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Energy Landscape 

A photograph of a field of solar panels, the setting sun shining on the top of the image.

The $3 trillion electricity market—including about $530 billion in North America—continues to undergo remarkable transformation. This energy transition from reliance on hydrocarbons towards renewable energy sources is in large part being driven by the evolution of new and more cost-effective technologies. Geopolitical conflicts have also served as catalysts, as vulnerable countries have been moving to secure incremental energy independence and reduce reliance on fossil fuels. This pivotal shift is redefining the energy industry and reimagining the future of sustainable and efficient power generation.  

What we’re watching 

Despite the strides made in renewable energy, a complete departure from traditional hydrocarbon sources remains impractical today.