Strategic Focus: Leaders And Laggards Of The Energy Transition 2025-2045
18 Sep, 2024
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Executive Summary
As energy sources transition from fossil fuels to renewables, some firms will come out as leaders, while others will struggle to keep up. Verdantix has identified three key dimensions – renewable energy availability, regulatory landscape, and technology readiness – that will impact firms in the next 20 years, and that indicate which side of the energy transition they will fall on. Strategists at software and services firms can leverage this report to establish a framework to predict how firms in different industries and geographies will respond to the energy transition.
Three dimensions establish the leaders and laggards of the energy transition
The first energy transition dimension is availability of renewable energy
The second energy transition dimension is regulatory, governmental and geopolitical pressure
The third energy transition dimension is technology readiness
Use the framework to assess leaders and laggards in the energy transition
The first energy transition dimension is availability of renewable energy
The second energy transition dimension is regulatory, governmental and geopolitical pressure
The third energy transition dimension is technology readiness
Use the framework to assess leaders and laggards in the energy transition
Figure 1. China has the fastest growth in renewable energy availability
Figure 2. EU firms are under the strongest regulatory pressure to transition
Figure 3. Electrification of industrial processes, shifting product design, and investments in on-site renewable electricity are top priorities in the next three years
Figure 4. Energy transition in hard-to-abate sectors is hampered by low technology readiness
Figure 5. High-level evaluation of Mercedes-Benz and Toyota
Figure 6. High-level evaluation of BASF and Dow
Figure 2. EU firms are under the strongest regulatory pressure to transition
Figure 3. Electrification of industrial processes, shifting product design, and investments in on-site renewable electricity are top priorities in the next three years
Figure 4. Energy transition in hard-to-abate sectors is hampered by low technology readiness
Figure 5. High-level evaluation of Mercedes-Benz and Toyota
Figure 6. High-level evaluation of BASF and Dow
ArcelorMittal, Dow, International Renewable Energy Agency (IRENA), EY, CTVC, Northvolt, Mercedez-Benz, International Energy Agency (IEA), CEMEX, McKinsey & Company, European Commission, BASF, Tata Steel, RE100, EU Council, European Investment Bank (EIB), New Energy Blue, Nucor Corporation, Volkswagen, Imperial College Business School, World Bank, KC8 Capture Technologies, Audi, UPM, SABIC, Toyota, Linde
About the Authors
Alessandra Leggieri
Industry Analyst
Alessandra Leggieri is an Industry Analyst in the Verdantix Net Zero & Climate Risk practice. Her current research agenda focuses on solutions for GHG emissions and net ze…
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Ryan Skinner
Research Director, Net Zero & Climate Risk
Ryan is the Research Director for the Verdantix Net Zero & Climate Risk practice. He guides the research team to develop compelling research at the intersection of net zer…
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