Foreword

As 2025 draws to a close, the power industry braces for great change. The energy transition is accelerating, electrification is reshaping economies and the integration of renewables, storage and digital technologies is redefining how power is produced, distributed and consumed. 

Yet, the path forward remains complex, marked by regulatory shifts, infrastructure constraints and market volatility.

Global electricity demand is rising faster – and in more unpredictable ways – than at any point in recent decades, driven by industrial electrification and the explosive growth of data centres. This transformation is reshaping power systems, with traditional models of large, centralised generation and ageing grids no longer able to meet today’s power demand and needs.

Renewables remain at the heart of this evolution. Solar and wind are invigorating the global power mix, but their rapid expansion introduces new challenges: intermittency, grid congestion and fluctuating generation patterns. These pressures underscore the importance of dispatchable, flexible power supply, for which distributed energy resources, grid updates and energy storage, among others, have emerged as viable and urgent solutions.

Technology is key to resolving these modern power problems. AI and advanced analytics are enabling predictive maintenance, optimising load balancing and overall improving efficiency across the power value chain. Innovations in emerging technologies like nuclear fusion and green hydrogen are unlocking new opportunities, while distributed generation and microgrids are expanding electricity access for both urban and remote markets.

Regulation continues to evolve. Carbon pricing mechanisms, renewables incentives and grid resilience mandates have empowered clean energy investment to remain steady despite geopolitical and economic headwinds. However, permitting delays, supply chain bottlenecks and policy rollbacks threaten progress; the US wind industry, notably, has faced renewed investment uncertainty following the Trump administration’s withdrawal of federal funding.

At the same time, geopolitical tensions and climate events have reinforced the importance of energy security. Utilities and governments alike are rethinking supply diversification, storage capacity and cross-border interconnection to ensure system stability in an increasingly electrified world.

As demand for clean, affordable and reliable power continues to rise, success will depend on the industry’s ability to innovate, collaborate and execute with agility. Companies that align digital transformation with decarbonisation will define the next chapter of global energy leadership.

At Future Power Technology, our mission is to provide the clarity and context needed to make sense of this fast-changing landscape. Through rigorous analysis, expert insights, and world-class data and intelligence, we aim to be your trusted partner as the power industry confronts risk, embraces innovation and seizes opportunity.

Thank you for your continued engagement as we look ahead to the future of power.