""A more decentralized energy system, with a growing share of renewables and more market players, is structurally more resilient. Countries that invested in the energy transition are weathering this crisis with less economic damage, as they boost energy security, resilience and competitiveness.""
""The conflict in the Middle East has exposed how reliant global oil and gas supply is on certain chokepoints, including the Strait of Hormuz. For the rest of the world, it is a reminder of the risk inherent to relying on an energy source produced in a relatively small number of countries.""
In 2025, renewable energy saw rapid growth, accounting for 85.6% of new global energy capacity. Renewables now represent 49.4% of total energy capacity, up from 46.3% in 2024. This increase is attributed to falling costs of solar panels and wind turbines, making over 90% of new renewable projects cheaper than fossil fuels. The ongoing conflict in Iran has highlighted vulnerabilities in global oil supply, prompting countries to consider energy independence through renewables. A decentralized energy system enhances resilience and security, benefiting nations that have invested in the energy transition.
Read at Fortune
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