The Next Five

Leading The Energy Transition: Where Are We Now?

Dec 5, 2025
Massimo Battaini, CEO of Prysmian, shares insights on the critical state of our energy infrastructure. He highlights the need for massive investment to address grid shortcomings and the implications of rising demand for materials like copper. The discussion also covers the challenges of policy uncertainty for long-term investments. Meanwhile, the need to redirect fossil fuel subsidies towards grid improvement and storage solutions is emphasized. Join this engaging conversation about the pivotal next steps in the global energy transition.
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INSIGHT

Transition Momentum Is Economic Not Just Ethical

  • The energy transition has gained irreversible momentum and is driven increasingly by economics and security, not just climate goals.
  • Renewables and electrification are now mainstream business priorities, with companies investing heavily in grids, storage and clean power.
INSIGHT

China's Rapid Electrification Lead

  • China has rapidly scaled renewables and electrification, outpacing the US and EU in recent years.
  • Its electrification rate reached about 32% by 2023, underscoring a major global shift in clean-power leadership.
INSIGHT

Electrification Will Double Power Needs

  • Achieving deep electrification will double electricity demand in the EU by 2050, requiring a far stronger grid.
  • Meeting this requires stable, large-scale investment into transmission and interconnection now.
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