Looking ahead: Key themes to watch in the energy transition in 2025
Jan 14, 2025
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Discover the pivotal changes anticipated in the energy landscape for 2025. The discussion revolves around advancements in renewable technologies and the essential role of hydrogen in decarbonization. Analyze how Donald Trump's potential return impacts U.S. energy policy and global climate talks. Explore the rise of artificial intelligence and its effects on energy consumption and investment trends. With geopolitical tensions in play, the conversation highlights the intricate connections between technology, climate, and energy.
The potential return of Donald Trump to the presidency could drastically reshape U.S. energy policies, especially regarding climate agreements and emissions regulations.
The rising demand for electricity driven by artificial intelligence is expected to challenge sustainability efforts while influencing the energy transition landscape.
Deep dives
Impacts of Policy Changes in 2025
The upcoming year is expected to be significantly influenced by policy changes resulting from recent elections, particularly with the potential return of former President Donald Trump. His second term could lead to a retreat from climate agreements like the Paris Accord, potentially undermining global climate discussions. Anticipated rollbacks of emissons regulations and policies supporting renewable energy investments will likely shift the U.S. energy landscape and embolden fossil fuel companies to increase production. The geopolitical implications of these policies, especially in energy-related conflicts, are projected to add further complexity to the global energy market.
Growth of AI and Its Energy Demands
Artificial intelligence is poised to become a major driver of electricity demand, with predictions suggesting that data centers could account for up to 5% of global power demand by 2030. The increasing energy consumption from technology sectors such as AI and cryptocurrency is likely to maintain traditional fuel sources in the energy mix. Simultaneously, tech companies are also pushing for renewable energy solutions, creating a dynamic tension between demand growth and sustainability efforts. The dual pressures of rising demand and environmental concerns will shape discussions around energy transition strategies in the upcoming year.
Future Events and Focus Areas
Several key industry events are set to highlight ongoing challenges and innovations within the energy sector as the transition continues to unfold. Events such as the International Energy Week in London and various summits will showcase discussions on energy security, affordability, and sustainability. The podcast will track developments in carbon markets and explore emerging technologies related to carbon removal, which are gaining traction amid skepticism about carbon credits. With significant attention on global climate targets and the evolving geopolitical landscape, these events will inform the strategies and responses of energy leaders.
Platts Future Energy is merging with Energy Evolution, and in this inaugural episode of the new series, hosts Taylor Kuykendall and Eklavya Gupte set the stage for 2025, which looks to be another pivotal year for the energy landscape.
We highlight key topics such as advances in renewable technologies, the critical role of hydrogen in decarbonization, and the evolving policies that will shape global energy markets. We delve into the implications of Donald Trump's return to the presidency, including how policy shifts could affect global climate talks and emission regulations. Importantly, these changes are coming against a backdrop of geopolitical tensions and the ongoing energy transition. We also preview future episodes on the intersection of energy, technology, policy, and market trends, including the rising influence of artificial intelligence and its environmental implications.
The new Energy Evolution will publish on Tuesdays.
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