𝙒𝙝𝙖𝙩 𝙘𝙖𝙪𝙜𝙝𝙩 𝙢𝙮 𝙖𝙩𝙩𝙚𝙣𝙩𝙞𝙤𝙣? This image from GE Vernova that illustrates how the energy is transforming from a linear “source-to-consumer” system to a “hub-and-spoke” structure.
𝙒𝙝𝙖𝙩 𝙘𝙖𝙪𝙜𝙝𝙩 𝙢𝙮 𝙖𝙩𝙩𝙚𝙣𝙩𝙞𝙤𝙣? Engine No. 1, Chevron and GE Vernova partnering to develop up to 4GW of “power foundries” based on gas-fired generation to support data center development.
Bad headlines can be a symptom of progress. Our “Hype Curve” at Enverus Intelligence® Research tracks the progress and position of key power and energy transition technologies.
Do you agree with how we have placed them? Which technology will surprise in 2025?
Read the full post from the team below:
To mark the close of 2024, Enverus Intelligence Research created a roadmap to the 2025 energy transition landscape, covering power, subsurface, low-carbon fuels and energy transition investment.
As the industry continues to evolve, we find these key themes emerging in 2025:
• EV battery costs will fall below the $100/MWh cost parity milestone. Direct air capture (DAC) is approaching the peak of inflated expectations with significant challenges ahead, while green hydrogen and offshore wind will lag expectations. The ADVANCE Act and artificial intelligence-related energy demand are pushing new nuclear technology closer to viability.
• President-elect Donald Trump’s proposed tariffs would drive up domestic renewable equipment prices. Tax credits for blue hydrogen, EOR, and solar and wind projects are least at risk of elimination, while subsidies for green hydrogen and geothermal are the most exposed.
