Progress paralysis
While we are seeing some of the highest renewable energy and transition investments to date, how do we help energy and water projects get off the ground to be on track to reach net zero by 2050? Through our recent partnership with Reuters Energy and with our industry peers and clients, we explore this challenge and share tangible tools and implementation steps to help drive the transition forward.
Water and energy infrastructure
Water and energy infrastructure are at the heart of our communities.
This paper looks at the causes of ‘Progress paralysis’ and possible ways to accelerate the energy transition through an implementation roadmap produced in association with the global professional services company GHD.
In the report
- More than money – Companies and communities need to consider the tangible and intangible costs of implementing or not implementing projects. There is no shortage of funding available, but access to funding is an issue.
- Building a more compelling business case – Evaluate other factors standing in the way of appropriate investment and how capital can reach the right projects.
- Identifying and navigating obstacles – What is an acceptable level of risk to move forward? Analyse concerns over energy security, technology readiness and other potential blockages to the energy transition.
- Navigating existing and new technologies – Assessing the successful scale-up of clean technologies and synergies between emerging technologies and cost cuts.
- Not just energy, the water issue - Ensuring water availability can be balanced with energy production to support rapid and efficient decarbonization.
More than money – an industry panel on how we accelerate water and energy infrastructure
When facing the energy transition, the big challenge for today’s leaders is the pace of decision-making married with information known today. The risk of getting things wrong is high, often leading to paralysis in progress, but increasingly there is an even higher risk from inaction.
GHD’s Tej Gidda moderated a panel of energy and water industry experts discussing the challenges and opportunities facing industry and communities:
- Molly Walton, Deputy Director, We Mean Business Coalition - Keynote
- Mark Akehurst, Head of Renewable Strategy and M&A, ENGIE
- Devrim Celal, CEO, Octopus Energy Technology
- Jamie Randolph, Principal Hydrogen Program Manager, GHG Emission Strategies, Pacific Gas and Electric Company
- Fernando Carou, Manager – Renewable Energy and Net Zero Department, City of Toronto
- Closing remarks from Anna Jakobsen – EMEA Leader Sustainability, Resilience & ESG, GHD
Webinar: More than money
Read more from our Energy and ESG Leaders:
A realistic guide to understanding clean energy infrastructure
Discover how strategic investments, clear policies, and innovative technologies pave the way for a sustainable energy transition, driving economic growth and environmental responsibility.
What, where, and when to invest in a sustainable energy transition
Explore the challenges and opportunities in sustainable energy investment. Learn about balancing factors like investments, climate goals, and social needs.
Decoding emissions: What you need to know for an effective energy transition strategy
Learn about baseline emissions, scope 1, 2, and 3 emissions, and how transforming carbon data informs energy source decisions.
GHD and Reuters Events Renewables partnered for the second time in 2023 following the successful ‘Tackling the Transition’ collaboration from 2022. The partnership enables GHD to share global advisory insights and technical expertise to Reuters’ audience on the topic of the energy transition, adding value to Reuters’ audience and wider network. For further information, please visit https://www.reutersevents.com/events/renewables-content/
Authors and contributors: