Energy Transition

Renewable Energy

Increasing the amount of renewable energy generation capacity globally is fundamental to the energy transition. Scaling up across the world is particularly important to increase share even as demand increases from the electrification of the transport, heat and industrial sectors of the future.

Energy Tech

Growing the share of renewable power calls for increasingly flexible power systems to accommodate the largest possible share of variable and intermittent energy supply. Balancing demand, supply and stored resources in addition to enabling innovative pricing models requires the latest in digital technology.

Hydrogen and Carbon Capture

To decarbonise highly energy intensive industries and transport types new solutions will be required, and hydrogen and carbon capture are likely to play a significant role. The extent to which these technologies can work reliably and cost-effectively at scale will require new business models and supply chains globally.

Buildings

The effective management of energy within buildings, both residential and commercial, has a significant impact on energy consumption. Increasingly, buildings are becoming more energy efficient by design, are integrating clean energy generation and are using district heating and cooling, as well as direct PPAs, to lower their carbon footprint.

Transport

The increased adoption of electric vehicles continues at pace but the demand that large numbers of vehicles will put on the grid could cause problems whilst also providing solutions. Longer distance transport, such as aviation and shipping, will require further technological advancements, such as in battery density and the use of biofuels and hydrogen as a fuel, to become net-zero.

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