Governments across the world face difficult choices in balancing energy security needs amid volatile fossil fuel prices and climate goals. But policymakers must be clear-eyed in their response packages and strategies: The speed of constructing new grid-scale renewable energy projects should be recognised and prioritised over investment in new fossil fuel infrastructure where possible. Wind energy is already set to displace fossil fuel generation in countries worldwide, offering affordable, scalable, zero-carbon power at huge capacity factors. This trend should be accelerated in the current crisis; any short-term energy security concerns must be carefully managed to avoid slowing down renewables expansion or creating stranded assets in the long-term. Government and financial actors should stick to their commitments to phase down coal and phase out subsidies for upstream/downstream fossil fuels, while rapidly scaling up clean power generation. Accelerating energy efficiency and energy conservation efforts in the near term can also ease the current energy crisis.