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The great transformation

A record deployment of renewables has helped shape the energy supply over the last 15 years

A number of emerging technologies, policy initiatives such as the COP21 agreement in Paris last year, the continued increase in demand in China and India, a rise in growth of renewable energies, as well as the growth in unconventional oil and gas, have solidified the level and extent of their impact on the energy sector and the environment. We have seen fundamental structural changes in the energy sector, often referred to as energy transitions, globally. The motivation, objectives and priorities for tackling these emerging energy transitions differ within different countries and regions, but can mainly be related to the Energy Trilemma of energy security, sustainability and affordability.

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