The Next Five Leading The Energy Transition: Where Are We Now?
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Dec 5, 2025 Massimo Battaini, CEO of Prysmian, shares insights on the critical state of our energy infrastructure. He highlights the need for massive investment to address grid shortcomings and the implications of rising demand for materials like copper. The discussion also covers the challenges of policy uncertainty for long-term investments. Meanwhile, the need to redirect fossil fuel subsidies towards grid improvement and storage solutions is emphasized. Join this engaging conversation about the pivotal next steps in the global energy transition.
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China's Rapid Electrification Lead
- China has rapidly scaled renewables and electrification, outpacing the US and EU in recent years.
- Its electrification rate reached about 32% by 2023, underscoring a major global shift in clean-power leadership.
Electrification Will Double Power Needs
- Achieving deep electrification will double electricity demand in the EU by 2050, requiring a far stronger grid.
- Meeting this requires stable, large-scale investment into transmission and interconnection now.
Invest Early To Avoid Bigger Costs Later
- Invest proactively in grid infrastructure because underinvestment becomes costlier over time.
- Germany spent billions on congestion management that could have been avoided with stronger grid investment.