National Governments Shift to Renewable Energy Amid International Agreements and Advancements in Greener Technology

Strategic Insights -

The global transition to renewable energy is gaining momentum, driven by international agreements, ambitious national obligations, and the rapid advancement of greener technology. According to a recent report, national governments are increasingly selecting renewable energy to build their power infrastructure. However, the integration of variable renewable energy (VRE) into the grid infrastructure is not keeping pace with its deployment, leading to challenges in power markets.

Key Takeaways:

  • National governments are shifting their focus to renewable energy due to international agreements and national obligations, as well as the advancement of greener technology.
  • The proportion of reduced wind and solar power in generation capacity is rising in tandem with the expansion of VRE, particularly in regions where investments in power market structure and grid infrastructure are not keeping pace with VRE deployment.
  • Modeling future scenarios has emerged as a crucial planning tool in the power industry, enabling system planners and modelers to represent VRE in short-, medium-, and long-term models.
  • Efficient ways to incorporate renewables at cheap prices can be achieved by enhancing operational procedures and the structure of the power market.
  • The ongoing mapping of new technologies, data, policy frameworks, etc. across the globe will be beneficial for policymakers, practitioners, and the energy modeling community to share their planning experiences as nations shift to a high percentage of VRE in their energy mix generation portfolio.
  • The report reviews international wholesale electricity markets (WEMs) and VRE forecasting-related frameworks of around 33 countries across the globe.
  • The research was conducted by Karan Sareen, Minist Power, CEA, Government of India, and additional authors Rita Nagdeve, Bijaya Ketan Panigrahi, Bhavesh R. Bhalja, and Shiva Suman.

Statistics:

  • The report examines 33 countries across the globe to understand the integration of VRE into their power infrastructure.
  • The proportion of VRE in generation capacity is rising in tandem with its expansion, with significant increases in regions where investments in power market structure and grid infrastructure are not keeping pace.
  • The report highlights the importance of efficient ways to incorporate renewables at cheap prices by enhancing operational procedures and the structure of the power market.
  • The ongoing mapping of new technologies, data, policy frameworks, etc. across the globe will be beneficial for policymakers, practitioners, and the energy modeling community to share their planning experiences.

Sources:

  • VerticalNews. "National Governments Shift to Renewable Energy Amid International Agreements and Advancements in Greener Technology." Ecology, Environment & Conservation. May 23, 2025.
  • "Energy Transition: a Global Review of Wholesale Energy Markets and Variable Renewable Energy Forecasting-related Frameworks." Ieee Power & Energy Magazine. 2025;23(3):53-64.
  • Institute of Electrical and Electronics Engineers (IEEE). "Ieee Power & Energy Magazine." www.ieee.org/.
  • Karan Sareen, Minist Power, CEA, Government of India.