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World · Friday, September 11, 2026 · 6 sources

BRICS energy ministers launch smart grid cooperation amid fossil fuel expansion

At the 11th BRICS Energy Ministers' Meeting in Gurugram, India, the bloc launched a Digital Centre of Excellence for Smart Grids and Energy Storage and adopted guiding principles on the topic. The move comes as a report from the Observer Research Foundation (ORF) notes that 2025 saw the largest net annual increase in fossil fuel capacity across the grouping, at 115 GW, even as renewable records were broken.

Bottom line — ORF warns BRICS added a record 115 GW of fossil capacity in 2025, 11% above the previous peak.

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  • The 11th BRICS Energy Ministers' Meeting on 25 June 2026 adopted a Joint Communiqué affirming energy security as a cornerstone of cooperation, per the Indian Ministry of Power.
  • The bloc launched the BRICS Digital Centre of Excellence for Smart Grids and Energy Storage, a voluntary platform for knowledge sharing and pilot initiatives, according to CGTN.
  • ORF analyst Parul Bakshi reports that BRICS members (excluding Saudi Arabia) commissioned 115 GW of new fossil fuel capacity in 2025, the largest net annual increase on record, with eight of ten members adding new capacity.
  • The grouping now accounts for roughly 40% of global crude production, 38% of petroleum imports, and nearly 50% of global energy consumption, ORF notes, citing Global Energy Monitor data.
  • The BRICS Energy Cooperation Roadmap 2025–2030 sets targets for 2027 on energy storage and smart grid coordination, according to the official roadmap document published by the BRICS Committee of Senior Energy Officials.
  • The New Development Bank (NDB) has approved €37.5 billion ($40 billion) in total financing since inception, but energy lending ranks third at €2.7 billion ($2.9 billion), behind transport and multisectoral projects, ORF reports.

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Last generated: Sep 11, 9:51 AM UTC by wreetco wreetco

dstld. Your daily news summary designed to surface the news that matters from a European perspective. Curated by humans, summarized by AI - always with links back to the original reporting.

Links · Contact
Popular topics · WorldEuropeGamesAI
Last generated: Sep 11, 9:51 AM UTC by wreetco wreetco