The Baker Hughes Annual Meeting 2025 (BHAM25) brought together industry leaders, policymakers and innovators in Florence to explore the theme of Progress@Scale. The event underscored the importance of balancing affordability, security and sustainability, whilst scaling solutions to meet global energy demands.
Lorenzo Simonelli, Baker Hughes’ CEO, set the tone with a keynote highlighting the expansion of the energy ecosystem into mining, steel, aerospace and data centres. He emphasised the need for all energy sources, including hydrogen, renewables, nuclear, oil and gas, to ensure a sustainable and secure supply. Simonelli showcased Baker Hughes’ collaborations with Amazon Web Services (AWS), Digital Realty and Rio Tinto, demonstrating digital efficiencies in global projects. He called for scaling digital innovations through AI, predictive analytics and industrial software, highlighting the $275 trillion investment needed for future energy infrastructure.
The panel on Decarbonisation at Scale explored pathways to net zero, emphasising systemic approaches to balance affordability, supply security and sustainability. Industry leaders highlighted strategies such as electrification, AI-driven efficiency and carbon capture, along with the evolving role of natural gas through hydrogen and biofuels. Policy stability and market certainty were deemed essential, with international coordination seen as a blueprint for sector-wide frameworks.
Nasdaq CEO Adena T. Friedman discussed the role of AI, smart regulation and Nasdaq’s platform for engineered carbon removals. She highlighted the importance of open-source AI models, stable regulations and technological advancements in driving economic growth and energy transition.
QatarEnergy LNG CEO Khalid Al Khalifa bin Thani emphasised the role of natural gas as a transition fuel, detailing the company’s expansion and commitment to sustainability through emissions reduction, CO₂ sequestration and digital transformation with AI-driven predictive analytics.
The Redefining Progress panel highlighted the rapid adoption of hydrogen, infrastructure development, and innovations in clean power. US infrastructure reforms, hydrogen strategies, and carbon capture technologies were seen as critical to maintaining global competitiveness and meeting rising energy demands.
The Sustainable Energy Solutions panel showcased cross-industry innovations, including Amazon’s net-zero commitment, AECOM’s investments in LNG, hydrogen and battery storage, and ADNOC Offshore’s decarbonisation initiatives. The panel stressed the need for technology-neutral policies, collaborative industry efforts and continuous innovation.
Bloomberg CEO Jon Moore presented a record $2.1 trillion investment in energy transition technologies in 2024, highlighting growth in renewables, energy storage and EVs, while noting challenges in hydrogen supply and carbon capture investments. AI investment surged, emphasising its growing role in optimising energy systems.
In conclusion, BHAM25 reinforced io consulting’s commitment to delivering tailored energy transition solutions. The event highlighted the importance of digital transformation, AI-driven efficiencies and strategic collaborations. As the energy landscape evolves, io consulting remains a trusted advisor, supporting clients in navigating complexities, driving decarbonisation, and shaping a sustainable energy future through innovation and strategic foresight.
Explore the available videos from the 25th Baker Hughes Annual Meeting (AM25) to see industry leaders discuss “Progress at Scale” and the future of sustainable energy here www.bakerhughes.com/am-2025/
