Previous years’ Energy Perspectives reports
Here you can find our archive of previous editions of Energy Perspectives.
Energy Perspectives archiveEnergy Perspectives is an independent energy scenario analysis prepared by Equinor analysts.
The report describes development paths up to 2050 for the world economy, energy markets and energy-related greenhouse gas emissions, and includes a 1.5 degree scenario.
Energy Perspectives 2023 will be presented here on June 8. (Publication of material on this website only).
Energy Perspectives paints the outcome space for the long-term development of the world’s energy markets. Driven by factors such as geopolitics, technology, climate and energy policy, and company and consumer behaviour, energy demand projections are made, but become increasingly uncertain the further out in time we forecast.
This year, the publication does not include a full report as the previous edition was published only 9 months ago, but all data, forecasts and assumptions have been updated. Also, the analysts have conducted a separate deep dive on critical minerals, a highly relevant energy transition topic, that will be part of the presented material.
Walls divide and bridges connect. Our two scenarios paint a large outcome space for what the long-term energy future might look like based on choices made today and going forward.
The scenarios highlight the challenges that must be overcome to move from the slow, incremental changes that characterise the energy transition today (Walls), to the radical changes needed to move the world onto a path aligned with the 1.5°C ambition of the Paris agreement (Bridges).
Security of energy supply has come to the forefront of the energy policy agenda, with rising energy prices and significant increases in overall cost of living, keeping energy affordability on the agenda as well. Still, the climate challenge will stay as a long-term driver for decarbonisation of our energy system, but the short to medium-term focus should be expected mainly on those options that combine decarbonisation with increased energy security and resilience.
How will the share of fossil fuels in primary energy demand towards 2050 develop? How fast will the world be able to electrify road transport? And, to what extent will natural gas play a role as a transition fuel? These are big questions with potentially large impact on the energy markets and the ability to deliver on climate targets; thus, the dialogue driven by Energy Perspectives is particularly valuable in informing decisions that will shape the future of energy.
Energy Perspectives 2022:
Balancing energy security, affordability and decarbonisation is key for a sustainable energy transition.
Amid turmoil in global energy markets, this year’s Energy Perspective report presents two scenarios; Walls and Bridges, which illustrate two very different pathways for the global energy system towards 2050.
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Here you can find our archive of previous editions of Energy Perspectives.
Energy Perspectives archiveEnergy transition plan
This is our action plan with short-term actions and medium-term ambitions necessary to realise our ambition of becoming net zero by 2050.
Published 2 May 2022