Energy-related studies and reports

A New World The Geopolitics of the Energy Transformation

Fundamental changes are taking place in the global energy system which
will affect almost all countries and will have wide-ranging geopolitical consequences. Renewables have moved to the centre of the global energy landscape.
Technological advances and falling costs have made renewables grow faster
than any other energy source. Many renewable technologies are now costcompetitive with fossil fuels in the power sector, even before taking into account
their contributions to the battles against air pollution and climate change.
These trends are creating an irreversible momentum for a global energy
transformation. While the surge in wind, solar and other renewables has taken
place mostly in the electricity sector, new technologies are enabling this
transformation in other sectors. Electric vehicles and heat pumps are extending
the deployment of renewables in transport, industry and buildings. Innovations
in digitalization and energy storage are expanding the potential for renewables
to flourish in ways that were unimaginable just a decade ago.
The accelerating deployment of renewables has set in motion a global energy
transformation that will have profound geopolitical consequences. Just as
fossil fuels have shaped the geopolitical map over the last two centuries, the
energy transformation will alter the global distribution of power, relations
between states, the risk of conflict, and the social, economic and environmental
drivers of geopolitical instability.
These far-reaching effects have not previously been considered in a comprehensive manner in any international forum or setting. To raise awareness and
deepen understanding of them, IRENA established the Global Commission
on the Geopolitics of the Energy Transformation, with the support of the
Governments of Germany, Norway and the United Arab Emirates.

Here is an analysis of the report

Here is the full report

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