IRENA: Energy transition will see geopolitical “winners and losers”

At the start of its ninth annual general assembly in Abu Dhabi today, the International Renewable Energy Agency (IRENA) released a report on the geopolitical impacts of the global expansion of renewable energy. As a result of the declining importance of coal, oil and gas, IRENA has forecast major shifts in geopolitical power structures – the precise nature of which remains largely unknown.

Outgoing IRENA director-general Adnan Z Amin spelt out the danger to the international community if the transition is not well managed, and what is at stake for nations and industries that fail to adapt. Read more