Energy is being remade

At a pivotal global moment, Climate Group is gathering partners, companies, and influential voices to help shape a new energy narrative. With electrification leading the COP31 agenda and the President Designate backing a global electrification target, the time is now.

1.

The devastating consequences of our reliance on old energy are laid bare. But a new energy is within reach: smart grids led by renewables and ever better storage and efficiencies can deliver the resilience and energy security companies and countries around the world are craving. Now is the time for decision-makers across sectors, markets, and political divides to work together on getting us there.

“We’ve been watching elements of this transition advance for years, but right now – cut off from the old energy supply we used to take for granted – everything is speeding up. The potential for energy security, economic resilience, and the climate is huge.”

Helen Clarkson

CEO | Climate Group

“Most of imported fossil fuels are not used to generate electricity, but to drive cars, heat homes and energise industry. Electrifying the energy system with EVs and heat pumps, powered by renewable electricity, is the quickest route off a fossil fuel import dependency.”

Dave Jones

Chief Analyst | Ember

2.

The forces of old energy are desperately trying to convince us that, somehow, more of the same is the solution. Anyone making this argument has a vested interest in keeping entire economies locked into costly dependence on unreliable petrostates selling single-use fuel. Countries stuck in politicised, misinformed debates will fall behind those that seize the new energy opportunity.

“Short-term fossil fuel fixes only serve to increase volatility and inequality. That’s why forward-thinking states and region, like members of our Under2 Coalition, are driving practical, bottom-up delivery of electrification, based on renewables.”

Champa Patel

Executive Director for Governments and Policy | Climate Group

“Dependence on fossil fuels is an addiction we can no longer afford, both financially and existentially. In 2026, of all years, when wars in fossil fuel heartlands are crippling the planet, it’s time to say: enough is enough.”

Tzeporah Berman

Founder and Chair | Fossil Fuel Treaty Initiative

3.

Leading companies have been driving the shift to renewables for years, investing billions – but they cannot get cheap, abundant renewables fast enough, because in most economies too many barriers remain. Governments need to urgently break these down. Right now, major companies are voting with their wallet for markets that can offer a new energy.

“Leading businesses, like the members of our RE100 network, are investing billions to power themselves away from the clutches of old energy, price swings and economic uncertainty. They want to go faster, but in many markets, barriers remain. These must urgently be removed.”

Ollie Wilson

Head of RE100 and Energy Operations | Climate Group

“In the global race for net-zero, leading firms will naturally gravitate toward economies that break down structural barriers and can deliver abundant renewable energy today.”

Taehan Kim

Chief Operating Officer | Korea Sustainability Investing Forum

4.

National and sub-national governments that act fast will attract the world’s leading companies looking for energy-secure, competitive locations. Many are already turbocharging their efforts to decouple from old energy, from India and China to Vietnam and Ethiopia. Right now, many others, from Europe to South Korea to Indonesia, want to move faster too. Who will be the first electrostate? This will be the powerful dynamic shaping the next phase.

“Countries like India are demonstrating what is possible when economies turbo-charge their energy transitions. The combination of cheap renewables and storage allow economies to bypass old energy dependency – and go straight to smarter, cleaner, more equitable systems.”

Divya Sharma

Executive Director, India | Climate Group

"Renewables are reshaping how energy is produced, but electrification is what will determine how much of the economy can benefit from that clean power. Together, they offer a practical pathway to stronger energy security, more stable costs and a more competitive economy in an increasingly uncertain world."

Molly Walton

Director, Energy | We Mean Business Coalition

5.

Renewables are unstoppable, but to unlock their full potential, we need to transform outdated grids into smart, agile networks. The cost is small compared to the cost of even just one fossil fuel shock or the slow construction of more old energy infrastructure. Powerful new alliances of companies and governments need to bring collaboration and fresh thinking to this vital work.

“The economics of new energy are shaping boardroom conversations. But the systems needed to deliver are still catching up. Grid upgrades need to top the agenda in any economy that wants to capitalise on renewables and drive electrification at scale.”

Mike Peirce

Executive Director, Systems Change | Climate Group

“Grids are as much a software issue, and opportunity, as a hardware one. While similar infrastructures, like the telephone and the internet, have evolved to more decentralised protocols and ownership, grids need to keep up with rapid deployment of consumer energy resources that essentially make electricity flow bi-directional.”

Zeeshan Ashfaq

CEO | Renewables First

6.

The current crisis is reshaping how we think about energy – and we need to grasp this opportunity. A growing network of companies and governments are approaching renewables, energy efficiency, cost-effective battery storage, innovative tech, and smarter systems in an integrated way to deliver energy security and future-proof competitiveness. A new energy is quickly becoming the only sensible, solid choice for any company, any country.

“The race for the new energy economy is on. The winners will be those that think of renewables, efficiency, storage, and smarter systems as one integrated way of delivering energy security and future-proof competitiveness.”

Sam Kimmins

Director of Energy | Climate Group

"The challenge isn't a lack of solutions. It's whether we can align policy, finance, and markets quickly enough to scale them. The energy transition is about more than emissions reductions. It's about building more competitive economies, more efficient and resilient energy systems, and opportunities that reach more people. That's the work ahead of us.”

Christine Egan

CEO | CLASP