Investment in clean energy and grids will reach US$2.2 trillion in 2025, double the expected investment into fossil fuels this year, according to data from the International Energy Agency (IEA).
Providing transparent data on grid capacity and connection requests has become “critical” to identifying bottlenecks as grid congestion becomes an increasing impediment to new renewable energy projects.
Australia has topped the international leaderboard in scaling electricity generation from low-emission and clean technologies, with growth between 2018 and 2023 at just over 100%.
In its World Energy Outlook 2024 report, the IEA said that geopolitical tensions and fragmentation are “major risks” for international energy supply security
