The Energy Sector – What do we see?

The #EnergySector is one of our favourite sectors for a couple of reasons. Firstly, it attracts big #social#economic and #technological challenges that need to be resolved. With this amount of volatility, it is always exciting and the easy to align productivity to purpose! Secondly, with these problems, come solutions. So this naturally gives rise to the need for collaboration and thinking differently. Bringing diversity, discipline and the pressures of speed in decisions will lead our energy actions today that will meet our requirements for our tomorrow.
 
So, here’s what we think is worthy of focus in the Future of Energy:
 
#Collaboration: To tackle global energy challenges, it is crucial to work together across all levels of stakeholders, including government, business, and community. Complementary industries like transportation, mining, and infrastructure are working with industry to address big issues that adopt global thinking, but act locally to solve unique differentiation. Geo-political relations are providing material benefits by sharing innovations and technologies and developing global solutions that navigate the pathway to a cleaner and sustainable energy future.
 
#EnergyEquity: Energy equity ensures everyone has access to reliable and affordable energy, regardless of their income or location. “Leaving no-one behind” aligns to the UN’s 17 Sustainability Goals and the sectors work to invest in future energy systems, particularly in less developed areas will require continued collaboration with governments and communities to design policies, develop and secure funding vehicles, and provide education programs to support adoption and action in these regions. By working together and making energy equity a priority, we can build a better and more sustainable future for all.
 
#CourageousLeadership: To get what you’ve never got, you need to do what you’ve never done. The sector needs to be bold in agitating for change, identifying areas of impact and taking deliberate and actionable steps for progress. In creating a sustainable future, difficult decisions will have to be made. Re-evaluating long-standing business models that have generated decades of shareholder returns and having the vulnerability and transparency to navigate pathways with stakeholders to balance challenges and opportunities will not be for the faint of hear in this transition.
 
While coal and fossil fuels still remain popular sources of energy in regions like Asia, United States, Europe and Australia, there’s glimmers of hope from 2022. Countries with ambitious targets and investments are now showing clever combinations of renewables and are limiting their dependency on fossil fuels. Some examples are Sweden, Norway, Costa Rica, Scotland, Iceland, Germany, Denmark, Uruguay and New Zealand. Why not use this as an opportunity to collaborate, seek energy equity and lead with courage!
 
If you’d like to hear more, contactus@elysiumroad.com or direct message.

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