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» Strong growth drivers for the global energy industry
There are numerous initiatives on all continents focusing on accelerating the clean energy transition, reducing fossil fuel dependence and expanding universal access to affordable power. These programs unite governments, financial institutions, and private industries to modernize grids, scale renewable technologies, cut carbon emissions and ensure universal access to affordable, reliable & sustainable energy by 2030.
To name only a few: The European Union is taking a comprehensive approach to making energy supply more sustainable, efficient and secure. The United Nations' Sustainable Development Goal 7 (SDG 7) is about ensuring access to clean and affordable energy being key to the development of agriculture, business, communication etc. The Breakthrough Agenda: A global coalition of governments and business leaders to foster the energy transition. Net Zero World Initiative, a program that partners with countries globally to accelerate the decarbonization of energy systems through expert support from national laboratories. Energy Efficiency Hub: a government-to-government collaboration on energy efficiency policies for buildings, transport, and industry. GET.pro: A multi-donor European program working to deliver international energy and climate goals by providing technical assistance and unlocking private capital for renewable energy in developing markets.
The Gulf States and Saudi Arabia are pushing forward massive green initiatives to make their economies independent of fossil fuels. To this end, they foster the massive expansion of renewable energy, hydrogen production, massive reforestation projects and modern CO₂ storage technologies.
As a result of these initiatives and commitments many countries will massively increase their spending on the energy transition. Another driver and accelerator is global climate change. Further proof: venture capital investments in »green tech« have been rising sharply since 2025.
These initiatives will not only trigger strong growth and investments in the global energy industry, but will also increase the demand for qualified employees and experts in all related areas.
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