Two years after world leaders pledged to triple global renewable energy capacity by 2030, a new report shows that most countries still aren’t planning like they mean it.
Global energy think tank Ember released new data showing that national targets for renewable energy have barely budged since the COP28 climate summit in 2023. Collectively, countries are now aiming for just 7.4 terawatts (TW) of renewable energy by 2030 – that’s only a 2% increase in ambition since the agreement was signed. To hit the global tripling goal of tripling renewables by 2030, we need to reach 11 TW. Right now, we’re still on track for just a doubling.
“The purpose of a national renewables target is less so to force more renewables to be built, but rather to make sure they are built smarter,” said Dr. Katye Altieri, global electricity analyst at Ember. Setting clear goals helps governments plan where to build projects and how to best integrate them into the grid, and it helps companies invest in supply chains. What results is cheaper, more secure electricity.
Since COP28, only 22 countries have updated their renewables targets, and most of them are in the European Union. Outside the EU, just seven countries have made changes. That sluggish response highlights how most governments are still moving at their usual planning pace, despite the climate emergency.
The world’s biggest electricity producers haven’t done much either. The US still doesn’t have a national 2030 renewables target — and with Trump’s rollback of the Inflation Reduction Act (IRA), there’s little to no chance of that happening during this administration. India’s target of 500 GW hasn’t moved, but it’s already aligned with the tripling goal. Russia has no 2030 target at all, and no plans to set one.
China is finalizing its 15th Five-Year Plan for Energy, which is expected to include a 2030 renewables target, though it’s unclear if that will be part of the plan, its nationally determined contribution (NDC), or both. South Africa is also updating its Integrated Resource Plan, which could bring a new 2030 goal.
This report lands just as countries are gearing up for COP30 in Brazil, and without urgent, ambitious target updates and a clear path to implementation, the world is set to miss the 2030 goal. That would also be a missed opportunity to boost investment, cut fossil fuel use, and build a more affordable and resilient energy system.
Read more: Batteries are so cheap now, solar power doesn’t sleep
The 30% federal solar tax credit is ending this year. If you’ve ever considered going solar, now’s the time to act. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. It has hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use, and you won’t get sales calls until you select an installer and share your phone number with them.
Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started here.
FTC: We use income earning auto affiliate links. More.
