Global Renewables Alliance (GRA)

The technology is here - now it’s time to deliver #3xRenewables ⤵️

Good - Bad - Ugly ! 👍 #Good: The forecasted 4% annual increase in global power demand over the coming three years will be met almost exclusively by new renewable energy projects. Renewable energy is being deployed at record pace but.... 👎 #Bad: New renewable energy capacity additions are not enough to cover more than this new power demand and so transition away from fossil fuels. Without a rapid increase in renewable deployment (and energy efficiency) new fossil fuel projects will continue to be built to meet power demand. 😦 #Ugly: This trend is set to continue - or even accelerate - and it is not evenly spread across geographies. Power demand in emerging markets is set to surge by 6-10%, where unfortunately, it is currently hardest to deploy renewables at scale and speed. 💡 Solutions: Urgent action needed to accelerate renewable project development: 1️⃣ Projects: Streamline and speed up #permitting processes. >3000GW of projects are currently stuck in planning. 2️⃣ Money: Mobilise $10 Trillion in #investment with access to lower cost #finance. 3️⃣ Flexibility: Preemptive investment in, and optimization of, new and upgraded #grid and #storage infrastructure. >3000GW of projects are currently waiting for grid connection. 4️⃣ Equipment: Strengthen and diversify #supply chains to increase resilience. Read the full International Energy Agency (IEA) report here: https://lnkd.in/ecRVK9Uj Read #Time4Action policy recommendations from Global Renewables Alliance (GRA) here: https://lnkd.in/eMS2VfaF Global Renewables Alliance (GRA) Members: Global Wind Energy Council (GWEC) Ben Backwell | Global Solar Council (GSC) Sonia Dunlop | Green Hydrogen Organisation - GH2 Jonas Moberg | Long Duration Energy Storage Council (LDES Council) Julia Souder | International Hydropower Association (IHA) Eddie Rich | International Geothermal Association Marit Brommer

🔌 Iberdrola champions action on #3xRenewables by strengthening Brazil’s energy infrastructure 📍 Neoenergia’s, the national branch of Iberdrola in Brazil, Alto Paranaíba Transmission Line will connect the states of Minas Gerais and São Paulo with a 1,600 km, 500 kV transmission line, boosting grid stability across Brazil and enhancing the country’s National Interconnected System. With R$ 3.8 billion of investment, this project will play a key role in Brazil’s low-carbon economy. Why it matters: 1️⃣ Energy security: Strengthens Brazil’s energy grid, ensuring that regions with a deficit in power generation are supported by surplus areas, which enhances overall grid stability. 2️⃣ Expanding deployment of renewables: The project will enable solar power generation in the northern and northwestern regions of Minas Gerais, positioning the state as a leader in Brazil’s energy transition. 3️⃣ Boost to local economies: Over 5,000 direct and indirect jobs will be created throughout the construction process, benefiting local communities. 🗣️ “Delivering a sustainable energy model fully aligned with 1.5°C requires a sustained focus on investment in energy infrastructures to integrate massive renewable energy and achieve transport, heating, and industry electrification,” said Gonzalo Sáenz de Miera, Director of Climate Change and Alliances at Iberdrola. GRA, in partnership with the Solar Impulse Foundation, is bringing light on 20 inspiring stories of successful renewable energy and energy efficiency projects. These stories clearly show that we can reach the global clean energy goals established at COP28 by 2030, turning a clean, secure and just energy future into reality. It’s time to seize the opportunity to deliver #3xRenewables and #2xEnergyEfficiency. 🔗 Check out the inspiring cases: https://lnkd.in/eFHnnR6B GRA Members: Global Wind Energy Council (GWEC) Ben Backwell | Global Solar Council (GSC) Sonia Dunlop | Green Hydrogen Organisation - GH2 Jonas Moberg | Long Duration Energy Storage Council (LDES Council) Julia Souder | International Hydropower Association (IHA) Eddie Rich | International Geothermal Association Marit Brommer | Bruce Douglas #3xRenewables #Time4Action #NowDeliverChange

🚨It’s not too late to deliver ambitious climate plans Governments have a key opportunity to attract investment, create jobs, and strengthen energy security by setting clear, actionable renewable energy targets. With the clean energy market set to triple in the next decade, businesses are ready to invest, but they need policy certainty to move forward. Swipe for key insights from industry leaders on why strong #NDCs matter. #NowDeliverChange 🔗Join the campaign: https://lnkd.in/eS9pgzpj Morten Dyrholm Vestas | Michael Hannibal Copenhagen Infrastructure Partners | Gonzalo Sáenz de Miera Iberdrola | Bruce Douglas GRA Members Global Wind Energy Council (GWEC) Ben Backwell | Global Solar Council (GSC) Sonia Dunlop | Green Hydrogen Organisation - GH2 Jonas Moberg | Long Duration Energy Storage Council (LDES Council) Julia Souder | International Hydropower Association (IHA) Eddie Rich | International Geothermal Association Marit Brommer

⚡ Power surge - Some highlights from IEA's latest report on future electricity demand (and how #renewables will meet almost all the growth): ⚡ Increase in electricity consumption through 2027 expected to average around 4% annually, driven by growing use for industry, air conditioning, electrification and data centres. ⚡ Growth in low-emissions sources – primarily renewables and nuclear – is sufficient, in aggregate, to cover all the growth in global electricity demand over the next three years. ⚡ Generation from solar PV is forecast to meet roughly half of global electricity demand growth through 2027, supported by continued cost reductions and policy support. ⚡ Most of the additional demand over the next three years will come from emerging and developing economies, which account for 85% of the demand growth. Read the full International Energy Agency (IEA) report here: https://lnkd.in/ecRVK9Uj Global Renewables Alliance (GRA) Members: Global Wind Energy Council (GWEC) Ben Backwell | Global Solar Council (GSC) Sonia Dunlop | Green Hydrogen Organisation - GH2 Jonas Moberg | Long Duration Energy Storage Council (LDES Council) Julia Souder | International Hydropower Association (IHA) Eddie Rich | International Geothermal Association Marit Brommer #NowDeliverChange #3xRenewables #Time4Action

"Without grids and storage, the transition will stall" GRA collaborates with the Green Grids Initiative (GGI) to ensure that grids are scaled and optimised to match the massive growth of renewable energy needed to meet the global energy transition targets. See more on how to unlock finance for grids in GGI's Climate Finance Principles ⤵️

Love is in the air, water, and sun 💘

⚡ IEA’s latest outlook—The renewable takeaways you need to know The world is electrifying fast—and renewables are leading the charge. According to the International Energy Agency (IEA)’s latest Electricity Market Report, here’s what stands out: 📈 Electricity demand is surging: Global consumption is set to rise by 3,500 TWh through 2027, averaging 4% annual growth, driven by industrial electrification, air conditioning, data centres, and EVs. 🌍 Emerging economies are shaping the future: 85% of new demand will come from emerging and developing economies, where electrification is accelerating alongside economic growth. ☀️ Solar PV is taking the lead: By 2027, solar alone is expected to meet nearly half of global electricity demand growth, thanks to falling costs and strong policy support. 📉 Emissions from electricity are plateauing: With renewables scaling up, the power sector is curbing fossil generation growth—a crucial shift for global climate goals. The clean energy transition is not a distant goal—it’s happening now. But to triple renewables by 2030, we need to translate ambition into concrete national energy plans. #3xRenewables #NowDeliverChange #CleanEnergy #EnergyTransition #Renewables GRA members Global Wind Energy Council (GWEC) Ben Backwell | Global Solar Council (GSC) Sonia Dunlop | Green Hydrogen Organisation - GH2 Jonas Moberg | Long Duration Energy Storage Council (LDES Council) Julia Souder | International Hydropower Association (IHA) Eddie Rich | International Geothermal Association Marit Brommer | Bruce Douglas

💬"Setting clear renewable energy targets is a foundational step to secure our energy future." Morten Dyrholm, Senior Vice President of Marketing, Communications, Sustainability and Public Affairs at Vestas, underscores that without clear and long-term renewable commitments, we risk falling short of our goals. "More renewables will ensure that our energy systems are secure, affordable and reliable. Without decisive action and a strong focus on sustainable implementation, we will be left with only ambitions." ⭕Vestas has joined over 200 organisations worldwide calling on governments to set ambitious, specific, and actionable renewables targets in the NDCs - to #NowDeliverChange. Join the campaign: https://lnkd.in/eS9pgzpj 🔗Read more: https://lnkd.in/dEZmX6t7 #NowDeliverChange #RenewableEnergy #NDCs #ClimateAction #InvestmentInRenewables GRA Members Global Wind Energy Council (GWEC) Ben Backwell | Global Solar Council (GSC) Sonia Dunlop | Green Hydrogen Organisation - GH2 Jonas Moberg | Long Duration Energy Storage Council (LDES Council) Julia Souder | International Hydropower Association (IHA) Eddie Rich | International Geothermal Association Marit Brommer

⭕ There’s still TIME to be ambitious. Time to turn global goals into national plans. Time to deliver change. As governments shape their national climate plans - #NDCs, they have a critical window to set ambitious, specific, and actionable targets for renewables. Getting this right is more important than being on time - strong, well-designed plans will unlock jobs, economic growth, and a competitive clean energy future. Chemotronix joins over 200 organisations worldwide, calling on leaders to seize this opportunity and ensure their plans drive investment, jobs, and a competitive clean energy future. Strong NDCs mean strong economies. Now it’s time for governments to lead - to #NowDeliverChange 🔗 Join us: https://ow.ly/Ap1850UVueo Global Renewables Alliance (GRA)