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Can Cheap Batteries Deliver COP31’s 35% Electrification Goal?

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Can Cheap Batteries Deliver COP31’s 35% Electrification Goal? | Gold market brief illustration

Electrification will be the major focus of the upcoming COP31 United Nations climate conference, to be held in Antalya, Türkiye, from November 9 to 20, 2026. The host country will invite the attending nations to sign onto a voluntary pledge to reach 35 percent electrification on a global level by 2035. Just a year ago, this target may have seemed overly ambitious, but now, experts say that a number of factors, including volatile oil and gas markets stemming from the war in Iran, paired with enormous advances in clean energy technologies, have…

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