India Poised to Play Key Role in Next Phase of Global Energy Transition: WEF

New Delhi, June 19: A World Economic Forum (WEF) assessment has highlighted that only 24 per cent of countries globally have made progress across all major energy transition metrics in 2026, underscoring uneven global advancement in achieving secure, affordable, and sustainable energy systems.

The report notes that while several nations are advancing renewable energy adoption and improving energy security, many continue to face challenges in balancing sustainability, reliability, and affordability in their energy systems.

Against this backdrop, India has been identified as a key player in the next phase of the global energy transition, driven by its large-scale energy demand, expanding infrastructure, and growing investments in clean and renewable energy sources.

Uneven Global Energy Progress

The WEF assessment points to significant disparities in global energy transition progress, with only a minority of countries showing improvements across all core dimensions of energy performance.

Key challenges include policy coordination gaps, financing constraints, and uneven access to advanced clean energy technologies.

India’s Expanding Energy Footprint

India’s growing role in the global energy landscape is attributed to its rapid expansion in renewable capacity, continued policy focus on clean energy development, and efforts to ensure energy security alongside economic growth.

The country is increasingly seen as a critical market influencing global energy demand patterns and future transition pathways.

Outlook

The report concludes that the next phase of the global energy transition will depend on stronger international cooperation, sustained investment flows, and accelerated deployment of clean technologies, with India expected to remain a central driver in this evolving framework.