Global Grid Capex to Surpass $650 Billion in 2026, Says Rystad Energy - Pv Magazine Global
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Global investment in electricity networks this year will reach $650 billion, 5% more than in 2025, according to Rystad Energy’s biannual report. The figure, which more than doubles 2020 spending, reflects the urgency of strengthening transport infrastructure to integrate the flood of intermittent renewable energies that will dominate the global mix in the coming decades. Twice as much as in 2020: an X-ray of a record investment The document, a w…
Global grid capex to surpass $650 billion in 2026, says Rystad Energy - pv magazine Global
Rystad Energy’s white paper on grid equipment published in late May 2026, examined pricing, lead times, and procurement for transformers, high-voltage circuit breakers and switchgears. The report highlighted that intermittent renewables are expected to account for nearly 48% of global generation by 2040 – up from just 2% of the share in 2010. Meanwhile, traditional power sources are expected to fall from 67% of global generation in 2010 to 29% b…
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