Long-term scenarios for global energy demand, energy supply and GHG emissions provide important tools for policymakers, companies and investors alike. While scenarios have been used since the 1970s, their role has never been more critical, or more contentious. And the variations across scenarios have never been more pronounced due to major uncertainties in future climate policy actions and the pace of clean energy technology development and deployment. Furthermore, fault lines in the global consensus are appearing as countries in the “Global South” prioritize energy access and economic development and are keen to develop indigenous fossil fuel resources. Are current scenarios fit for purpose? Do they adequately capture the complexities and trade-offs of a multidimensional energy transition? What should be the key characteristics of any new scenarios?
S&P Global Commodity Insights
Senior Vice President & Chief Energy Strategist
Office of the President of the Federal Republic of Nigeria
Special Adviser on Energy to President Bola Ahmed Tinubu
Institute of Energy Economics, Japan (IEEJ)
Chairman & Chief Executive Officer
Switch Energy Alliance, Chairman
Tinker Energy Associates, Chief Executive Officer; Bureau of Economic Geology, Director Emeritus
S&P Global
Research & Analysis Executive Director