Energy Without Borders: system-level thinking for a more investable transition
At a glance
Energy transition insights from UK and European industry leaders.
Energy leaders explore investment, infrastructure and system-led strategies for a more resilient energy transition.
Energy leaders, investors and developers joined GHD in London for a discussion on the practical challenges and opportunities shaping the energy transition across the UK and Europe.
Facilitated by Andy Kirchin, Technical Director in GHD’s Energy Advisory team, the evening brought together perspectives from GHD’s Commercial Advisory leadership and BloombergNEF to examine how energy infrastructure can be planned, financed and delivered in a system that is becoming more interconnected, more exposed to geopolitical risk and more dependent on coordinated investment.
Framing the session, Tom Foley, GHD’s Executive Director for Future Energy, argued that the energy transition is no longer simply a question of building more assets. While renewables, storage, networks and infrastructure are all needed, the deeper challenge is how those assets work together.
He described the defining tension of the decade as the fact that energy systems are becoming more integrated and interdependent, even as the world around them becomes more fragmented and constrained. The organisations that succeed, he said, will not be those that eliminate dependency, but those who embrace it across fuel types, technologies, supply chains and digital systems.
Setting out the market context was Adi Bhashyam, Head of European Research at BloombergNEF. Remarking on the continued growth in global energy transition investment, rising demand from electrification and AI, and the shifting balance between molecules and electrons.
He described the defining tension of the decade as the fact that energy systems are becoming more integrated and interdependent, even as the world around them becomes more fragmented and constrained. The organisations that succeed, he said, will not be those that eliminate dependency, but those who embrace it across fuel types, technologies, supply chains and digital systems.
Setting out the market context was Adi Bhashyam, Head of European Research at BloombergNEF. Remarking on the continued growth in global energy transition investment, rising demand from electrification and AI, and the shifting balance between molecules and electrons.
Bhashyam’s analysis pointed to a future in which clean power, grids, flexibility and electrification do more of the heavy lifting, while gas, CCS and hydrogen continue to play important but more targeted roles.
Exploring what this means across investment, sustainability, technical assurance, and delivery, the panel outlined their takes on BloombergNEF's findings across their respective fields.
Tom Evans, GHD’s Energy Transition Investment and Transaction Advisor, said there is no shortage of private capital available for the transition. The challenge is to create bankable projects with the right risk profile, policy certainty, commercial logic, and delivery confidence.
Exploring what this means across investment, sustainability, technical assurance, and delivery, the panel outlined their takes on BloombergNEF's findings across their respective fields.
Tom Evans, GHD’s Energy Transition Investment and Transaction Advisor, said there is no shortage of private capital available for the transition. The challenge is to create bankable projects with the right risk profile, policy certainty, commercial logic, and delivery confidence.