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ACCELERATING

WINDAND

RENEWABLESTOACHIEVEENERGYSECURITY

AWINDACTIONPLANTOBREAKTHECYCLEOFENERGYCRISES

12MARCH2026

GWEC|AcceleratingWindandRenewablestoAchieveEnergySecurity|1

CONTEXT

TheescalationoftensionsinvolvingIran,theU.S.,IsraelandotherentitiesinFebruaryandMarch2026hasonceagainexposedthehazardsofglobalfossilfuelsupplychainsandenergysystemdependence.TheclosureoftheStraitofHormuz–acriticalchokepointforglobalshipping–hashaltedalargeshareoftankertraffic,creatingchaosinoilandgasmarketsandforcingcurtailmentsatmajorenergyfacilitiesincludingtheRasTanuraRefineryandLNGexportinfrastructureinQatar.

Theeconomicconsequencesarespreadingwellbeyondenergymarketsglobally.ThepriceofabarrelofoilbroketheUS$100markon9March20261.Risingoilandgascostsinmanymarketsarefeedingdirectlyintoelectricityprices,increasinginflationarypressuresandcostsforconsumers.Analystsexpectthatevenatemporaryspikeinoilpricesmayslowglobalgrowthby0.4pp,whilesustainedoilpriceelevationbeyondthreemonthsmayleadtosignificantinflationacrossgasoline,transportation,utilities,productionandothersectorslinkedtoenergypricesacrosstheeconomy(seeAnnex)2.

Inresponse,manycountriesareintroducingemergencymeasuressuchaspricecapsandfuelsubsidiestoshieldhouseholdsandindustriesfromtheimmediateimpacts.However,theseinterventionsareonlyquickfixesandoftenfiscallydifficulttosustain,particularlyforlower-incomeandenergy-importingeconomieswhicharemoreexposedtoglobalfuelpriceshocks.

GWEC|AcceleratingWindandRenewablestoAchieveEnergySecurity|2

A5-POINT-PLANTO

ACCELERATEWINDENERGY

2

ADDRESSGRIDAND

FAST-TRACKEMERGENCYPERMITTING

>

八STORAGEBLOCKERS

MOBILISE

FINANCINGNOW

3

MOVESWIFTLYTOELECTRIFICATION

4

SCALEUP

SUPPLYCHAINS

5

Downloadtheinfographic

here

GWEC|AcceleratingWindandRenewablestoAchieveEnergySecurity|3

HISTORYREPEATSITSELF

Wehaveseenthisbefore.FossilfuelpricevolatilitydestabilisedmarketsandrunawayinflationreverberatedacrosseconomiesafterRussia’sinvasionofUkrainein2022,duringtheGulfWarinthe1990sandfollowingsupplydisruptionandpoliticalupheavalintheMiddleEastinthe1970s.

Thispatternhasbecomeafeatureofthefossilfueleconomy,demonstratinghowquicklygeopoliticalconflictcansendoil,gasandcoalpricessurging,forcinggovernmentstostepintoshieldconsumersfromhighinflation.Inmanycountries,particularlywithintheGulfregion,theimpactsoncostsextendfurtherthroughthefood-energy-waternexus,affectinghumanwelfare.

Thelessonofthelasthalf-centuryisclear:

Diversifyingenergysystemsisnolongerjustaclimateobjective;itisdisciplinedriskmanagementforthemodern,interconnectedworld.

Forgovernments,theimplicationsarestrategic.Energysystemsthatareheavilydependentonimportedfossilfuelswillremainexposedtogeopoliticalchokepoints,recurrentsupplydisruptionsandpricevolatility,posingadirectthreattoenergysecurity.

RENEWABLESARETHESOLUTIONTOENERGYSECURITY

Countriesthatmovedquicklytodiversifytheirenergysystemsandacceleraterenewabledeploymentinthelastfewyearsarenowbetterprotectedfromthefossilfuelpriceshocksandfinancialcontagioncausedbydistantconflicts(seeAnnex).

Severalcountriesarealreadydeployingrapidresponsemechanismsinresponsetothecurrentcrisis.SouthKorea’spresidenthascalledforastrategicexpansionofrenewableenergytoshieldthecountryfromfuturegeopoliticalshocksandenergypricevolatility.3TheleadersoftheUK,FranceandSpainhaveechoedsimilarcommitmentstodoubledownonrenewablesandreducedependencyonfossilfuels.

Emergingmarketsareioiningthecallaswell.Forexample,theEgyptiangovernmenthaspledgedtoadd2,500MWofwindandsolarcapacitytothenationalgridbeforenextsummertoensureastableandreliableelectricitysupply.4

WINDISTHEKEYTOUNLOCKING

RENEWABLESFORENERGYSECURITY

Wehaveseenthisbefore.FossilfuelpricevolatilitydestabilisedmarketsandrunawayinflationreverberatedacrosseconomiesafterRussia’sinvasionofUkrainein2022,duringtheGulfWarinthe1990sandfollowingsupplydisruptionandpoliticalupheavalintheMiddleEastinthe1970s.

Thispatternhasbecomeafeatureofthefossilfueleconomy,demonstratinghowquicklygeopoliticalconflictcansendoil,gasandcoalpricessurging,forcinggovernmentstostepintoshieldconsumersfromhighinflation.Inmanycountries,particularlywithintheGulfregion,theimpactsoncostsextendfurtherthroughthefood-energy-waternexus,affectinghumanwelfare.

GWEC|AcceleratingWindandRenewablestoAchieveEnergySecurity|5

WINDPOWERASASTRATEGICHEDGE

Renewableenergydeploymentandenergysecurityarefundamentallyaligned.Windpowerinparticularprovidesalimitless,domesticandscalablesourceofelectricitywithpredictablelong-termcosts.Oncegridandprojectinfrastructureisbuilt,countriescantapintowindgenerationfornear-zeromarginalcosts,insulatingeconomiesfromglobalfuelpricevolatility.

Themostsecureenergysystemsavoidover-relianceonanysinglefuelsource,supplierortransitcorridor.Windenergyplaysacentralroleinthisdiversification:

·Windstrengthensenergysovereignty.Itisalimitless,homegrownpowersourcethatisinherentlybetterprotectedagainstinternationalconflictorglobalshipping

chokepoints.

·Withnofuelcostsandnear-zeromarginalcosts,windofferslong-termpricecertainty.

·Investmentinwindstabilisesenergyexpenditure,reducesvulnerabilitytofuelpriceshocks,andprovidespredictablecashflowsoveralongterm,helpinggovernmentsconserveforeignexchangereserves,avoideconomicdisruptionfossilfuel-relatedcrisesandreallocatefundstoessentialnationalpriorities.

·Onshorewindisthelowest-costrenewableenergyoptionbyglobalaverage,makingitthemostcost-competitivesourceofanynewelectricitygeneration.5

·Windishighlyscalableandcanprovidelargeamountsofstablepoweror“variablebaseload,”accordingtotheIEA.6

·Offshorewindprojectshavehighcapacityfactors,rivallingthoseofthemostefficientgasplantsorcoalplants.7

·Matureoffshorewindmarketshavedemonstratedsignificantcostreductionsafterthefirst2-3GWofdeployment,reinforcinglong-termcompetitiveness,accordingtoBloombergNEF.

·Windpowercreateslong-termvalueandwhole-of-economybenefits,including

incomeandemploymentgrowth,skillsdevelopment,aswellasaboostto

wellbeingandsocietalsavingsrelatedtohealth,subsidyandclimate-relatedcosts.8

FAST-TRACKWINDDEPLOYMENTNOW

POLICYMAKERSSHOULDURGENTLYREVIEWTHEIREXPOSURETOFUTUREFOSSILFUEL

PRICESHOCKS,ANDIMPLEMENTEMERGENCYPOLICYPACKAGESTODIVERSIFY

POWERSOURCESANDSCALERENEWABLEENERGYDEPLOYMENTATUNPRECEDENTED

SPEED.

BUILDINGUPONTHE

GLOBALRENEWABLESALLIANCE

’SRENEWABLESACTIONPLAN

TOACCELERATERENEWABLES,POLICYMAKERSCANTAKEPRACTICALSTEPSWITHIN

THENEXT12MONTHSTOUNLOCKLARGE-SCALEWINDDEPLOYMENTAND

STRENGTHENNATIONALRESILIENCE:

GWEC

GWEC|AcceleratingWindandRenewablestoAchieveEnergySecurity|7

FAST-TRACKEMERGENCYPERMITTING

Accelerateregulatoryapprovalsbyurgentlystreamliningpermittingandconsentingproceduresforwind,renewablesandstorageproiectstodeliveramaiorexpansionofcapacitywithinthenext36months

Priorityactionsforwindpower:

·Identifyproiectsthatcouldbeprioritisedforconstructionwithin1-3years.

·Fast-trackpilotproiectsthathavethepotentialtospurfuturegrowth.

·Mandatemaximumleadtimesforpermittingwindproiects.

·Establishcentralisedpermittingauthoritiesorone-stopshops.

·Wherepossible,designatepriorityrenewableenergydevelopmentzonesfrompre-existingapprovedsites,withoutrestrictingplanningaccesstoothergreenfieldsites.

·Deploydigitalpermittingplatformsandtransparentapprovaltimelinesandguidelines.

·Streamlineinter-agency/ministrycoordination,includingaviation,radar,andmilitaryclearanceprocesses.

·Acceleraterepoweringregulationsasthe‘low-hangingfruit’toreplaceageingturbineswithlarger,moreefficientmodelswhilereusingexistinggridconnections.By2030,178GWofwindcapacitygloballyfacedecommissioning.9

2.ADDRESSGRIDANDSTORAGEBLOCKERS

Expand,moderniseandoptimiseelectricitygridsandstoragesystemstointegratenewwindcapacity.Significantlyshortenlengthygridconnectionqueuesandaccelerategridaccessbyguaranteeingprioritydispatchforrenewables.

Priorityactionsforwindpower:

·Identify“shovel-ready”windproiectsinthepipelinethatcouldbe

prioritisedforgridconnectionwithin1-3years,asdoneduringthe“greenrecovery”periodaftertheCOVID-19pandemic.

·Enableprioritydispatchforwindproiectstoreducecurtailment.

·Immediateinvestmentandemphasisongridmanagementandupdatestotakeintoaccountlocationofwindproiectsandcorrespondingloadcentres.

·Providefirmgridconnectionguaranteesandensuregridconnectionsareinplaceaheadoftime.

GWERuedeCommerce31|1000Bussels|Belgium|Tel:+3222131897|Fax:+3222131890|in@|w

GWEC|AcceleratingWindandRenewablestoAchieveEnergySecurity|9

MOBILISEFINANCINGNOW

Unlockandde-riskpublicandprivateinvestmentforwindandotherrenewableenergyproiectsandassociatedinfrastructure,byintroducingpreferentialinterestratesandfinancing,decreasingfinancialinstitutionlendinglimits,creatingrenewablelendingwindows,andredirectingcapitalawayfromcarbonintensiveindustries.

Priorityactionsforwindpower:

·Prioritisingrisk-sharingmeasureswhichallocatesproiectriskstothestakeholder(government,privatesector,offtaker,financialinstitutions)toensureproiectbankability.

·Executeauctionreformlearninglessonsfromrecentunsuccessfulauctions,suchasUKAR6andDenmark.

·Establishrenewablelendingfacilitiesorgreeninvestmentwindowstofacilitateandencourageaccesstocapital,consideringthescaleofcapitalrequiredforwindproiects.

·Introducepreferentialinterestrates,grantpackages,creditguaranteesforstrategicwindproiects.

|RuedeComme3|1uss|iumTel:+22131897|F:+29|info@wt|

GWEC|AcceleratingWindandRenewablestoAchieveEnergySecurity|10

MOVESWIFTLYTOELECTRIFICATION

Introduceandimplementnationalstrategiestoreducefossilfueldependencebyacceleratingend-useelectrificationandsystemintegrationacrosstransport,heatingandindustry,supportedbyflexibilitymarkets,demandresponseandshort-andlong-durationenergystorage.

Priorityactionsforwindpower:

·Supportlegalframeworksforcorporatepowerpurchaseagreements(PPAs)forwindproiects,especiallyforlargeelectricityconsumerssuchasdatacentresandheavyindustry.

·Introduceflexibilityandstoragesystemincentiveswhereitmakessense,andnotburdenproiectdevelopmentwithunattainablerequirements.

·Developwindproiectsusingasystemsapproach:Integratewindwithotherrenewablesandenergystorage,optimisingsynergies,gridreliability,andvalueacrossthepowersystem.

GWEC|AcceleratingWindandRenewablestoAchieveEnergySecurity|11

SCALE-UPSUPPLYCHAINS

Developrobustindustrialstrategiesforsupplychaindevelopmentwithclearmilestonestoexpandrenewable,gridandstoragedeployment.Createcleardemandsignalsandofftakeframeworks,increasepipelinevisibility,andgeneratelong-termrevenuecertainty,topromotenecessaryinvestmentsinmanufacturingandlabourforcecapacity.

Priorityactionsforwindpower:

·Forminter-ministerialtaskforcesandiointindustrydialoguesthataimtogetwindandrenewablesproiectsandvaluechainsbuiltonanacceleratedtimeline.

·Setoutclear,yearlyauctionvolumes,andactionableroadmapstodriveinvestorconfidence.

·Createprioritymechanismstoensurevitalcommoditiesareavailablefortheenergytransition.

Takingthesefiveemergencymeasurestofast-trackpermitting,expandgridaccess,mobilisefinancing,acceleratesystemelectrificationandscaleupsupplychainswillcreatethenecessaryspeedandcertaintyforlarge-scalewindpowerdeployment.Thisinturnwillenablemassiveiobcreationandgreenindustryinvestment.

Byimplementingtheseactionsinthenext12months,governmentscanshieldthemselvesfromthevolatilityandconflictlinkedtofossilfuelsandbuildafoundationforsecure,lastinggrowth.

DiIsScClaLieIMr:ERThisactionplanwasapprovedon12March2026bytheGlobalWindEnergyCouncil’sExecutiveCommitteemembers,andassuchitmaynotnecessarilyreflecttheviewsofallGWECmembers.

GWEC|AcceleratingWindandRenewablestoAchieveEnergySecurity|12

FOOTNOTES

1.

https://www.politico.eu/article/spillover-iran-energy-shockwaves-hit-europe/

2.Onaverage,a10%increaseinoilpricesraisesconsumerpriceindex(CPI)inflationbyabout0.2percentagepoints.See:

/articles/assessing-the-global-

ecomic-impact-of-middle-east-war

;

/business/global-economy-

faces-inflation-growth-test-amid-escalating-conflict-iran-goldman-2026-03-05/

;

/economy/goldman-sachs-delivers-quiet-warning-on-oil-

prices

.

3.

/english/market-money-

en/2026/03/10/YCKVTEFUNZHTDMEG55FG5GHW3Y/

4.

/2026/03/04/egypt-to-add-2500mw-of-renewable-

energy-capacity-to-national-grid/

5.

/Publications/2025/Jun/Renewable-Power-Generation-Costs-in-

2024

6.

/reports/offshore-wind-outlook-2019

7.

/data-and-statistics/charts/average-annual-capacity-factors-by-

technology-2018

8.

/-/media/Files/IRENA/Agency/Publication/2019/Oct/IRENA

_Future_of_wind_2019.pdf

9.

/-/media/Files/IRENA/Remember/Assembly/Sixteenth%20sess

ion%20of%20the%20Assembly/A_16_BN_REPowering%20for%20Tripling_Advancing

%20Wind%20Energy#:~:text=IRENA's%20Coalition%20for%20Action%2C%20a,grid

%20connections%20and%20local%20communities

GWEC|AcceleratingWindandRenewablestoAchieveEnergySecurity|12

ANNEX

commoditiesmarkets

commoditypriceshavejumpedintheweeksincewarbrokeoutintheMiddleEast,assupplyconcernsgrow

withdisruptionstoshipping.Herearesomekeyplattspriceassessmentsonmarketsthathavebeenimpacted.

plattsDatedBrent$/b)

187%

1400

85

1200

75

plattsJetFBFARAGBarge($/mt)

121%

23-Feb25-Feb27-Feb0

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