shift
This will be driven by AI, decentralisation, and solar-plus-storage adoption.
IRENA underscores AI’s role in systemic energy innovation
It spotlights 40 innovations modernising grids and energy access.
Utility scale battery storage costs fall to US$125 per kWh
Core equipment costs can rise to around US$100 per kilowatt-hour or more in markets with higher tariffs, among others.
Power sector shift drives coal consumption down after record 2025
Coal usage will decline due to increasing competition with other energy sources.
Global power grid investment reaches US$359b in 2024: report
But it fell short of the USD671b annual investments needed to be reached between 2025 and 2030, IRENA said.
Corporate funding for energy storage down 36% in 9M
Funding decreased to $11.2b.
Thought Leadership Centre
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