Womble Bond Dickinson's 2024 Energy Transition Outlook Survey Report points to a new phase in the multi-generational journey to net zero. While 56% of our respondents are deepening their focus on their transition strategy, the energy sector executives, investors and legal counsel we surveyed also demonstrate an increasing awareness of cost and economic impact. The results suggest a growing understanding of the scale of existing grid modernisation, as well as the new infrastructure required to support renewable resource generation. Meanwhile, the critical role of government support has risen to new prominence.
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