Power
An ever-increasing consideration for our clients.
This content has been extracted from our SHOCKED report. Read the full version here.
Energy security is a critical concern as we advance through the energy transition, with greater potential for shocks arising from global market dynamics and geopolitical factors. To address these challenges, diversifying energy sources, fostering regional interconnectivity and developing and deploying large-scale, low-cost energy storage will be paramount.
Collaboration among nations and a focus on shared goals will also be essential to maintain stability and boost resilience in the face of energy security threats. By adopting a forward-looking strategy that prioritises sustainable and diverse energy portfolios, we can navigate potential shocks and forge a path towards a secure, decarbonised and resilient energy future for all.
Societal acceptance and pressure play a crucial role in shaping the trajectory of the energy transition. As awareness around the urgent need for climate action grows, public opinion is increasingly influencing policy decisions and corporate strategies. To harness this momentum and foster societal buy-in, transparent communication, stakeholder engagement and inclusive decision-making processes are vital.
Addressing local concerns, demonstrating the benefits of renewable energy and providing equitable access to clean technologies can help cultivate a shared sense of responsibility and commitment to the energy transition. Ultimately, embracing societal acceptance and leveraging societal pressure will help catalyse the transformation towards a decarbonised, sustainable and just energy future for all.
As we work towards a low-carbon future, the impacts of climate change and the potential for climate shocks underscore the urgency of accelerating the transition. Increasingly frequent and severe weather events, such as heatwaves, storms and flooding, threaten the reliability and resilience of energy systems.
To address these challenges, it is essential to invest in climate-resilient infrastructure, adopt innovative technologies and prioritise energy efficiency. Integrating climate adaptation and mitigation strategies into policy frameworks will also help safeguard the energy transition from the detrimental impacts of climate change.
An ever-increasing consideration for our clients.
Delivering environmental and social welfare.
Facilitating evidence-based investment decisions.