IDEAS home Printed from https://ideas.repec.org/a/eee/renene/v256y2026ipgs0960148125021603.html

Probabilistic analysis of tripling global renewables based on Bayesian-inferred growth dynamics model

Author

Listed:
  • Ye, Wenxin
  • An, Kangxin
  • Zhang, Shihui
  • Zhen, Zihan
  • Cai, Wenjia
  • Wang, Can

Abstract

Achieving the tripling of global renewable energy capacity by 2030 is critical for meeting the 1.5 °C target. To track progress and identify gaps in the global effort, a robust, probabilistic forecasting tool is essential. However, most existing models are scenario-based and lack data-driven forecasting. This study addresses this gap by introducing a probabilistic S-curve growth model, combining the Richards curve with Bayesian inference to predict renewable energy capacity by 2030 and evaluate policy scenario effectiveness. The model analyzes 244 countries and regions, focusing on solar PV and wind power, and assesses the likelihood of meeting the tripling target. Results show that global renewable capacity is expected to reach 7295 GW by 2030, far below the 11,000 GW target. About 21.7 % of countries are on track to triple solar PV capacity, while only 4.7 % will achieve this for wind. Countries like Germany and Spain show regrowth patterns with new growth phases. Additionally, policy scenario analysis reveals that achieving the tripling target requires comprehensive policy interventions, with the ambitious scenario increasing success probability from 0.0 % to 24.3 %. This model offers real-time tracking and policy evaluation of renewable energy progress and can be adapted to other technologies, supporting climate action efforts.

Suggested Citation

  • Ye, Wenxin & An, Kangxin & Zhang, Shihui & Zhen, Zihan & Cai, Wenjia & Wang, Can, 2026. "Probabilistic analysis of tripling global renewables based on Bayesian-inferred growth dynamics model," Renewable Energy, Elsevier, vol. 256(PG).
  • Handle: RePEc:eee:renene:v:256:y:2026:i:pg:s0960148125021603
    DOI: 10.1016/j.renene.2025.124496
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0960148125021603
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.renene.2025.124496?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    References listed on IDEAS

    as
    1. Harris, Tyler M. & Devkota, Jay P. & Khanna, Vikas & Eranki, Pragnya L. & Landis, Amy E., 2018. "Logistic growth curve modeling of US energy production and consumption," Renewable and Sustainable Energy Reviews, Elsevier, vol. 96(C), pages 46-57.
    2. Pyrgou, Andri & Kylili, Angeliki & Fokaides, Paris A., 2016. "The future of the Feed-in Tariff (FiT) scheme in Europe: The case of photovoltaics," Energy Policy, Elsevier, vol. 95(C), pages 94-102.
    3. Steve Bankes, 1993. "Exploratory Modeling for Policy Analysis," Operations Research, INFORMS, vol. 41(3), pages 435-449, June.
    4. Sinsel, Simon R. & Riemke, Rhea L. & Hoffmann, Volker H., 2020. "Challenges and solution technologies for the integration of variable renewable energy sources—a review," Renewable Energy, Elsevier, vol. 145(C), pages 2271-2285.
    5. Stram, Bruce N., 2016. "Key challenges to expanding renewable energy," Energy Policy, Elsevier, vol. 96(C), pages 728-734.
    6. Rao, K. Usha & Kishore, V.V.N., 2010. "A review of technology diffusion models with special reference to renewable energy technologies," Renewable and Sustainable Energy Reviews, Elsevier, vol. 14(3), pages 1070-1078, April.
    7. Thibault Briera & Julien Lefèvre, 2024. "Reducing the cost of capital through international climate finance to accelerate the renewable energy transition in developing countries," Post-Print hal-04824002, HAL.
    8. Petropoulos, Fotios & Apiletti, Daniele & Assimakopoulos, Vassilios & Babai, Mohamed Zied & Barrow, Devon K. & Ben Taieb, Souhaib & Bergmeir, Christoph & Bessa, Ricardo J. & Bijak, Jakub & Boylan, Joh, 2022. "Forecasting: theory and practice," International Journal of Forecasting, Elsevier, vol. 38(3), pages 705-871.
      • Fotios Petropoulos & Daniele Apiletti & Vassilios Assimakopoulos & Mohamed Zied Babai & Devon K. Barrow & Souhaib Ben Taieb & Christoph Bergmeir & Ricardo J. Bessa & Jakub Bijak & John E. Boylan & Jet, 2020. "Forecasting: theory and practice," Papers 2012.03854, arXiv.org, revised Jan 2022.
    9. Sanya Carley & David M. Konisky, 2020. "The justice and equity implications of the clean energy transition," Nature Energy, Nature, vol. 5(8), pages 569-577, August.
    10. Warren E. Walker & C. Els Daalen, 2013. "System Models for Policy Analysis," International Series in Operations Research & Management Science, in: Wil A. H. Thissen & Warren E. Walker (ed.), Public Policy Analysis, edition 127, chapter 0, pages 157-184, Springer.
    11. D. R. Giddings, 1991. "Handbook of Nonlinear Regression Models," Journal of the Royal Statistical Society Series C, Royal Statistical Society, vol. 40(1), pages 186-187, March.
    12. Cárdenas, Bruno & Swinfen-Styles, Lawrie & Rouse, James & Hoskin, Adam & Xu, Weiqing & Garvey, S.D., 2021. "Energy storage capacity vs. renewable penetration: A study for the UK," Renewable Energy, Elsevier, vol. 171(C), pages 849-867.
    13. Yu, Bolin & Fang, Debin & Xiao, Kun & Pan, Yuling, 2023. "Drivers of renewable energy penetration and its role in power sector's deep decarbonization towards carbon peak," Renewable and Sustainable Energy Reviews, Elsevier, vol. 178(C).
    14. Briera, Thibault & Lefèvre, Julien, 2024. "Reducing the cost of capital through international climate finance to accelerate the renewable energy transition in developing countries," Energy Policy, Elsevier, vol. 188(C).
    15. Hansen, J.P. & Narbel, P.A. & Aksnes, D.L., 2017. "Limits to growth in the renewable energy sector," Renewable and Sustainable Energy Reviews, Elsevier, vol. 70(C), pages 769-774.
    16. Moriarty, Patrick & Honnery, Damon, 2011. "Is there an optimum level for renewable energy?," Energy Policy, Elsevier, vol. 39(5), pages 2748-2753, May.
    17. S. Pye & O. Broad & C. Bataille & P. Brockway & H. E. Daly & R. Freeman & A. Gambhir & O. Geden & F. Rogan & S. Sanghvi & J. Tomei & I. Vorushylo & J. Watson, 2021. "Modelling net-zero emissions energy systems requires a change in approach," Climate Policy, Taylor & Francis Journals, vol. 21(2), pages 222-231, February.
    18. Madsen, Dorte Nørgaard & Hansen, Jan Petter, 2019. "Outlook of solar energy in Europe based on economic growth characteristics," Renewable and Sustainable Energy Reviews, Elsevier, vol. 114(C), pages 1-1.
    19. Nestor A. Sepulveda & Jesse D. Jenkins & Aurora Edington & Dharik S. Mallapragada & Richard K. Lester, 2021. "The design space for long-duration energy storage in decarbonized power systems," Nature Energy, Nature, vol. 6(5), pages 506-516, May.
    20. Carolin Mabel, M. & Fernandez, E., 2008. "Growth and future trends of wind energy in India," Renewable and Sustainable Energy Reviews, Elsevier, vol. 12(6), pages 1745-1757, August.
    21. Aleh Cherp & Vadim Vinichenko & Jale Tosun & Joel A. Gordon & Jessica Jewell, 2021. "National growth dynamics of wind and solar power compared to the growth required for global climate targets," Nature Energy, Nature, vol. 6(7), pages 742-754, July.
    22. Schilling, Melissa A. & Esmundo, Melissa, 2009. "Technology S-curves in renewable energy alternatives: Analysis and implications for industry and government," Energy Policy, Elsevier, vol. 37(5), pages 1767-1781, May.
    23. Lacal Arantegui, Roberto & Jäger-Waldau, Arnulf, 2018. "Photovoltaics and wind status in the European Union after the Paris Agreement," Renewable and Sustainable Energy Reviews, Elsevier, vol. 81(P2), pages 2460-2471.
    24. Martin Staadecker & Julia Szinai & Pedro A. Sánchez-Pérez & Sarah Kurtz & Patricia Hidalgo-Gonzalez, 2024. "The value of long-duration energy storage under various grid conditions in a zero-emissions future," Nature Communications, Nature, vol. 15(1), pages 1-15, December.
    25. Ftiti, Zied & Awijen, Haithem & Ben Ameur, Hachmi & Louhichi, Wael, 2025. "Understanding the drivers of energy capacity transitions: New evidence from a dual approach," Energy Economics, Elsevier, vol. 141(C).
    26. García-Álvarez, María Teresa & Cabeza-García, Laura & Soares, Isabel, 2018. "Assessment of energy policies to promote photovoltaic generation in the European Union," Energy, Elsevier, vol. 151(C), pages 864-874.
    27. Lowe, R.J. & Drummond, P., 2022. "Solar, wind and logistic substitution in global energy supply to 2050 – Barriers and implications," Renewable and Sustainable Energy Reviews, Elsevier, vol. 153(C).
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Adrian Odenweller & Falko Ueckerdt & Gregory F. Nemet & Miha Jensterle & Gunnar Luderer, 2022. "Probabilistic feasibility space of scaling up green hydrogen supply," Nature Energy, Nature, vol. 7(9), pages 854-865, September.
    2. Harris, Tyler M. & Devkota, Jay P. & Khanna, Vikas & Eranki, Pragnya L. & Landis, Amy E., 2018. "Logistic growth curve modeling of US energy production and consumption," Renewable and Sustainable Energy Reviews, Elsevier, vol. 96(C), pages 46-57.
    3. Odenweller, Adrian, 2022. "Climate mitigation under S-shaped energy technology diffusion: Leveraging synergies of optimisation and simulation models," Technological Forecasting and Social Change, Elsevier, vol. 178(C).
    4. Razvan Alexandru Rusu & Madalina Ana Burduja & Dorel Mihai Paraschiv, "undated". "Incentives for Large Asset Owners to Fund the Green Energy Transition in Developing Countries," BASIQ Conference Proceedings 2024:066, Bucharest University of Economic Studies.
    5. Roni Blushtein-Livnon & Tal Svoray & Itai Ficshhendler & Havatzelet Yahel & Emir Galilee & Michael Dorman, 2025. "Beyond Leaders and Laggards: A Typology of Renewable Energy Adoption Trajectories with Evidence from Off-Grid Communities," Papers 2505.22456, arXiv.org, revised Jul 2025.
    6. Toka, Agorasti & Iakovou, Eleftherios & Vlachos, Dimitrios & Tsolakis, Naoum & Grigoriadou, Anastasia-Loukia, 2014. "Managing the diffusion of biomass in the residential energy sector: An illustrative real-world case study," Applied Energy, Elsevier, vol. 129(C), pages 56-69.
    7. Cosgrove, Paul & Roulstone, Tony & Zachary, Stan, 2023. "Intermittency and periodicity in net-zero renewable energy systems with storage," Renewable Energy, Elsevier, vol. 212(C), pages 299-307.
    8. D’Adamo, Idiano & Falcone, Pasquale Marcello & Gastaldi, Massimo & Morone, Piergiuseppe, 2020. "The economic viability of photovoltaic systems in public buildings: Evidence from Italy," Energy, Elsevier, vol. 207(C).
    9. Benjamin Trouve, 2026. "Low-Carbon Hydrogen Deployment Under Trade Liberalization Policies," EconomiX Working Papers 2026-1, University of Paris Nanterre, EconomiX.
    10. Yann Robiou du Pont & Mark Dekker & Detlef van Vuuren & Michiel Schaeffer, 2025. "Effect of discontinuous fair-share emissions allocations immediately based on equity," Nature Communications, Nature, vol. 16(1), pages 1-13, December.
    11. Sasse, Jan-Philipp & Trutnevyte, Evelina, 2023. "Cost-effective options and regional interdependencies of reaching a low-carbon European electricity system in 2035," Energy, Elsevier, vol. 282(C).
    12. Xiuqin Wu & Jinsong Zhao & Jiao Tian, 2026. "Educational impacts of climate change: the role of climate finance in sustaining education in developing countries," Climatic Change, Springer, vol. 179(2), pages 1-22, February.
    13. Ozili, Peterson K, 2025. "In “Sustainability” We Trust?: The Need for a New Approach to Resource Preservation," MPRA Paper 125035, University Library of Munich, Germany.
    14. Harijan, Khanji & Uqaili, Mohammad A. & Memon, Mujeebuddin & Mirza, Umar K., 2011. "Forecasting the diffusion of wind power in Pakistan," Energy, Elsevier, vol. 36(10), pages 6068-6073.
    15. Lee, Chi-Chuan & Fang, Yuzhu, 2025. "Climate finance for energy security: An empirical analysis from a global perspective," Economic Analysis and Policy, Elsevier, vol. 85(C), pages 963-978.
    16. Arent, Douglas J. & Green, Peter & Abdullah, Zia & Barnes, Teresa & Bauer, Sage & Bernstein, Andrey & Berry, Derek & Berry, Joe & Burrell, Tony & Carpenter, Birdie & Cochran, Jaquelin & Cortright, Ran, 2022. "Challenges and opportunities in decarbonizing the U.S. energy system," Renewable and Sustainable Energy Reviews, Elsevier, vol. 169(C).
    17. Ifeanyi Michael Smarte Anekwe & Darlington Ashiegbu & Yusuf Makarfi Isa & Herman Potgieter, 2025. "Circular economy and energy transition: a review of South Africa’s 5-year just energy transition investment plan (JET-IP)," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 30(6), pages 1-46, August.
    18. Díaz-Pastor, Santos J. & Pérez-Arriaga, Ignacio J., 2025. "An integrated regulatory–financial proposal for universal electrification in Uganda beyond the Umeme concession," Energy Economics, Elsevier, vol. 152(C).
    19. Yuzhu Fang & Chi-Chuan Lee & Xinghao Li, 2025. "Financing a sustainable future: the effectiveness of climate finance across the primary, energy, and water sectors," Humanities and Social Sciences Communications, Palgrave Macmillan, vol. 12(1), pages 1-16, December.
    20. Chamarande, Théo & Mathy, Sandrine & Hingray, Benoit, 2025. "Designing policies to reduce the carbon footprint of mini-grids in Africa," Applied Energy, Elsevier, vol. 396(C).

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:renene:v:256:y:2026:i:pg:s0960148125021603. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.journals.elsevier.com/renewable-energy .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.