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      "text": "As the transition progresses, the risk of reliability challenges increases as the retirement of old assets and demand growth potentially outpace the build-out of new generation. This could see the world face a huge capacity shortfall — making our energy supply less reliable and shaking confidence in the energy transition. Supply chain problems and permitting delays are slowing down construction and installation of new assets. Around the world, renewable energy infrastructure developers are being told they must wait anywhere from between a couple of years (in the US) to up to 15 years (in the UK) before they can plug into the grid. The problem is known as the \"interconnection queue,\" and it could be a major bottleneck in the energy transition. In the US, at least 1,350GW of wind and solar capacity and 680GW of storage is waiting to be connected - enough to double the country's electricity supply. In the UK, about one-quarter of connection applications approved in 2022 have been offered connection dates of 2030 or beyond, according to regulator Ofgem. Similar problems are seen in Spain and Italy.",
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