Electrification
From electric vehicles to smart grids, digital native generations are sparking an electrification revolution, reshaping the way they power their lives.
Climate Resilience • Solar • Energy Storage • Smart Grids • Electric Machines • Clean Tech • Energy Efficiency • Renewables
55%
Solar energy accounts for 55% of all new electric capacity added to the U.S. grid in 2023, the first time in 80 years a renewable energy resource was the majority.
$3.6T
Electrification of industries such as wind, solar, and heat pumps is expected to generate $3.6T in revenue this decade.
25%
25% of global electricity generation in 2024 will come from renewable energy, driven by expansions in solar and wind power installations, and global battery capacity is growing by an astounding 77% in 2024.
Case Study: Torus
Torus provides energy efficient storage and management solutions for commercial customers and utilities, enabling them to optimize power consumption. The company harnesses AI to detect cybersecurity issues and provide outage protection - allowing firms to improve operational efficiency.
Torus is well-aligned with the digital native emphasis on decarbonization efforts.
