Electrification: critical innovations for our future energy systems

Increasing electrification globally, largely driven by the adoption of electric technologies across sectors, has the potential to enhance energy efficiency, advance decarbonisation and strengthen energy security. The International Energy Agency (IEA) projects in its Net Zero Emissions by 2050 Scenario that electricity's share of total global energy demand will rise to over 27% by 2030 (from 20% in 2022).

Electrification is transforming energy systems such as transportation and heating while enabling the integration of renewable energy sources at scale. However, strategic investment is essential to ensuring adequate grid infrastructure and flexibility as is the need for critical raw materials supply and the overall optimisation of electricity system costs, creating opportunities for cross-sector cooperation and public-private partnerships to deliver a technologically and economically viable path forward. Enhancing grid interconnection is critical to strengthening overall system resilience and optimising cost efficiency, ensuring a more reliable and sustainable energy infrastructure.

Attendee insights:

Gain key insights from industry experts on how electrification drives the energy transition, unlocks technological advancements, and meets growing power demands.