The Green Grids Initiative (GGI) coordinates international action, and mobilises technical expertise and financing to accelerate the development of green grids necessary to meet net zero commitments. There is no transition without transmission. We focus on three thematic pillars:
Grids are not yet considered the low-risk investable assets that they should be. By convening financiers and setting out common principles for grid investments, the GGI facilitates the doubling in grid investment needed by 2030.
Effective long-term planning is not widespread and too many states do not plan ahead enough to provide certainty to the market. Cumbersome permitting slows progress where plans exist.
Supply chain capacity for grids components has been flat, with limited ability to ramp up at pace. Buyers need affordable supply to plan projects and suppliers need commitments that enable them to invest in new manufacturing capacity. The GGI is working hard to coordinate supply and demand to deliver on grids.
The GGI brings together an ecosystem of global experts to solve the systemic challenges facing grid development and to enable the transition to a renewable and electrified global economy. The GGI Secretariat leads and convenes its four partner-led working groups to create an ecosystem and expert network of more than 150 members.
To deliver on the challenge of scaling up grids, innovative multi-stakeholder approaches are needed. The GGI brings together policymakers, politicians, system operators, utilities, project developers, manufacturers and suppliers, concessional finance, private finance, knowledge institutions and innovators to coordinate action. The GGI exists to solve the problems facing grid development that can only be solved through bringing key stakeholders and experts together.