We are in the midst of a substantive transition to clean energy and a more efficient use of energy. A variety of international initiatives – the European Energy Strategy 2030, the Africa Renewable Energy Initiative and Sustainable Energy for All to name but a few – are setting the course for an efficient and sustainable future of energy. Creating an efficient energy infrastructure as well as guaranteeing energy security while fostering renewable alternatives are key to a successful energy transition. While energy generation remains a cornerstone of a green transition, the efficient use and storage of power and heat are gaining importance for the energy transition. These challenges require countries and economies across the globe to cooperate in an unprecedented manner. Political momentum and the availability of billions of funding will unlock business potentials in the fields of renewables and energy efficiency. However, in order to overcome barriers to the future of energy, businesses and public authorities face a variety of challenges:
- How can we effectively foster a sustainable and secure energy supply?
- How can we enable and renew the energy infrastructure?
- How can public investments activate private capital for a sustainable future?