Xavier Barbaro, chief executive of Neoen, told the FT that the Iran war sharpened demand for domestic clean energy but warned the surge may fade. Neoen, now part of Brookfield, has built solar, wind and the world’s largest batteries in France, Australia and Finland. The conflict reminded investors that green power can be cheaper and faster to deploy.

Rystad Energy estimates Asia‑Pacific will burn an extra 150 million tonnes of coal by 2030, up from 7.26 bn tonnes in 2025. Meanwhile the US and Canada have ramped fossil fuel output to meet domestic demand, while Germany, Brazil and South Korea subsidise coal. These short‑term moves run counter to a cleaner grid.

India added 2.7 GW of rooftop solar in Q1, double the prior period, while U.S. residential installations hit 1.2 GW, a 6 % rise. The IEA projects $2.2 trillion into renewables this year, twice the fossil‑fuel spend. Yet most 2026 projects were locked in before the war, tempering the crisis’s impact.

Governments in China, the EU and the UK are tightening incentives for electrification, while China boosts coal alongside renewables in its five‑year plan. The IEA warns that voluntary targets lack teeth, yet countries that have already invested in clean power are better insulated from fuel price shocks. Investors now face a clearer path to green assets.