IRENA Publishes Report On The Growth Of Renewable Energy
In early January 2019, the International Renewable Energy Agency (IRENA) published a report called A New World: The Geopolitics of Energy Transformation. Analyzing the geopolitical implications of the global energy sector that is being driven by renewables, the report was created by the Global Commission on the Geopolitics of Energy Transformation in early 2018. A ten-month project, the deliberations by the Commission consider the move of renewables to the center of the global energy landscape.
The report claims that global energy transformation driven by renewables “will reshape relations between states and lead to fundamental structural changes in economies and society. […] Global power structures and arrangements will change in many ways and the dynamics of relationships within states will also be transformed.” Arguing that power will become more decentralized and diffused, states that are heavily invested in renewable technologies (such as China) will have greater influence.
In contrast, states that rely on fossil fuel to a greater extent will lose influence. Furthermore, the abilities for countries to achieve energy independence will enhance their development, security, sustainability, and equity. As an important step in the direction of addressing climate change, combatting pollution, and promoting prosperity and sustainable development, states must be prepared to create a foundation for dialogue, debate, and policy actions focused on energy transformation.