What will the energy landscape look like in the year ahead on the road to decarbonisation and the looming 2030 net zero targets?
The energy industry is in the midst of a transformative shift, with a move away from fossil fuels and the coming online of renewable technologies.
According to the International Energy Agency (IEA), 2025 will see renewables surpass coal to become the largest source of electricity generation. It also predicts that the next five years will see almost 3,700GW of new renewable capacity come online.
But with the energy transition accelerating at an unprecedented pace, it brings challenges along with it including skills shortages and access to the energy grid.
2025 will also see the UK government publish its much anticipated Industrial Strategy in the spring. This will outline the government’s 10-year plan “to deliver the certainty and stability businesses need to invest in the high growth sectors that will drive our growth mission”.
The Industrial Strategy will focus...