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Energy transition trends 2022

Getting to net-zero

What are the biggest challenges and opportunities facing industry leaders as they plan and execute their decarbonisation strategies? The results of the Reuters Events and Deloitte Global Energy Transition Trends 2022 survey reflect the responses from over 2,800 professionals across corporates of all sectors, sizes and geographies, to shine a light on the most pressing issues.

The report covers five main themes:

  • Delivering net zero: When looking at how industry will deliver net zero, we saw that while governments are still expected to provide leadership on net-zero targets, companies are increasingly seizing the initiative and implementing decarbonisation pathways.
  • Governance, society, and people: The ability to deliver on net-zero pledges is a key factor in helping companies to attract the right skills and the best talent.
  • Markets, finance, and investment: We will all end up paying for the energy transition. Most companies have already started allocating resources to the task, but high costs and regulatory uncertainty remain barriers to investment.
  • Clean technology and electrification: Technology is key to decarbonisation and electrification is the biggest technology enabler for emissions reduction, but government support is still needed to electrify the industrial sector.
  • The industry transition: While the transport sector is on its way to decarbonisation, there is still much uncertainty over when and how other hard-to-abate industries could achieve their net-zero emissions.

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