Crunching the numbers: Unpacking the true cost of the energy transition

The energy transition carries a significant price tag, but estimates of its true cost are widely disputed, not simply due to widely differing assumptions regarding technology and market development, but also due to varying views on fossil fuels, policy support and economic trade-offs. Institutions, like the IEA, stress the need for a significant boost in clean energy investment, while others warn transition costs are often underestimated, raising concerns about affordability, infrastructure r... Read More

Opening Ceremony

Ministerial Panel: Balancing energy security, affordability and accessibility in tandem with decarbonisation in volatile global markets

As the global energy landscape continues to evolve, governments face the complex challenge of resolving the energy trilemma amidst geopolitical volatility. Although energy markets became more stable in 2024, the underlying weaknesses revealed during the energy crisis persist. Building resilience against future shocks whi... Read More

Creating robust policy frameworks that stimulate off-taker demand and unlock low-emission hydrogen markets

The COP29 Hydrogen Declaration highlights the need for countries to work together to increase production and the deployment of renewable, zero-emission, and low carbon hydrogen, as well as to accelerate the decarbonisation of hydrogen production from unabated fossil fuels.

Supportive national and regional policies can create market conditions that encourage standardised hydrogen trading and promote the development of a hydrogen economy. Over 30 countries are preparing strat... Read More

Fostering enhanced cross-border trade and cooperation to deliver a secure energy future

Achieving a secure and sustainable energy future demands unprecedented international collaboration. Cross-border energy, and future carbon trade are key to speeding up the energy transition, optimising resource use, and strengthening global energy security. However, challenges remain. Regulatory inconsistencies, infrastructure limitations, and geopolitical tensions create hurdles. Varying regulations and outdated infrastructure often block the seamless integration of energy systems. Meanwhile... Read More

Building and investing in future ready resilient power grids to meet sharp demand spikes

Ensuring grid security and resilience is crucial to meet the demand of future power markets. This is notably needed to meet the additional pressure on infrastructure resulting from the boom in AI technologies development and increased renewable capacity on the grid. To achieve this transformation, modernisation of grid infrastructure will be essential, along with enhanced energy storage solutions, and the implementation of AI-powered smart grid technologies. Government policies that support r... Read More

Powering growth and prosperity in high potential economies through widened access to affordable, reliable and flexible energy

Access to reliable energy is critical for economic growth, human development, and climate resilience, yet 1.8 billion people worldwide remain without it, according to the UNDP. This energy inequality is most acute in the global south, where communities face disproportionate vulnerability to climate change. The World Economic Forum estimates that delivering an equitable energy transition, which nurtures clean technology manufacturing in the global south and drives essential development, will r... Read More

Financing for an orderly transition: Channelling investments to support a future enabled energy system

Access to financing continues to be a challenge for energy projects, especially in emerging markets. Although clean energy investment is increasing, the Global South encounters considerable obstacles in securing capital for low carbon infrastructure. Development finance institutions are involved, but attracting private investment is more difficult without clear risk mitigation strategies and stable energy policies. 

Conversely, the financing outlook for natural gas and L... Read More

Reimagining energy portfolios to balance security, costs and energy transformation

According to the IEA, 70 countries are due to reach or surpass renewable capacity targets by 2030 signalling a boom for the sector in the second half of the decade. Despite this trajectory and the flexibility of and low carbon credentials of LNG, coal remains stubbornly entrenched in the energy mix particularly across the global south where it accounts for 80% of total global demand, driven by price volatility and energy security concerns. Nations must navigate the delicate balance between af... Read More

Diversifying the energy mix with the adoption of LNG and natural gas to support a low carbon energy future

The economic impact of the energy crisis triggered by Russia’s invasion of Ukraine on the European Union was estimated to be 2% GDP in 2022. Globally, energy suppliers still consider mitigating the risk of such market shocks a key priority. To meet growing power demand successfully, energy systems must be designed to provide a mix of feedstocks to ensure continuity of affordable, flexible, and decarbonised energy supply to consumers. By leveraging a range of geo-appropriate renewable energy s... Read More

Fuelling an equitable transition: Actions for an inclusive energy future

Mobilising the US $1.2tn needed to lift an estimated 1.8bn people out of energy poverty requires targeted policies and investments that balance decarbonisation goals with the need to provide reliable energy access to underserved populations and fuel sustainable development. Achieving an equitable energy transition demands a commitment to addressing the needs of diverse populations and economies, ensuring no one is left behind in the shift toward sustainable energy systems. Despite progress in... Read More

The resurgence of nuclear power in meeting AI-driven energy demand spikes

Nuclear power, now the second-largest source of low carbon electricity worldwide, is experiencing a resurgence, with 29 GW of new nuclear capacity expected to come online by 2026. At COP28, 31 countries signed the Declaration to Triple Nuclear Energy, further solidifying nuclear’s role in the future energy mix. A key driver of this resurgence is the rapid growth in demand for energy-intensive data centres. According to Forbes, these data centres and their associated transmission networks... Read More

Bridging the talent gap to build the future global energy ecosystem’s workforce

The energy industry is facing a global talent shortage: in the USA alone, it is estimated 400,000 industry employees will retire within the next 10 years, according to McKinsey. This would not only impact industry operations but also detract from important decarbonisation goals.

As the industry progresses towards global net zero goals, even more talent is required to innovate and drive progress. According to BCG, the skills gap in the global green energy industry will rise to... Read More

Decarbonising supply chains: The role of sustainable procurement in advancing energy transformation

The decarbonisation of supply chains is critical to accelerate global energy transformation. Sustainable procurement in particular will play an important role in identifying suppliers committed to low carbon practices, environmental responsibility and transparent reporting to further drive clean energy across business value chains. 

However, reducing emissions in modern supply chains is becoming progressively complex, requiring responsible sourcing, operational efficienc... Read More

Preparing for the unexpected: Strategies for enhancing supply chain agility

Enhancing the agility and resilience of supply chains requires a multifaceted approach and is critical for long-term business success. Proactive strategies such as supplier diversification, robust risk management, and operational flexibility must be seamlessly integrated with digital innovations — including AI-driven forecasting and real-time monitoring — to improve visibility and responsiveness in an increasingly volatile landscape. As market conditions continue to fluctuate, how can bu... Read More

Striking the balance between globalisation and localisation in supply chain management

Globalisation has long driven efficiency and scale of operations in supply chain management. However, as geopolitical tensions, tariffs, natural disasters and shifting consumer demands continue to reshape the global economy, businesses are reassessing their traditional procurement models. 

Localisation—through nearshoring and regional sourcing—is emerging as a strategic approach to mitigate risks, reduce costs, and strengthen connections between regional suppliers and ma... Read More

Strategies to mitigate the impact of unprecedented tariffs on global supply chains

The emergence of formidable trade tariffs is playing an increasingly disruptive role across global supply chains. With businesses facing various bottlenecks such as higher costs and increased complexity in sourcing and manufacturing processes, it is critical to rethink traditional supply chain strategies to ensure organisational adaptability and resiliency to mitigate cost impacts and minimise disruptions. 

A proactive and multilayered strategy of building and strengthen... Read More

Bridging the green talent and digitalisation gap to prepare a new, skilled workforce for tomorrow

New technologies and innovation will be critical for the energy industry to meet mid-century climate goals, requiring a skilled workforce to scale the commercialisation of technologies to enable a lower-carbon future in the near term. 

McKinsey predicts that current employment trends will lead to a 101.5% supply and demand gap in green talent by 2050. However, the talent pools from which the energy industry has traditionally drawn skilled employees are shrinking. 

 ... Read More

The role of AI in disrupting the future energy workforce

Artificial intelligence (AI) has unlimited transformative potential. Per McKinsey, 92% of all companies plan to increase their investments into AI over the next three years. The prospect of adopting AI in the energy industry is accompanied by mixed feelings, with perceived challenges and fears around employment options and role replacement. As technologies become more adept, will AI fill the existing talent gap, and result in fewer jobs being available to new workers? 

Attracting the leaders of tomorrow, today

The energy industry offers a wide variety of career opportunities, as new technologies and innovations evolve, making it both an attraction and a challenge for young people entering the industry. Per the IEA, the energy industry added 2.5 million jobs worldwide in 2023, comfortably outpacing the wider global economy. There are opportunities abound in this industry for innovative thinkers and skilled workers looking to embark on a career in energy.

Hear from young leaders abou... Read More

Nurturing the workforce of tomorrow through upskilling and retention strategies

The talent crisis currently affecting the energy industry is not lessening: McKinsey’s findings show that, since 2016, 42% of all employees who left their energy company roles in fact left the industry altogether. With such ambitious mid-century goals ahead of us in order to maintain 1.5°C, the industry cannot afford to keep losing innovative thinkers and workers.

A recent ‘Global Green Skills’ report found that 61% of Gen Z say that they want to be employed in a ‘green job’ ... Read More

Gastech 2025 Wrap Up

A look back over the last four days, highlighting the unparalleled blend of pioneering content, thought leadership and cutting edge innovation. Pulling the key points from both the Strategic Conference and Technical & Commercial Conference, the Co-Chairs of the Governing Body will summarise how Gastech 2025 will lead to actions for global energy transformation.

The new geopolitics of energy: Balancing the advancement of decarbonisation goals with energy security and affordability priorities

The global energy landscape is shifting as nations strive to balance ambitious decarbonisation targets with the realities of energy security. Protectionist policies, tariffs, and shifting industrial strategies are reshaping supply chains, raising concerns about market access and investment flows. While initiatives like the US Inflation Reduction Act have driven clean energy growth, there is now a strategic shift away from certain incentives, prompting a global reassessment of policy approache... Read More

Energy access: Unlocking clean energy projects to drive development across the global south

Expanding energy access is essential to unlocking economic growth and enhancing quality of life throughout the Global South. However, challenges such as financing constraints, infrastructure deficits, and regulatory obstacles continue to impede progress. While renewable energy is vital for long-term sustainability, natural gas plays a significant role as a transition fuel, ensuring energy security and supporting industrial development. For Africa, harnessing its abundant natural resources wil... Read More

Ministerial Energy Talk: Policy frameworks for turbocharging the transition through the responsible and impactful deployment of artificial intelligence across the energy industry

Artificial intelligence is transforming industries worldwide, offering a revolutionary potential to enhance efficiency, productivity, and innovation. In the energy sector, AI can be a game-changer, accelerating the transition to secure and decarbonised systems. However, its rapid evolution presents significant challenges. Concerns include resource disparities, the uneven global distribution of AI capabilities, and the risks of misinformation, political interference, and job displacement. The ... Read More

Competition and cooperation: Strategies for revitalising Europe’s economy

Mario Draghi’s landmark 2024 report on Europe’s competitiveness presented a stark picture: manufacturers being squeezed by rising energy costs, patchy national implementation of EU wide directives, and a lack of coherent strategy stifling growth. While North America and Asia surge ahead, Europe risks falling further behind unless decisive action is taken. The report’s recommendations call for bold steps, including stimulating investment in emerging digital industries, aligning innovation with... Read More

Overcoming barriers to the creation of a global commercial market for biomethane

As the world transitions towards a low carbon future, biomethane is emerging as a vital solution for reducing carbon emissions in industries, transport, and energy systems. The European Union aims to have 30% renewable gases in the grid by 2030 with further expansion planned by 2050. Although market development has stalled due to low gas prices in Europe, a lack of standardisation and weak appetite from off-takers policy makers still see the biomethane opportunity to turn waste into energy us... Read More

Synchronising policy, technology and partnerships to establish robust hydrogen value chains

In an era where energy security and sustainability are paramount, hydrogen offers a transformative solution for cutting carbon emissions in sectors that can’t be electrified using renewable power sources. In this Energy Talk, leaders at the vanguard of the development of the hydrogen industry will discuss how cross-border collaboration between governments, industry stakeholders, and infrastructure providers can speed up the development of hydrogen clusters. By concentrating production, distri... Read More

The power of carbon markets in driving energy industry transformation

Since the launch of the EU’s Emission Trading System (ETS) in 2005 to curb emissions through the trading of carbon credit trading, global carbon markets have developed, driven by the 2015 Paris Agreement and culminating in China’s national carbon market launch in 2021. As carbon markets gain momentum, they are becoming increasingly central to the global energy transformation, reshaping investment strategies, driving innovation, and creating new opportunities in the energy landscape. However, ... Read More