Solar Energy
Solar energy is no longer only a future growth story. It is already the leading driver of renewable capacity growth worldwide, accounting for the majority of new installations toward 2030. However, for solar energy to reach its full potential, integration with energy storage systems is essential. The rise of floating offshore solar farms presents a new frontier for harnessing solar power, particulary in regions with limited land availability.
At the same time, the main challenge is shifting from deployment to system integration, ensuring that solar generation can be stored, transported and used when needed.
Wind energy
The wind energy sector continues to expand, particularly in offshore wind technology. Floating offshore wind (FOW) systems present new opportunities but also introduce technical and logistical challenges. According to the International Energy Agency, offshore wind capacity expansion is expected to reach 140 GW over 2025-2030.
The next phase for wind energy is not only about increasing capacity, but about improving project execution, cost efficiency and integration into the broader energy system.
Emerging renewable technologies
Beyond solar and wind, alternative renewable energy sources such as geothermal and tidal energy are gaining traction. Geothermal energy, with its capability to provide consistent baseload power, holds immense potential. Advancements in enhanced geothermal systems (EGS) could expand its applicability to regions previously considered unsuitable for geothermal power generation.
Similarly, tidal energy, which harnesses the power of ocean currents and waves, is progressing, with pilot projects demonstrating its viability. However, these technologies remain niche solutions for now and will complement, rather than replace, large-scale solar and wind deployment in the coming decade.
Energy storage and transmission
Energy storage solutions are essential to stabilize renewable energy supply and manage intermittency. Battery storage continues to advance, with lithium-ion technologies still leading the market, while alternatives such as solid-state and flow batteries are gaining traction for their potential to improve efficiency and extend lifespan.
The real bottleneck in today’s energy transition has shifted from generation to infrastructure. Grid constraints are emerging as a critical limiting factor, with large volumes of renewable and storage projects delayed due to insufficient connection capacity.
This means that scaling storage alone is not enough. Expanding and modernizing grids, improving flexibility and accelerating permitting processes are now essential to unlock the full potential of renewable energy.
Smart grid technology remains a key enabler, improving energy distribution, optimizing load balancing and enhancing overall grid reliability.
Electric vehicles (EVs)
EV adoption has continued to grow, with one in four new cars sold globally electric in 2025. Key challenges include the cost of EVs, charging infrastructure limitations, and consumer concerns about range anxiety. Surveys indicate that 70% of consumers in Europe and the US would be willing to switch to EVs if vehicle ranges exceeded 500 km and prices fell within the $20,000-$25,000 range.
To achieve widespread adoption, advancements in battery technology must focus on affordability and longer driving ranges. Adoption will continue to vary by region, shaped by infrastructure, affordability, use patterns and policy support.
Green hydrogen
Green hydrogen has long been touted as a game-changer for decarbonization. As hard-to-abate industries like steel, cement, and heavy-duty transport seek viable paths to decarbonization, green hydrogen is emerging as one of the few scalable solutions for sectors where direct electrification isn't practical. It offers a clean alternative to fossil fuels in processes that require high heat or long energy storage.
However, the market has encountered delays due to complex funding structures and regulatory uncertainties. Hydrogen remains strategically important, but deployment is moving more gradually than earlier expectations suggested.
With over two decades of experience in the hydrogen market, Bekaert has established itself as a leading supplier of PEM electrolyzer products. Its Currento® metal fiber media, used as a porous transport layer (PTL) for electrochemical devices, is a high-performance material offering superior permeability and strength.
Bekaert and its partners are actively working on cost-reduction strategies to lower the levelized cost of green hydrogen production. Localized supply chains and simplified production processes will be crucial for scaling up hydrogen adoption across industries, including transportation, manufacturing, and power generation.