<
https://reneweconomy.com.au/the-age-of-electricity-is-a-massive-opportunity-for-australia-if-it-can-match-chinas-speed-and-scale/>
"The International Energy Agency (IEA) has announced “the Age of Electricity”
in its latest report –
Electricity 2026 – which highlights the rapid growth
of global electrification over 2020-2025, now forecast to accelerate to 3.6%
per year growth to 2030.
With electrification comes both energy independence and decarbonisation, as
regions and countries the world over speed their transitions to meet economic
and climate goals in an increasingly fraught geopolitical landscape.
Two weeks ago, the UK government joined with nine northern European countries
to sign the historic
Hamburg Declaration to secure a massive 100GW of new
offshore wind projects. This is designed to ensure Europe hasn’t freed itself
from Russian fossil fuel capture only to allow US capture instead.
But it is China that is central to this story. In 2025 alone, China installed a
world record 446GW of new renewable energy, 20% more than in 2024. An
overwhelming 82% of all net new capacity additions were renewables, as we noted
in our recent
China Energy Update."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics