Will local ambition fast-track or frustrate the global energy transition?
Generous national incentives are attracting renewable investment. The question is what that means globally.
Renewable energy attractiveness index
Index ranking
Power purchase agreement index
Normalized index ranking
National incentives are sparking a renewables race, which may shift capital between countries.
Analysis: market actions and global net zero
Competition can speed up technology and lower costs, benefiting the global transition.
But incentives can also draw capital away from markets that need it.
Key developments around the world
Major markets continue to expand renewable capacity, while grid constraints and permitting remain bottlenecks.
Normalized index
Comparing markets on an equal footing shows where conditions are strongest relative to size.
Corporate power purchase agreements remain strong
Corporate buyers continue to sign long-term renewable contracts.
Regional focus: India
New technologies such as green hydrogen could strengthen India's export position and increase demand for round-the-clock clean power.
Summary
Local ambition can accelerate the global transition if capital keeps flowing to all markets.
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