Challenges impacting energy transition by region 2023

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In a 2023 survey of energy sector leaders and investors, 56 percent of the total respondents emphasized that cost and economic impact was one of the greatest challenges currently impacting energy transition worldwide. Among respondents in Latin America, this figure rose to 60 percent.

In your opinion, what are the greatest challenges currently impacting the energy transition?

Characteristic	Global/total	North America	Middle East	Latin America	Europe	Asia Pacific
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Release date

November 2023

More information

Region

Worldwide

Survey time period

August 22 to September 28, 2023

Number of respondents

456 respondents

Special properties

Responses from C-suite executives, legal counsel, and business, operations, and project managers.

Method of interview

Online survey

Supplementary notes

Survey participants encompassed firms and investors interested in renewable energy (76%), oil and gas (64%), utilities (39%), mining (33%), EVs (30%), and nuclear (18%). Respondents were distributed across North America (23%), the U.K. and European Union (37%), Asia Pacific (11%), the Middle East (6%), and Latin America (22%).

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