Future of Energy
The free market will increasingly propel demand for renewables, with wind and solar expected to make up the largest global proportion. The demand for low carbon emission technologies and Power supply-demand gap will drive the economies toward decentralized solutions. Digital transformation and smart technology will enable energy infrastructure to be more flexible, intelligent, connected & responsive energy systems.
35% of all energy produced is expected to be from decentralized sources by 2030
Solar and Wind energy is expected to achieve around 25% of the global installed base by 2030
Post 2025, gas-fired investment is forecast to increase across most country markets, as gas plants are preferred to new coal-fired power stations.