The podcast discusses the fifth annual New Technologies Outlook, which tracks 260 technologies relevant to the energy transition, an investment opportunity estimated between $72 to $117 trillion. Key trends highlighted include the growing momentum of nuclear and geothermal technologies due to AI and data center demand, the critical role of long-duration energy storage (with China leading deployment), and a recalibration in hydrogen's focus. While offshore wind has been downgraded due to policy uncertainty and high costs, EVs, batteries, and solar technologies continue to top the board. Carbon capture and storage are entering a defining period, and bioenergy is seeing renewed interest. The report also reveals global competition for technology supremacy, with China dominating solar, wind, and energy storage, the US leading in nuclear, geothermal, and carbon capture, and Europe focusing on end-use decarbonization. Regional variations and trade barriers are noted as factors slowing the global adoption of niche solutions, emphasizing the need for international cooperation to achieve net-zero goals.
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