Annual Report 2024 2025

The centre seeks to accelerate the transition to a secure, sustainable and equitable energy system that enables positive economic and social development. It achieves this by convening leaders from companies and countries to create insights, co-develop solutions and collaborate to advance energy and material transitions. It has five priorities and advances them through initiatives, its communities, events and insights. It offers energy and industry transition intelligence about the evolution of energy and industrial systems to better inform energy transition efforts. The centre helps accelerate power system transformation and the deployment of clean power to support electrification and the growing electricity demand. It similarly seeks to accelerate industrial ecosystem transformation, driving the transformation of industrial clusters to enable the reduction of energy and carbon intensity while also creating jobs and economic growth. It generates insights into the resources needed for the energy transition, and it addresses critical enabling factors for the transition, such as financing clean energy in emerging markets, harnessing AI for the transition, deploying clean fuels and transitioning coal to clean energy. These priorities formed the basis of several achievements during the reporting period. The Fostering Effective Energy Transition 2025 report, based on 15 years of benchmarking countries’ energy systems, remains a vital tool for assessing progress, identifying gaps and guiding stakeholders towards more secure, sustainable and inclusive energy systems. Its Transitioning Industrial Clusters initiative expanded, welcoming 12 new clusters from Australia, Brazil, Colombia, India, the Netherlands, Saudi Arabia, Sweden and the UK. The initiative works with 35 clusters in 16 countries to reduce emissions and drive economic growth. Research from the Unleashing the Full Potential of Industrial Clusters: Infrastructure Solutions for Clean Energies report highlighted the critical role clusters play in scaling clean energy infrastructure.The centre’s Scaling Financing for Coal Phase-out in Emerging Economies report revealed how to scale up financing solutions for coal retirement in emerging markets and developing economies. The Net-Zero Industry Tracker 2024 provided progress analysis for eight hard-to-abate industrial and transport sectors. Five Principles for Responsible Deployment of Renewables Infrastructure were developed by public-private leaders. They are designed to guide stakeholders in ensuring that renewable energy projects benefit both people and the planet. The Network to Mobilize Clean Energy Investment in EMDEs – a coalition of CEOs and governmental ministers – unveiled its Playbook of Solutions during the 2024 G20 and Clean Energy Ministerial Meetings, sharing best practices from 45 emerging and developing economies to increase clean energy investment. The Clean Power, Grids and Electrification programme released A Collaborative Framework for Accelerating Advanced Nuclear and Small Modular Reactor Deployment, aligning nuclear sector stakeholders around actions to advance small modular reactor (SMR) deployment. The centre also expanded its regional collaborations, working closely with five Centres for the Fourth Industrial Revolution in Azerbaijan, Malaysia, Oman, Saudi Arabia and South Africa. It convened two Energy Transition Meetings in May and June 2025 in the ASEAN region and Brazil, bringing together over 350 public- and private-sector leaders to advance regional transition efforts and strengthen global collaboration. It also launched the Securing Minerals for the Energy Transition: Unlocking the Value Chain through Policy, Investment and Innovation report, which identified barriers to investment and innovation to unlock the critical materials supply. Centre for Energy and Materials Our mission is to accelerate a secure, equitable and sustainable energy transition by translating insights into collaborative action – across countries, industries and supply chains. Roberto Bocca, Head, Centre for Energy and Materials Annual Report 2024-2025 Our Organization28