global renewables additions keep pace despite geopolitics

see also: Latency Budget · Platform Risk

IEA data shows 220 GW of solar and wind were added worldwide through September 2023, roughly matching last year despite supply-chain challenges from sanctions on Russia and China (IEA Renewables). The resilience feeds energy security narratives.

metric snapshot

• Solar additions: 145 GW YTD.
• Wind additions: 75 GW YTD.
• Grid storage capacity up 64% YoY.
• Investment in renewables now 20% of total energy capex.

signal braid

• These additions support the policy logic in g7 price cap gambit targets russian revenue by lowering dependency on Russian oil.
• The storage surge helps explain why diesel volatility in diesel inventories slip to crisis lows in us is less dramatic than feared.

linkage anchor

This digest anchors the energy narrative and ties into multiple strategic pieces like the G7 price cap and diesel note.

my take

Geopolitics is still tightening access to fossil fuels, so the renewable capacity is the only reliable balancing instrument.

linkage

linkage tree

• tags
  • #energy
  • #2023
• related
  • [[g7 price cap gambit targets russian revenue]]
  • [[diesel inventories slip to crisis lows in us]]

ending questions

Can renewables keep pace if new sanctions disrupt rare earth supply chains?