Facing rising demand and a drive towards decarbonisation, the global energy industry is in a state of transition. As energy specialists, Ashurst is the ideal strategic partner to support industry participants in navigating this shifting landscape.
Delving into the current state of the market, pace of change and areas of future opportunity, we are delighted to publish Powering Change: Energy in Transition.
Through our quantitative research, which polled the views of more than 2,000 senior business leaders from across the G20, our respondents reported immense change: rapid and increasing shifts in their investment patterns, moving away from conventional energy generation towards renewable energy and decarbonisation technologies.
There are huge opportunities for organisations to invest in emerging regions and markets. While some technologies and geographies are notably more mature than others, many more present significant room for growth – and to those who can seize the opportunity for revolutionary transformations in energy generation and conservation, there are greater opportunities still.
A global industry in motion
Key insights of the report include:
- Current and anticipated investment activity, both for renewable power generation sources (e.g. solar, wind) and decarbonisation technologies (e.g. battery storage, electrification of transport, CCUS)
- Regional insights for Asia, Australia, Europe (inc UK), Latin America, MENA, North America and Sub-Saharan Africa
- The types of institutions which are currently investing in the energy transition, and expect to invest in the next five years
- Perceived growth drivers and barriers, as well as stakeholder pressure to change their investment activity
- Perceptions of countries' and organisations' preparedness to develop, adopt or invest in the energy transition
Findings overview
As the energy transition takes place, with increasing emphasis on cleaner and renewable technology, energy sourcing and usage is under more scrutiny than ever before. ANTONY SKINNER, HEAD OF POWER & UTILITIES, EMEA/US
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