Investments across the energy value chain are crucial for sustaining resilience and driving innovation. However, each part of the system is exposed to specific climate risks, requiring targeted adaptation technologies to ensure resilience of the whole system: –Upstream input providers supply materials such as copper, lithium, oil, gas and biofuels. Climate risks (e.g. droughts, floods, water scarcity) disrupt mining, fossil fuel extraction and biofuel production, threatening essential resources for energy systems. –Energy producers convert inputs into electricity, heat, fuels and industrial by-products such as steam. Climate impacts (e.g. extreme heat, droughts, floods) reduce renewable energy output and damage refineries, nuclear plants and bioenergy facilities. –Distributors and storage systems, including pipelines, fuel transport, the electric grid and batteries are vulnerable to climate risks (e.g. flooding, freezing, extreme heat, storms). This can damage infrastructure, disrupt energy delivery and reduce the efficiency of energy storage systems. –Consumers, such as households, businesses and critical services, are directly impacted by power outages and supply disruptions. These interruptions lead to heating and cooling failures, production halts and strain on essential services like healthcare, endangering both lives and livelihoods. As climate-related disruptions become more frequent and severe, the transformation of energy systems becomes more urgent. While energy companies’ adoption of advanced technologies is inconsistent, successful applications are increasingly bridging the technology gaps. Four key technology-driven use cases are enabling energy systems to adapt and thrive under increasing climate pressures: climate impact modelling, real-time energy management, energy emergency response and energy early warning systems (see Figure 9). By highlighting the need to share relevant data and technologies across stakeholders, these use cases clearly demonstrate that collaboration is vital for scaling adaptation. Climate Adaptation: Unlocking Value Chains with the Power of Technology 19

Climate Adaptation Unlocking Value Chains with the Power of Technology 2025