How bold action can accelerate the world's multiple energy transitions
There is not one energy transition but many. Three accelerators can speed them all up.
Energy transition acceleration report
The energy system is reshaping at speed, in different ways across different markets.
About our transition model
We model energy supply and demand by country and sector under different policy and technology scenarios.
Multiple transitions will unfold around the world
Wealthy and developing economies, producers and importers will move at different speeds.
A decade of disruption
The next ten years will see rapid change in energy investment and trade.
Encouraging the switch from old to new energy
Policy, pricing and investment incentives can speed the shift to clean energy.
Evolving energy company portfolios
Many energy companies are gradually rebalancing toward low-carbon businesses.
A stronger supply chain can speed progress
Rising demand for critical commodities
Minerals, components and skilled labor must keep pace with deployment.
Meeting consumer expectations builds confidence
Affordable, reliable clean energy keeps public support strong.
Acting now maintains momentum
Delay increases the cost of the transition.
Summary
Incentives, supply chains and consumer confidence are the three accelerators of the energy transitions.
Related articles
As e-mobility accelerates, can utilities move EVs into the fast lane?
E-mobility is growing faster than expected. Utilities must invest in new capabilities to keep EVs on the road.
How AI improved data management for oil and gas capital projects
How AI improved efficiency and accuracy in oil and gas project engineering.
When does reinventing the wheel make perfect sense?
Electrifying road transport promises environmental and commercial gains. What it will take to accelerate.