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Electrification across transport, buildings and    analysis offers an evidence-based lens through
           industry represents another decisive shift. The    which these decisions can be assessed and
           rapid rise of electric vehicles, projected to capture   prioritized.
           nearly a quarter of global passenger car sales in
           2024, underscores how consumer markets are         Rystad Energy’s participation at COP30 is therefore
           embracing cleaner alternatives. Yet electrification   more than symbolic—it is integral. With a global
           is not merely about replacing combustion           team of over 800 experts across more than
           engines—it is about efficiency. Technologies       25 offices, we bring unparalleled, data-driven
           like EVs and heat pumps demonstrate how            insights to the climate dialogue. Our mission is
           electrification maximizes “useful energy,” reducing   to ensure that the energy transition is guided by
           waste inherent in fossil fuel systems. These       facts, grounded in realism and ambitious enough
           lessons resonate strongly at COP30, where scaling   to deliver results. As the world charts its course
           electrification is viewed as essential for balancing   toward net zero, Rystad Energy stands ready to
           economic growth with climate commitments.          illuminate the path forward.

           For the emissions that remain, solutions such as
           carbon capture, utilization and storage (CCUS),
           green hydrogen and sustainable biofuels are
           indispensable. COP30 provides the forum for
           governments and industry to create the policies
           and investments that will make these high-risk,
           high-reward technologies viable. Rystad Energy’s


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