The COP29 Global Energy Storage and Grids Pledge has already gained the support of 58 countries, including major players from all continents like Brazil, Kenya, the USA, Ukraine, Pakistan, Morocco, Uruguay, Congo, Peru, Venezuela, Malaysia, Korea, Singapore, New Zealand, numerous European countries, and dozens of organisations. These signatories are taking the lead in implementing the ambitious target of tripling renewables agreed at COP28, with action-oriented goals for grids and storage set by the COP29 Presidency: deploying 1,500 GW of energy storage, doubling global grid investments, and developing 25 million kilometres of grid infrastructure by 2030.
1. Albania
2. Andorra
3. Australia
4. Azerbaijan
5. Belarus
6. Belgium
7. Bhutan
8. Brazil
9. Bulgaria
10. Canada
11. Republic of the Congo
12. Croatia
13. Cyprus
14. Denmark
15. Democratic People’s Republic of Korea
16. Estonia
17. Finland
18. Georgia
19. Germany
20. Greece
21. Guatemala
22. Hungary
23. Israel
24. Italy
25. Japan
26. Jordan
27. Kazakhstan
28. Kenya
29. Malaysia
30. Moldova
31. Mongolia
32. Morocco
33. Netherlands
34. New Zealand
35. Nicaraqua
36. North Macedonia
37. Norway
38. Pakistan
39. Palestine
40. Peru
41. Poland
42. Republic of Korea
43. Serbia
44. Singapore
45. Slovakia
46. Slovenia
47. Spain
48. Sweden
49. Switzerland
50. Tajikistan
51. Türkiye
52. Ukraine
53. United Arab Amirates
54. United Kingdom
55. United States
56. Uruguay
57. Uzbekistan
58. Venezuela
1. Ambition Loop
2. BirdLife International
3. BlueFloat Energy
4. Consumer Advocacy and Empowerment Foundation (CADEF)
5. Corio Generation
6. Corporate Leaders Network convened by the University of Cambridge Institute for Sustainability Leadership (CISL)
7. CREF
8. CurrENT Europe
9. Dr Brian O’Callaghan (Lead Researcher at the University of Oxford)
10. EBRD
11. ERM company
12. Eurelectric
13. European Association for Storage of Energy (EASE)
14. European Renewable Energies Federation (EREF)
15. Fortescue
16. German Renewable Energy Federation
17. Global Energy Alliance for People and Planet (GEAPP)
18. Global Renewables Alliance
19. Global Solar Council
20. Global Wind Energy Council
21. Gonzalo Munoz, COP25 Climate Champion
22. Green Climate Fund
23. Green Hydrogen Organization
24. Hitachi Energy
25. Husk Power Systems
26. Iberdrola
27. Ingrid Capacity
28. Integrate to Zero
29. International Geothermal Association
30. International Hydropower Association
31. Malaysia Green Technology Society
32. Mission Possible Partnership
33. Nigel Topping, COP26 Climate Champion
34. Ørsted
35. REN21
36. ReNew2030 coalition
37. Rocky Mountain Institute
38. Secure Energy Project
39. SolarPower Europe
40. SSE plc
41. STX Group
42. Sustainable Energy for ALL (SEforALL)
43. TAQA
44. The Carbon Trust
45. The Energy Charter Secretariat
46. The Long Duration Energy Storage Council
47. The Tony Blair Institute for Global Change
48. The Green Grids Initiative
49. Transforma
50. Universal Postal Union
51. Utilities for Net Zero Alliance (UNEZA)
Meeting the 3xRenewables commitment by 2030 and the Paris Agreement goals will require a massive and rapid increase in investments in new and existing electricity grids. This is not just a technical necessity; it is a defining moment for our collective future.
GRA has developed recommendations on grids and collaborates with the Green Grids Initiative to accelerate the scaling and optimisation of green grids globally.
The ability to store and dispatch renewable energy when needed is an essential component of the clean energy transition and integral to meeting the 3xRenewables target.
By 2030 we need a six-fold increase in storage, with 1.5 TW required to keep the world on track for net zero. Beyond 2030, the need for storage will continue to accelerate, with a wide diversity of technologies and durations required to decarbonise global electricity systems and energy-intensive industrial processes.
