PC25 Key Highlights

Report findings

Pressure to drive the energy transition forward is being led by corporate boards

Solar power remains the leading renewable energy technology over the past five years

Organisations are taking a prudent approach to energy transition investment decisions

87

%

of respondents stated their energy transition investment strategy has changed in the last 12 months.

80

%

said in 2024 that the greatest pressure to cut emissions is coming from corporate boards and competitors.

59

%

Solar power has increased from 52% to 59%.

Corporates are also evaluating a wider range of criteria than in the past to justify their investments.

This is a common theme over the past five years of Ashurst research, with the perceived pressure from corporate boards never falling below 71%.

The next two most-popular technologies are energy from waste (38%, up from 30% five years ago) and biomass (37%, up 6% from 31%). In contrast, hydro has fallen from second place five years ago, (from 43% to 33%), and onshore wind has fallen from 42% to only 30%.

Pressure to drive the energy transition forward is being led by corporate boards

Organisations are taking a prudent approach to energy transition investment decisions

Solar power remains the leading renewable energy technology over the past five years

Report findings

Pressure to drive the energy transition forward is being led by corporate boards

Solar power remains the leading renewable energy technology over the past five years

Solar power remains the leading renewable energy technology over the past five years

59

%

Solar power has increasedfrom 52% to 59%.

80

%

say that the greatest pressure to cut emissions is coming from corporate boards and competitors.

59

%

Solar power has increased from 52% to 59%.

Corporates are also evaluating a wider range of criteria than in the past to justify their investments.

This is a common theme over the past five years of Ashurst research, with the perceived pressure from corporate boards never falling below 71%.

The next two most-popular technologies are energy from waste (38%, up from 30% five years ago) and biomass (37%, up 6% from 31%). In contrast, hydro has fallen from second place five years ago, (from 43% to 33%), and onshore wind has fallen from 42% to only 30%.

Pressure to drive the energy transition forward is being led by corporate boards

Organisations are taking a prudent approach to energy transition investment decisions

Solar power remains the leading renewable energy technology over the past five years

80

%

say that the greatest pressure to cut emissions is coming from corporate boards and competitors.

Pressure to drive the energy transition forward is being led by corporate boards

Corporates are also evaluating a wider range of criteria than in the past to justify their investments.

Organisations are taking a prudent approach to energy transition investment decisions

Report findings

Pressure to drive the energy transition forward is being led by corporate boards

Solar power remains the leading renewable energy technology over the past five years

Solar power remains the leading renewable energy technology over the past five years

59

%

Solar power has increasedfrom 52% to 59%.

80

%

say that the greatest pressure to cut emissions is coming from corporate boards and competitors.

59

%

Solar power has increased from 52% to 59%.

Corporates are also evaluating a wider range of criteria than in the past to justify their investments.

This is a common theme over the past five years of Ashurst research, with the perceived pressure from corporate boards never falling below 71%.

The next two most-popular technologies are energy from waste (38%, up from 30% five years ago) and biomass (37%, up 6% from 31%). In contrast, hydro has fallen from second place five years ago, (from 43% to 33%), and onshore wind has fallen from 42% to only 30%.

Pressure to drive the energy transition forward is being led by corporate boards

Organisations are taking a prudent approach to energy transition investment decisions

Solar power remains the leading renewable energy technology over the past five years

This is a common theme over the past five years of Ashurst research, with the perceived pressure from corporate boards never falling below 71%.

Pressure to drive the energy transition forward is being led by corporate boards

Report findings

Pressure to drive the energy transition forward is being led by corporate boards

Solar power remains the leading renewable energy technology over the past five years

Solar power remains the leading renewable energy technology over the past five years

59

%

Solar power has increasedfrom 52% to 59%.

80

%

say that the greatest pressure to cut emissions is coming from corporate boards and competitors.

59

%

Solar power has increased from 52% to 59%.

Corporates are also evaluating a wider range of criteria than in the past to justify their investments.

This is a common theme over the past five years of Ashurst research, with the perceived pressure from corporate boards never falling below 71%.

The next two most-popular technologies are energy from waste (38%, up from 30% five years ago) and biomass (37%, up 6% from 31%). In contrast, hydro has fallen from second place five years ago, (from 43% to 33%), and onshore wind has fallen from 42% to only 30%.

Pressure to drive the energy transition forward is being led by corporate boards

Organisations are taking a prudent approach to energy transition investment decisions

Solar power remains the leading renewable energy technology over the past five years

80

%

of respondents plan to increase investment in P2X technologies over the next five years.

P2X technologiesare generating interest

The next two most-popular technologies are energy from waste (38%, up from 30% five years ago) and biomass (37%, up 6% from 31%). In contrast, hydro has fallen from second place five years ago, (from 43% to 33%), and onshore wind has fallen from 42% to only 30%.

Solar power remains the leading renewable energy technology over the past five years

Report findings

Pressure to drive the energy transition forward is being led by corporate boards

Solar power remains the leading renewable energy technology over the past five years

Solar power remains the leading renewable energy technology over the past five years

59

%

Solar power has increasedfrom 52% to 59%.

80

%

say that the greatest pressure to cut emissions is coming from corporate boards and competitors.

59

%

Solar power has increased from 52% to 59%.

Corporates are also evaluating a wider range of criteria than in the past to justify their investments.

This is a common theme over the past five years of Ashurst research, with the perceived pressure from corporate boards never falling below 71%.

The next two most-popular technologies are energy from waste (38%, up from 30% five years ago) and biomass (37%, up 6% from 31%). In contrast, hydro has fallen from second place five years ago, (from 43% to 33%), and onshore wind has fallen from 42% to only 30%.

Pressure to drive the energy transition forward is being led by corporate boards

Organisations are taking a prudent approach to energy transition investment decisions

Solar power remains the leading renewable energy technology over the past five years

87

%

of respondents believe their organisation’s approach to the energy transition is likely to lead to disputes.

Legal disputes remain a key concern for corporates

91% of organisations believe their market is ready for P2X over the next five years. Across the G20 countries, 76% of respondents agree that achieving net zero will require investment in P2X technology.

P2X technologiesare generating interest

Report findings

Pressure to drive the energy transition forward is being led by corporate boards

Solar power remains the leading renewable energy technology over the past five years

Solar power remains the leading renewable energy technology over the past five years

59

%

Solar power has increasedfrom 52% to 59%.

80

%

say that the greatest pressure to cut emissions is coming from corporate boards and competitors.

59

%

Solar power has increased from 52% to 59%.

Corporates are also evaluating a wider range of criteria than in the past to justify their investments.

This is a common theme over the past five years of Ashurst research, with the perceived pressure from corporate boards never falling below 71%.

The next two most-popular technologies are energy from waste (38%, up from 30% five years ago) and biomass (37%, up 6% from 31%). In contrast, hydro has fallen from second place five years ago, (from 43% to 33%), and onshore wind has fallen from 42% to only 30%.

Pressure to drive the energy transition forward is being led by corporate boards

Organisations are taking a prudent approach to energy transition investment decisions

Solar power remains the leading renewable energy technology over the past five years

77

%

of senior business leaders view renewable energyinvestment as essential totheir strategic growth.

Sustained investment sentiment regarding renewables

The potential for legal disputes was most likely to emerge around new or untested technology (64%), environmental issues (62%), infrastructure limitations (63%) and regulatory delays (62%).

Legal disputesremain a key concernfor corporates

Report findings

Sustained investment sentiment regarding renewables

Legal disputes remain a key concern for corporates

87

%

of respondents in 2024 believed their organisation’s approach to the energy transition is likely to lead to disputes.

77

%

of senior business leaders in 2024 viewed renewable energy investment as essential to their strategic growth.

The potential for legal disputes was most likely to emerge around new or untested technology (64%), infrastructure limitations (63%), environmental issues (62%), and regulatory delays (62%).

Legal disputesremain a key concernfor corporates

80

%

of respondents plan to increase investment in P2X technologies in the next five years.

P2X technologiesare generating interest

91% of organisations believe their market is ready for P2X over thenext five years. Across the G20 countries, 76% of respondents agree that achieving net zero will require investment in P2X technology.

P2X technologiesare generating interest

Over the five years of our survey, this figure has not dropped below 75%.

Sustained investment sentiment regarding renewables