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Jefferies: 2024 Energy Transition Outlook Explained

The year 2023 marked a significant period in the energy sector, characterized by a dual narrative of remarkable growth in renewable energy and emerging challenges, as detailed in a comprehensive report by Jefferies.

The Jefferies New York Office Headquarters. PHOTO: ALP/NYPost
The Jefferies New York Office Headquarters. PHOTO: ALP/NYPost

This period witnessed a surge in renewable installations, notably in solar capacity, electric vehicle sales, and battery storage, primarily in the United States and China.

This positive trend, however, faced setbacks including substantial delays in the grid integration of

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