Accelerating the Energy Transition 2025

Contributors Acknowledgements The World Economic Forum acknowledges and thanks the following experts, without whose guidance this paper would not have been possible. However, the paper does not necessarily reflect the views of these companies and individuals. Expert advice is purely consultative in nature and does not imply any association with the takeaways or conclusions. Lucy Craig Director of Growth, Innovation and Digitalization, DNV Shant Deyirmenjian Manager, Strategy & Consulting, Energy, Accenture Rigoberto Ariel-Yepez Garcia Economics Principal Advisor, Vice Presidency of Sectors and Knowledge, Inter-American Development Bank Al-Karim Govindji Head, Public Affairs and Policy, DNV Cate Hight Partner, Bain & CompanyBertrand Magne Senior Economist, European Investment Bank David Rabley Managing Director and Global Energy Transition Lead, Energy, Accenture John Scott Head, Sustainability Risk, Zurich Insurance Group David G. Victor Professor, Innovation and Public Policy, School of Global Policy and Strategy, University of California San Diego Production Albert Badia Costa Designer Jonathan Walter EditorLead author Sarah Moin Lead, Energy and Materials Transition Financing Project team Roberto Bocca Head, Centre for Energy and Materials; Member of the Executive Committee Espen Mehlum Head, Energy Transition Intelligence and Regional Acceleration Nicholas Wagner Manager, Energy and Industry Transition IntelligenceAdvisers Rebecca Birtles Project Fellow, Advanced Energy Solutions Industry Deep Dive Manuela Stefania Fulga Lead, Sustainable Finance Maciej Kolaczkowski Manager, Advanced Energy Solutions Industry Kristen Panerali Head, Clean Power and Electrification Thapelo Tladi Lead, Energy Initiatives Xabier Mugarza Zorriqueta Project Fellow, Clean Power and ElectrificationWorld Economic Forum Accelerating the Energy Transition: Unpacking the Business and Economic Cases 15