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GLOBAL ENERGY DEMAND ON TRACK TO PEAK BETWEEN 2020 AND 2025

Release Date:2019-09-10 17:06:13     Source:The World Economic Forum

New World Energy Scenarios discuss three plausible pathways to 2040 focusing on the impact of “disruptive innovation” on energy system.

On Monday, September 9th 2019, the World Energy Council in collaboration with Accenture Strategy and the Paul Scherrer Institute launched an updated World Energy Scenarios report. Among the key findings, per capita energy demand projected to peak before 2030 and innovative net zero carbon pathways include hydrogen. The scenarios provide energy leaders with a clear strategic framework for navigating ‘disruption-as-usual‘ and offer a neutral platform to support a better-quality global strategic dialogue on the future of energy systems. 

Launched today during the 24th World Energy Congress in Abu Dhabi, UAE the World Energy Scenarios 2019 report provides an update of the Council’s global energy scenarios, presenting plausible pathways to 2040 with a focus on the broad and fast shifting landscape of innovation. The three musically-named scenarios are: Modern Jazz, which represents a ‘digitally disrupted,’ and market-driven innovative world; Unfinished Symphony, a future in which more ‘intelligent’ and circular economic growth models drive clean, affordable and sustainable energy transition; and, Hard Rock, which explores the consequences of inward-looking policies and weaker and unsustainable economic growth, in a more fragmented world.

The updated World Energy Scenarios provide new insights into the broader and fast-shifting landscape of innovation, which is emerging from within and beyond the energy system and includes not only new energy technologies but also policy, business model and social innovations. The scenarios highlight how different combinations of innovation accelerators – so-called ?Constellations of Disruptions“– might trigger and scale to enable alternative energy pathways and disrupt existing value chains.

The World Energy Scenarios dig deeper into the new patterns of disruptive innovation coming from beyond, not just within, the energy system. The report includes new story lines to 2040, supporting systems maps, comparative analysis on energy implications, six regional perspectives, as well as illustrative quantification, on an aggregated global and regional basis.

 

Editor:Galia

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