Anna Borthwick’s Post

Do you know what Australians are thinking about the energy transition? Read our new KPMG report, The Human Side of the Energy Transition, which summarises findings from a survey of over 1,000 Australians on topics such as: - Awareness of and support for the energy transition - Willingness to engage with and pay for energy - Who is best placed to build awareness and acceptance of the changes required for the energy transition https://lnkd.in/gyThCjDq KPMG Customer - Louise Pogmore, Hannah Lock, Mary Perebzak, Sue Langford, Carmen Bekker, Karen Parkes, Jenny Roche FAICD KPMG Energy - Cassandra Hogan, Jonathon Peacock, Jackie Sharp, Sally Torgoman, Minh Dao GAICD, James Arnott, Matt Herring, Sabine Schleicher, Tess Fitzgerald, Barry Sterland

Our survey of 2,000+ energy sector leaders uncovered increasing levels of concern that the goals of transition are being hindered by barriers. Our report identifies ways in which these can be overcome.

Could consumer apathy stall Australia's clean energy goals? 💡 As Australia accelerates its energy transition, engaging consumers to come along on the journey is more important than ever. New research from EY reveals that "unless energy providers can activate a surge in consumer energy solution investment, we’ll miss our opportunity to build a more sustainable, efficient, and cost-effective energy system". At UNSW Digital Grid Futures Institute, we're supporting projects that help empower consumers to actively participate in the energy transition. But how can energy providers bridge the gap and make consumer participation appealing? This EY article outlines 3 focus areas for providers: affordability, access, and appeal. Check out the article and let us know your thoughts 👉 https://lnkd.in/eZ-vi4i3 #CommunityEngagement #FutureEnergy #EnergyTransition Lynn Morrison 何岭 GAICD Elizabeth Thurbon Rebecca Green Katie Quail Andy Symington

New EY research acknowledges consumers as the heart of the energy system and the biggest driver of change. Put them at the heart of your strategy to move consumers from ambition to #climateaction Climate Action Week Sydney

Renewable energy and jobs: Annual review 2024 ◾The 2024 edition of IRENA’s Renewable energy and jobs series discusses deployment and supply chain trends and highlights the comprehensive policy contexts that shape job creation both today and in the future. ◾It reveals that interest in localising supply chains through industrial policy-making continues to grow, owing to the desire to capture more value and create jobs domestically, but also as a result of protectionist sentiments, which have become entangled in growing geopolitical and geoeconomic rivalries. ◾The report also finds that public policies and private sector activities, together with civil society actions, must seek to balance environmental, economic and social sustainability. ◾While markets can be helpful in driving technological change, the global common good is not their primary motivation; therefore, there are trade-offs between an energy transition path that is driven by the pursuit of shareholder profits and one that is inspired by a people- and planet-centric vision. #energyticslimited #renewableenrgy #sustainability #energytransition

Energy and natural resource executives foresee a slow energy transition. Industry executives expect a slow energy transition, with almost two thirds saying they foresee net-zero emissions by 2060 or later, a survey from London-based consultancy Bain & Company found. https://lnkd.in/eEkbixja #energytransition #netzero

Energy Efficiency: UN's Progress & Targets The UN is focused on advancing global energy efficiency: 2020 Target: 20% reduction - Achieved a 5.8% shortfall in primary energy. 2030 Target: 32.5% reduction - Essential to meet this target, supported by global initiatives like the Green Deal & REPowerEU plan. Despite setbacks from COVID-19, energy efficiency continues to be a key priority for a sustainable future. The UN's strategy is clear: efficiency first. Let's stay committed to achieving these crucial global goals! #EnergyEfficiency #SustainableFuture #GlobalEnergyGoals #GreenDeal #REPowerEU #EfficiencyFirst #UNEnergyTargets #EnergyConservation #2030Goals #ClimateAction #SustainabilityMatters #EnergyReduction #EcoInitiatives #RenewableEnergy #EnergySustainability

Currently, fewer than 0.3% of scenarios analysed meet “just and fair” transition principles, defined by the United Nations as “ensuring that no one is left behind in the transition to low carbon and environmentally sustainable economies and societies”. The report noted that billions of pounds must be invested into the sector in the next six years to achieve these few scenarios. https://lnkd.in/ehh_u2qc What needs to be done in the lead-up to 2030 to ensure that a just and fair transition is achieved? #energy #utilities #energytransition #energyequity

We’ve recently developed a localised point of view that shows Australian consumers are growing tired of the clean energy journey. Now is the time for urgent action across three areas to engage and inspire diverse groups of Australian energy consumers.   Get in touch if you’d like to discuss on how our teams can help engage and activate every energy consumer to accelerate our journey towards a more sustainable, resilient energy system.   #EYEnergy #EnergyTransition #CustomerExperience #EYTechnology

How to finance the energy transition when the risks are unpredictable? Financing the energy transition is one of the key questions on the road to a sustainable energy future. But how can this huge transformation be financed efficiently and in a way that makes economic sense? This is the challenge: investment will only flow if the returns can be clearly calculated. Long-term revenue forecasts are the key!—They provide planning certainty and pave the way for investors. Data-driven models not only provide accurate forecasts, but also reduce uncertainty and maximise efficiency. By making renewable energy predictable, we ensure economic stability and investor confidence. Because only with precise planning and reliable returns can the energy transition be financed in a sustainable way—and that makes sense not only ecologically, but also economically. Read more about 4cast Horizon.—The key to investing in the energy transition: https://lnkd.in/erXtSmGZ #EnergyTransitionFinancing #SustainableInvestments #PlanningSecurity #DataDrivenForecasts #RenewableEnergy #4cast