During this session, several scenarios were presented for how the energy transition may unfold in the next 10 years, including options that prioritise wealth, health and security. The panellists agreed that a transition to a low-carbon, renewables-based energy sector is inevitable, however it is unclear how quickly this transition will be made. Across the globe there is wide support for a green recovery from COVID-19 with investors injecting capital into the renewables sector and major global economies setting carbon-neutral or zero-carbon targets. Yet challenges remain around the costs of technology and further innovation is needed for renewables to adequately meet future energy demands.
A special thank you to our speakers for sharing their fascinating insights: