The first truly global energy crisis was exacerbated by Russia’s invasion of Ukraine. Despite our obvious dependence on fossil fuels, increasingly large investments continue to be made in renewables. International experts from the sector used the “Outlook 2023: Clean Energy Forum” to explain how this transition economy will unfold and to identify the obstacles which lie ahead.
The new technologies involved with digitalisation allow for improving the efficiency and managing the complexity of the energy system, all the way from infrastructure planning, operation and maintenance, through energy generation and transmission, to energy consumption.
With consumer choices increasingly focused on the environment and sustainability, the companies which will survive and thrive going forward are those which manage to grow and differentiate themselves in line with the fundamental environmental, social and governance principles, called the ESG index.