Global Outlook on Energy Markets and Transition

Presentation delivered by the World Bank on Global Outlook on Energy Markets and Transition on the occasion of the “ERC Forum 2023: Renewable and Sustainable Energy Transition” (August 28-30, 2023, Bangkok, Thailand).

World Economic Forum: Storage is the key to the renewable energy revolution

Investment in renewable energy is skyrocketing, in line with ambitious national targets aimed at curbing carbon emissions. As renewable energy capacity grows, better ways of storing this energy should be identified, to avoid waste and deal with demand spikes. Utility companies and other providers are increasingly focused on developing effective long-term energy storage solutions.

5 Key Messages on the Energy Transition

The Energy Transitions Commission (ETC) gathered its members, leaders from across the energy, industry and finance landscape in a recent meeting in July. The ETC team distilled 5 Key Messages on the Energy Transition reflecting the current state of progress.

Global climate stories from World Economic Forum

UN Secretary-General warns of 'global boiling' as Europe burns and July set to be hottest month on record; Asia is the world's most disaster-prone region, according to WMO; Florida ocean surface temperature hits hot-tub levels.