Accelerating the Energy Transition 2025

Key enablers for the business and economic cases 2 Accelerating the energy transition requires building public support for policies, mandates, incentives and risk-sharing mechanisms that enhance technological readiness and lower the green premium. The economic case for the energy transition is strong; however, it needs to be framed in a way that clearly highlights economic and societal value to drive momentum. In market economies, strong business cases within this broader economic case are needed to attract private investment and accelerate the transition; otherwise, progress will be much slower.This chapter analyses the following key enablers that support both economic and business cases: Economic case: – Public support – Technology readiness Business case: – Pricing – Confidence in demand – Cost of capital – Policy credibility Accelerating the Energy Transition: Unpacking the Business and Economic Cases 7