Energy Transition: Five Lessons for 2025

BloombergNEF predicts that the energy transition will continue to grow in 2025, despite increasing challenges and a perception of slowdown. Achieving the goals will require overcoming obstacles such as the integration of storage and expansion into emerging markets, avoiding misinterpretations of data. Sustainable success will depend on profitable investments supported by appropriate government policies to incentivize the adoption of clean technologies. Geo-economic competition emerges as a complicating factor, pushing countries to protect national industries, a choice that could increase the costs of the transition. Policymakers should balance security and innovation, collaborating to spread skills and promote a dynamic local industry.