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The energy transition could be going faster:

"Global renewable power capacity is now expected to rise by 4,600 GW by 2030 - down from the six-year forecast of 5,500 GW in 2024

The downward revision is mainly due to an early phase-out of U.S. federal tax incentives and other regulatory changes - lowering the IEA's U.S. growth expectations by almost 50% - while China's shift from fixed tariffs to competitive auctions is squeezing project economics.

https://www.reuters.com/sustainability/climate-energy/iea-trims-renewables-outlook-us-policy-shifts-china-auction-reforms-weigh-2025-10-07/