LEVELING UPBUREAU VERITAS GLOBAL ENERGY TRANSITION REPORT 2025 BUREAU VERITAS GLOBAL ENERGY TRANSITION REPORT 20251ABOUT THE SURVEY: Bureau Veritas’ 2025 global energy industry survey is basedon interviews with more than 1,100 respondents in 11 regions: Europe, North America,South & Central America, Central and South Africa, Middle East & North Africa, Northern& Central Asia, Northeast Asia excluding China, Southeast Asia, China, India, Australia.To accelerate the energy transition, we need global scale-up. Investment in clean energy remains concentrated in wealthy countries, with much of the rest of the world left behind. Redressing the balance by unlocking the deployment of renewables in the Global South is essential if we are to decarbonize the world’s energy systems and meet the goals of the Paris Agreement.This report shares insights from energy experts and leaders around the world on barriers to acceleration worldwide. By highlighting pragmatic solutions and best practices from across the world, the report aims to show what can be achieved—and how these successes could be scaled up to meet the world’s energy needs, sustainably.IN THIS REPORTINTRODUCTIONKey insightsStatus quoBV Energy Transition Barometer2346LEVELING UP INVESTMENT IN RENEWABLES 9REMOVING BARRIERS TO ACCELERATION15ACCELERATING INNOVATIONIN TECHNOLOGY23A BALANCED ENERGY MIX32DECARBONIZING CONVENTIONAL ENERGY39HOW TO LEVEL UP THE TRANSITION42BUREAU VERITAS GLOBAL ENERGY TRANSITION REPORT 20252Every single year in the past two decades the energy industry has hit a new record in renewables installations. Yet every year we move further away from keeping global temperature rises within 1.5°C. The reason is clear:we need to act on a far bigger scale.We...
