Renewable Energy Gains Investment in the U.S.

In the United States, investments in renewable energy reached $2.2 trillion in 2024, exceeding investments in fossil fuels. Francesco Ferrante of Coordinamento FREE shared this data at the Ecofuturo Festival while presenting their “Green Book” on energy transition. The book analyzes Italy’s progress and needed actions to advance its energy transition.

The shift reflects economic benefits driving investment, strategy, and policy worldwide. Roughly 92% of energy investments now go to renewables, with 8% to gas and none to nuclear power. Coordinamento FREE compiled the “Green Book” through collective work and technical expertise from member associations.

The book monitors Italy’s energy transition, measuring progress toward goals set by the National Integrated Energy and Climate Plan for 2030. While the report identifies delays and challenges, it also aims to offer practical recommendations to policymakers. Further analysis will continue with annual updates to the book.