# Energy transition market reaches $3.17 trillion in 2026 as grid connection backlogs stall 1,650 GW of capacity

By MarketScale Newsroom · Published 2026-07-12 · Updated 2026-08-24 · Energy on MarketScale
Canonical: https://www.marketscale.com/industries/energy/energy-transition-market-reaches-317-trillion-in-2026-as-grid-connection-backlogs-stall-1650-gw-of-capacity

> The global energy transition market hits $3.17T in 2026, but 1,650 GW of renewable capacity sits in grid connection queues worldwide.

## Key points

- The energy transition market will be worth $3.17 trillion by 2026.
- 1,650 GW of renewable capacity is currently delayed in grid connection queues.
- Infrastructure and policy improvements are needed to support energy transitions.

The global energy transition market is valued at $3.17 trillion in 2026, and a P&S Intelligence forecast projects it will reach $5.99 trillion by 2032 at a compound annual growth rate of 11.1%. The size of that number signals that the market is well past the planning stage. Utilities, industrial operators, and independent power producers are executing simultaneously across solar, wind, battery storage, and hydrogen infrastructure.

## Sources

- [Energy Transition Market Size & Share Analysis (2026–2032)](https://www.psmarketresearch.com/market-analysis/energy-transition-market-report) (P&S Intelligence)

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