Happy new year to all fellows of the Energy Transition
It has become a tradition on our podcast for the first episode of the year: Gerard Reid , Michael Barnard and I present our 2025 Predictions.
First, we assess last year's predictions (and I arrive last 🥹 ... but it's OK, I am better in Cassandra than in Nostradamus)
Here are our 6 predictions for 2025:
1. Oil production down in the US
2. Oil prices will hit 40USD/bl
3. Geopolitics, stressed supply chains and Energy bonanza will bring a more innovative and better world
4. A bloodbath for Hydrogen in the Transportation sector
5. Record installation of Solar (700GW), EVs (20m) and Batteries (200GWh)
6. The end of all financial products labelled ESG, Climate and Carbon
We wish all our listeners an excellent year 2025 and we love you all.