A new report by Aon, released during London Climate Action Week, reveals the promising growth prospects of energy transition technologies by 2030. The report emphasizes the need for underwriters and insurers to adapt to the evolving landscape by developing new coverage solutions aligned with regulatory changes. Traditional energy sources are projected to still dominate global electricity production by 2030, although renewables are expanding rapidly. Oil and gas companies are investing in renewables and transition technologies like hydrogen, battery storage, and carbon capture, leading to shifting risk profiles in the insurance industry. Aon's research points out the high growth potential of renewable energy sources such as solar PV and onshore wind, with opportunities for insurers to provide solutions for natural catastrophe exposure and technological advancements. The hydrogen economy is identified as a significant opportunity, with insurers exploring innovative coverage like green hydrogen shipping insurance and end-to-end value-chain insurance. Battery energy storage systems also offer growth prospects, with the Asia Pacific region leading in this market. The report underscores the importance of insurers adapting to the changing landscape and seizing opportunities presented by the energy transition technologies.