The storylines of the energy transition in 2023

The competing trends in the energy transition from 2023 were stark: a looming peak in demand for oil, gas, and coal; a global agreement to transition away from fossil fuels; and an increasingly realistic pathway to triple renewables development.

But we also experienced the hottest global temperatures in 125,000 years, record US oil & gas production, inflation headwinds that challenged large renewables projects, and a very tough year for clean energy stocks.

Every new investment in energy infrastructure matters in an increasingly consequential way. This is the decade to get it right, and we’re almost halfway through it.

So, as is tradition, we spend some time outlining our picks for storylines of the year – with that urgency in mind. And we’ll talk about what they signal about the path ahead here in the US and beyond.

Sign up for Latitude Media’s Frontier Forum on January 31, featuring Crux CEO Alfred Johnson, who will break down the budding market for clean energy tax credits. We’ll dissect current transactions and pricing, compare buyer and seller expectations, and look at where the market is headed in 2024.

The Carbon Copy is supported by FischTank PR, a specialized climatetech PR firm dedicated to bringing meaningful results for companies in sectors spanning grid edge, solar, energy storage, battery, EVs, alternative fuels, VC and green building. FischTank helps clients stand out in an increasingly competitive and noisy space. Visit FischTank PR to learn more.