With over 2% of global car sales, the electric car fleet is expanding quickly. Ambitious policy announcements have been critical in stimulating the electric mobility transition in major vehicle markets.

Carbon capture, utilisation and storage, or CCUS, is an important emissions reduction technology that can be applied across the energy system.

Technology costs for battery storage continue to drop quickly, largely owing to the rapid scale-up of battery manufacturing for electric vehicles, stimulating deployment in the power sector.

Hydrogen is a versatile energy carrier, which can help to tackle various critical energy challenges. Hydrogen can be produced from almost all energy resources, though today’s use of hydrogen in oil refining and chemical production is mostly covered by hydrogen from fossil fuels, with significant associated CO2 emissions.