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Energy and the summits
Energy security moved to the top of the summit agenda after Russia's invasion of Ukraine in 2022, and it has stayed there. We follow how the G7 and G20 balance security of supply, affordability and the energy transition.
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Why it matters
Energy links almost every summit. The G7 and G20 deal with oil and gas supply, prices and security; COP deals with the transition; APEC energy ministers and the B20 focus on power demand, grids and investment.
In 2026 the agenda is shaped by rising electricity demand from data centers and electrification, supply disruptions, and the need to permit and build generation, transmission and storage faster. For companies, it comes down to reliable, affordable power and clear policy signals for long-term investment.
On the summit agenda
Security of supply
Since 2022, the G7 has coordinated sanctions, an oil price cap on Russian exports and new LNG supply routes for Europe. Diversifying supply and protecting critical infrastructure remain standing priorities for leaders and energy ministers.
Critical minerals
Lithium, cobalt, nickel, graphite and rare earths underpin batteries, grids and defense equipment, and their processing is concentrated in a few countries. G7 leaders adopted a Critical Minerals Action Plan at Kananaskis in 2025, and the G20 energy ministers took up the issue again in Houston in 2026.
Renewables, nuclear and the grid
COP28 set a goal to triple renewable capacity by 2030, and more than 20 countries backed a declaration to triple nuclear capacity by 2050. The constraint is often the grid itself: permitting, transmission and storage are where summit commitments meet project reality.
Energy access
Hundreds of millions of people still live without electricity, most of them in sub-Saharan Africa. Initiatives such as Mission 300, led by the World Bank and the African Development Bank to connect 300 million Africans by 2030, keep access on the G20 agenda alongside the transition.
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