Unlocking Clean Power for All

Table of Contents

• Table ES1. A suite of policies is likely to be needed for system-wide change to renewable power 4
• Table 1. Types of policy aims and measures to reach them 25
• 1.0 Introduction and Objectives 8
• 1.1 Objectives 9
• 2.0 How Change Happens Through Tipping Points 10
• 3.0 Current Trends in RE Deployment 14
• 3.1 Utility-Scale Solar PV and Onshore Wind Have Reached Tipping Points in Some Geographies 14
• 3.2 RE Capacity and Investment Are Heavily Concentrated in Advanced Economies and China 15
• 4.0 Barriers to Tipping 18
• 4.1 Dampening Feedbacks 1: Barriers related to fossil fuel incumbency 18
• 4.2 Dampening Feedbacks 2: Barriers related to the mismatch between variable RE and existing institutions and infrastructure 19
• 4.3 Barriers Related to EMDEs 20
• 5.0 Public Financial Support: Status and trends 21
• 6.0 The Role of Public Finance in Forcing Tipping 23
• 7.0 Insights for Solar and Wind Deployment in EMDEs 25
• 8.0 Conclusion 27
• References 28
• Figure ES1: Tipping points conceptual framework 3
• Figure 1. Forcing tipping through policy interventions 10
• Figure 2. Highest solar PV and onshore wind net capacity additions in 2023 (excluding China, the EU, and the United States), MW 16
• Box 1. The role of public financial support in achieving tipping points in solar PV 11
• Box 2. IEA’s system integration of renewables framework 19