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[BUSINESS] · Hungary · 2 sources

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Global energy and economic trends face technological shifts

The energy sector is undergoing a significant transformation driven by electrification, renewable energy, and the increasing demand for electricity from electric mobility and artificial intelligence. A key regulatory milestone is approaching in the European Union, where starting in 2026, the use of sulfur hexafluoride (SF6) will be prohibited in new medium-voltage switchgear up to 24 kV to reduce greenhouse gas emissions.

On a broader scale, a report from the United Nations Conference on Trade and Development (UNCTAD) identifies major global megatrends shaping the future economy. Among these, rapid technological advancement is a primary driver, with artificial intelligence, big data, robotics, and the Internet of Things (IoT) fundamentally reshaping trade and economic operations.

Entities

European Union · Schneider Electric · UNCTAD