Renewables Boom
Global renewable energy capacity hit a record high in 2025, with non-fossil fuel projects accounting for approximately 86 percent of new energy sources
The global energy sector has undergone a significant transformation in recent years, with the war on Iran being a major catalyst for change, as reported by Al Jazeera. In April, Simon Stiell, the top energy official, noted that the conflict had already "supercharged the global renewables boom". This shift is evident in the record high global renewable energy capacity achieved in 2025, with non-fossil fuel projects accounting for approximately 86 percent of new energy additions. The rapid growth of renewables has been driven by increasing demand for clean energy, with electricity demand rising by 3% in 2025, outpacing overall energy use, which grew by 1.7%.
The latest energy news from reuters.com suggests that global oil prices have fallen in recent days, following the conclusion of US-Iran talks in Switzerland, which resulted in Tehran securing waivers for oil and petrochemical exports. This development has eased concerns about a potential supply shortage in global markets, and has significant implications for the ongoing US-Iran Talks Resume. Meanwhile, China's refined oil exports have increased from April, despite restrictions, and Australia has received its agreed-upon volume of energy imports.
The energy sector is undergoing a profound transformation, with clean power emerging as the largest source of new energy in 2025, according to a report by ft.com. The findings illustrate the growing demand for renewable energy, with all new power supply coming from clean sources. This trend is expected to continue, driven by increasing demand from emerging economies and the growing adoption of electric vehicles, with over a quarter of new cars sold globally in 2025 being electric. The US-China Tensions are also likely to play a significant role in shaping the global energy landscape, as the two superpowers compete for influence and resources.
Despite the rapid growth of renewables, energy demand continues to outpace the transition to clean energy, with global energy consumption increasing by 1.7% in 2025. In the United States, solar energy grew by over 28% in 2025, while globally, renewables increased from 32.2 exajoules to 35.4 exajoules, making it the fastest-growing major energy category. As the global energy sector continues to evolve, it is likely that Russia Escalates its efforts to exert influence over global energy markets, potentially leading to further instability and competition.
As I reflect on the current energy landscape, I firmly believe that a renewables boom is not only necessary, but inevitable. My thesis is that a rapid transition to renewable energy sources is crucial for a sustainable future. If nothing changes, the big winners will be the fossil fuel corporations, who will continue to reap massive profits at the expense of our planet's well-being. They will benefit from the status quo, while the rest of us suffer the consequences of climate change. It's time for a shift in our energy paradigm, and I believe that together, we can make it happen.
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