CTC Global Joins UNEZA to Advance Net-Zero Grid Development

UNIZA logo CTC Global company news

CTC Global has officially become the newest member of UNEZA – Utilities for Net Zero Alliance, which now comprises 53 leading utilities, technology providers, and developers worldwide.

UNEZA was established at COP28 under the joint chairmanship of TAQA Group CEO and SSE to unite global power companies in driving the transition to net-zero energy systems. The alliance is dedicated to developing renewable-ready grids, promoting clean energy solutions, and advancing electrification efforts. UNEZA operates under the guidance of the International Renewable Energy Agency (IRENA) and the UN Climate Change High-Level Champions, ensuring a strategic and results-driven approach to sustainable energy development.

UNEZA’s Global Commitment to Grid and Storage Expansion

At COP29 in Baku (November 2024), UNEZA introduced the Global Storage & Grids Pledge, a groundbreaking initiative to accelerate grid modernization and energy storage capacity worldwide. This commitment serves as a medium-term demand signal to Original Equipment Manufacturers (OEMs), encouraging increased production capacity to support large-scale grid development.

As part of this pledge, UNEZA members have collectively committed to investing over $116 billion annually, including more than $56 billion specifically for grid infrastructure in the coming years. The alliance has also endorsed the global commitment made at COP29 to:

  • Increase power system storage capacity sixfold by 2030.
  • Expand or refurbish 80 million circuit kilometers of grids by 2040.

This pledge, supported by multiple governments, civil society organizations, and industry leaders, aligns with global efforts to triple renewable energy capacity by 2030 and accelerate the transition to a net-zero energy system.

CTC Global’s Role in UNEZA

CTC Global is excited to collaborate with UNEZA’s members to enhance awareness and adoption of ACCC® Conductor – a critical solution for improving grid functionality worldwide. Through this partnership, CTC Global aims to play a key role in strengthening grid resilience and efficiency, supporting the global energy transition in the years ahead.

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