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Rystad Energy: achieving a

sustainable and resilient energy system

Written by Jon Ødegård Hansen, Senior Vice President and Head of Energy Scenarios

AS THE GLOBAL COMMUNITY CONVENES IN BELÉM FOR COP30, THE URGENCY OF
THE ENERGY TRANSITION HAS NEVER BEEN GREATER. GOVERNMENTS, INDUSTRIES
AND CIVIL SOCIETY ARE UNDER INCREASING PRESSURE TO ACCELERATE CLIMATE
ACTION WHILE ENSURING ENERGY REMAINS ACCESSIBLE, AFFORDABLE AND
RELIABLE. FOR RYSTAD ENERGY, PARTICIPATION IN THIS MILESTONE CONFERENCE IS
BOTH NATURAL AND NECESSARY. AS A LEADING INDEPENDENT ENERGY RESEARCH
AND CONSULTING COMPANY, RYSTAD ENERGY PROVIDES THE INSIGHTS, DATA
AND FORESIGHT REQUIRED TO SHAPE PRACTICAL STRATEGIES FOR REACHING NET-
ZERO. OUR PRESENCE AT COP30 REFLECTS OUR ROLE AS A TRUSTED ADVISOR IN
NAVIGATING ONE OF THE MOST COMPLEX CHALLENGES OF OUR TIME: ACHIEVING A
SUSTAINABLE AND RESILIENT ENERGY SYSTEM.

At the heart of our engagement at COP30 is the One of the most striking findings in our analysis is
launch of our flagship Global Energy Scenarios the scale of change needed in the power sector.
2025 report. This comprehensive analysis outlines Renewable energy deployment—particularly
the strategic roadmap for a low-carbon future, solar and wind—remains the cornerstone of deep
focusing on what it will take to align with the decarbonization. Solar power, which added a
targets outlined in the nationally determined record 460 GWAC in 2024, exemplifies clean energy
contributions (NDCs). The report emphasizes technologies’ speed and scalability. Coupled with
three critical tasks: decarbonizing the power battery storage and advances in grid resilience,
sector, electrifying key end-use industries and the foundation for a renewable-driven energy
addressing residual emissions in hard-to-abate system is rapidly materializing. These insights are
sectors. Together, these measures highlight the central to COP30 discussions, where accelerating
unprecedented transformation required to realign renewable adoption is critical to meet emission
the global energy system and offer actionable reduction targets.
guidance for policymakers, investors and industry
leaders attending COP30.

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