Outlook 2025: The global energy transition – complex and urgent
Uruguay has made significant progress in decarbonising its electricity generation, with state-owned ANCAP now leading the second phase of the country’s energy transition
There is widespread consensus on the immense challenge posed by the global energy transition. But what makes this shift so complex? The urgency to decarbonise, in alignment with international climate goals, demands a profound transformation of the global energy system within a few short decades. This transformation requires not just the introduction of new technologies, but the replacement of existing primary energy sources. Today, fossil fuels account for more than 80% of the world’s energy mix. To achieve sustainability objectives, we must transition to a low-carbon system—one that is not yet fully developed or scaled. Meanwhile, global population growth and rising living standards will co
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25 February 2026
Low-carbon hydrogen and ammonia development is advancing much more slowly and unevenly than once expected, with high costs and policy uncertainty thinning investment. Meanwhile, surging energy demand is reinforcing the role of natural gas and LNG as the backbone of the global energy system, panellists at LNG2026 said
18 February 2026
Norwegian energy company has dropped a major hydrogen project and paused its CCS expansion plans as demand fails to materialise
4 February 2026
Europe’s largest electrolyser manufacturers are losing patience with policymakers as sluggish growth in the green hydrogen sector undermines their decision to expand production capacity
2 February 2026
As a fertiliser feedstock, it is indispensable, but ammonia’s potential as a carbon-free energy carrier is also making it central to global decarbonisation strategies
