Brussels, 12 March 2026 – The Global Renewables Alliance (GRA) today issued a statement launching a five-point Renewables Action Plan, calling on governments to urgently accelerate renewable energy deployment in response to renewed global energy price shocks.
The statement is endorsed by GRA’s six member associations representing the global renewable energy industry: Global Wind Energy Council, Global Solar Council, Green Hydrogen Organisation, Long Duration Energy Storage Council, International Hydropower Association and International Geothermal Association.
The alliance warns that the latest crisis in the Middle East once again exposes the fragility of a fossil fuel dependent global energy system, urging governments to “treat the oil and gas price shocks reverberating through the world economy as a pivotal turning point and urgently accelerate the transition to renewable energy.”
Renewable energy is the fastest and most cost competitive solution to long-term energy security, resilience and prosperity. Fast-tracking the deployment of wind, solar, hydro, geothermal and storage projects will protect countries from price volatility and energy market failure.
“Energy crises keep recurring because the global energy system remains stuck in the past,” said Bruce Douglas, CEO of GRA.
“The fastest and cheapest way to protect economies and households from price shocks is to accelerate the deployment of renewables, energy efficiency and storage, strengthen grids and electrify end use sectors.”
The Renewables Action Plan identifies five priority actions for governments to break the cycle of energy crises: fast track permitting, remove grid and storage bottlenecks, mobilise financing, accelerate electrification, and scale renewable supply chains.
Energy crises have repeatedly exposed the vulnerability of fossil fuel dependent energy systems, from the oil shocks of the 1970s to the gas crisis following Russia’s invasion of Ukraine and the current tensions in the Middle East. Accelerating the deployment of domestic renewable energy alongside grids and storage can reduce exposure to volatile fossil fuel markets while strengthening economic resilience and energy security.
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The Global Renewables Alliance (GRA) is a global alliance of renewable energy industry associations. It works with governments, industry, investors and other stakeholders to advance the policies, partnerships and investment needed to accelerate renewable energy deployment in line with the global 3xRenewables target to deliver secure, competitive and resilient energy systems.
Founded by the Global Wind Energy Council, the Global Solar Council, the Green Hydrogen Organisation, the International Geothermal Association, the International Hydropower Association, and the Long Duration Energy Storage Council, GRA provides a unified voice across wind, solar, hydropower, geothermal, green hydrogen, energy storage and grids.