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Global Renewable Electric Capacity Additions Dip in 2026, Expected to Surge Over 2027-2031
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The world is projected to add about 4,770 gigawatts of renewable electric generating capacity over 2026-2031, about 57% more than was added over the 2020-2025 period.
By Brian Ford, Editor-in-Chief
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Have you considered that the most consequential barrel this week may have been a ballot? A Democratic midterm sweep now carries subpoena power over oil deals, AI data centers and permitting, and Texas producers feel it. Afterward, the White House signaled that strikes on Iran grow unlikely if talks curb Tehran's nuclear ambitions and reopen Hormuz, yet Washington still dismisses Iran's preconditions as outrageous.
Brent has eased from near $115 to roughly $98 in two weeks, but have you considered that American distillate stocks sit 11% below last year? In Ukraine, peace may arrive with a "different shape," drawn over more than 390,000 Russian dead, while Ukrainian refinery strikes force fuel rationing inside Russia. Meanwhile, Kremlin campaigns exploit French unrest.
Whose borders become bargaining chips? Beijing extends its trade truce only to January 10, warning of countermeasures. IIR News Intelligence readers should consider watching Section 301 duties, refinery capacity and December gas, as our Market Scorecard MarCon is holding at 3, with the Ukraine war still at 4. Lower prices invite relief; have you considered what quiet negotiations are trading away?