IRENA proposes global electrification target of 35% by 2035

<p class="p1"><span class="s1">New report from the International Renewable Energy Agency (IRENA) says renewables will be key to meeting rising global demand for electricity but with up to 2.5 TW of solar, storage and wind projects already in connection queues worldwide, increased investment in grid infrastructure will be pivotal.</span></p><p><span style="font-weight: 400;">Electrification must account for 35% of global total final electricity consumption by 2035 to remain on a 1.5 C-compatible pathway, according to a new report from the <a href="https://www.pv-magazine.com/tag/irena/" rel="noopener" target="_blank">International Renewable Energy Agency</a> (IRENA).</span></p>
<p><span style="font-weight: 400;">The agency’s latest report, &#8220;<a href="https://www.irena.org/-/media/Files/IRENA/Agency/Publication/2026/May/IRENA_OUT_TAFF_RE_electrification_grids_2026.pdf" rel="noopener" target="_blank">Transitioning away from fossil fuels: A roadmap based on renewables, electrification and grid enhancement</a>,&#8221; says electrification must lead the next phase of the energy transition. </span></p>
<p><span style="font-weight: 400;">A revised 1.5 C scenario calls for a significant increase in the role of electricity in the global energy system, rising from around 23% today to the 35% target by 2035, then to above 50% by 2050 at which point electricity would be the dominant energy carrier in the global energy system.</span></p>
<p><span style="font-weight: 400;">IRENA’s report says this rising demand for electricity will be met mostly by renewables. </span><span style="font-weight: 400;">It sets a target of 18.4 TW of global installed renewable capacity by 2035, increasing to 38.2 TW by 2050, to meet targeted electrification. Global renewables capacity reached <a href="https://www.pv-magazine.com/2026/04/02/global-solar-additions-reached-record-511-gw-in-2025-says-irena/" rel="noopener" target="_blank">5.14 TW</a> by the end of 2025, according to a recent IRENA report.</span></p>
<p>This growth trajectory would see the share of renewables in electricity generation increase, from 30% in 2023 to 78% in 2035 and up to 92% in 2050, the report adds.</p>
<figure class="wp-caption aligncenter" id="attachment_342575" style="width: 600px;"><img alt="" class="size-medium wp-image-342575" height="312" src="https://www.pv-magazine.com/wp-content/uploads/2026/05/Screenshot-2026-05-21-at-10.10.30-600x312.png" tabindex="0" width="600" /><figcaption class="wp-caption-text">Renewables growth under IRENA's revised 1.5 C scenario for global electrification <p><i>Image: IRENA</i></p>
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<p>IRENA Director-General Francesco La Camera said the agency’s revised roadmap shows that electrification with renewables serves multiple policy goals.</p>
<p><span style="font-weight: 400;">“It contributes to climate mitigation, enhances energy security by boosting independence from imported fossil fuels and bolsters economic competitiveness through the creation of new industrial value chains and innovation,” La Camera explained. “Furthermore, cost-competitive renewables support affordable electricity prices for households and industry.”</span></p>
<p><span style="font-weight: 400;">Grid infrastructure and flexibility are highlighted as critical bottlenecks to achieving IRENA’s increased electrification targets.</span></p>
<p><span style="font-weight: 400;">There are around 2,500 GW of projects stuck in grid connection queues worldwide, according to figures available in the report, the majority of which are solar, storage or wind. IRENA estimates grid investment needs at an average $1.2 trillion annually through to 2050, more than double the $0.5 trillion invested in 2025. To remain on a 1.5 C pathway, IRENA says a total of $5.5 trillion in investments on power grids and energy flexibility is required before 2030.</span></p>
<p><span style="font-weight: 400;">IRENA’s report warns that without proportional grid investment, electrification risks increased curtailment, network congestion and higher costs. It calls for both grid infrastructure expansion and the optimization of existing grids through methods including grid-forming solutions and grid enhancing technologies in order to unlock untapped grid capacity and reliability.</span></p>
<p><span style="font-weight: 400;">“Grid expansion and reinforcement is therefore an essential prerequisite and must keep pace with renewables growth,” the report says.</span></p>