The Global Renewables Alliance (GRA) has issued a statement outlining a five-step Renewables Action Plan that calls on governments to accelerate the deployment of renewable energy in response to renewed global energy price volatility. The plan identifies five priority actions for governments: fast-tracking permitting, removing grid and storage bottlenecks, mobilising financing, accelerating electrification and expanding renewable supply chains.
1. Fast-track permitting: Streamline permitting and consenting procedures for renewable energy and short- and long-duration storage projects to accelerate regulatory approvals and support a significant expansion of capacity within the next 36 months.
2. Address grid and storage constraints: Expand, modernise and optimise electricity grids and storage systems to integrate additional renewable capacity, maintain reliability and improve access to lower-cost renewable electricity. The plan also calls for shorter grid connection queues and priority dispatch for renewables.
3. Mobilise financing: Increase public and private investment in renewable energy and storage projects and related infrastructure through measures such as preferential financing conditions, renewable lending facilities and policies that shift capital away from carbon-intensive sectors.
4. Accelerate electrification: Develop and implement national strategies to expand electrification across transport, heating and industry, supported by flexibility markets, demand response and short- and long-duration energy storage. For sectors that cannot be directly electrified, the plan highlights the role of green hydrogen.
5. Expand supply chains: Establish industrial strategies with clear milestones to scale up renewable energy, grid and storage deployment. The plan also calls for stronger demand signals, offtake frameworks and long-term revenue visibility to support investment in manufacturing capacity and workforce development.
GRA’s six member associations are the Global Wind Energy Council, Global Solar Council, Green Hydrogen Organisation, Long Duration Energy Storage Council, International Hydropower Association and International Geothermal Association.
