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Energy perspectives previous reports

About the report

Energy Perspectives is an independent report prepared by Equinor analysts, describing three possible development paths for the world economy, international energy markets and energy-related greenhouse gas emissions.

The report is based on models and frameworks that the company uses in connection with long-term analyses of the energy markets and is intended to foster greater understanding of uncertainty in the long term and how different forces can influence this uncertainty.

Energy Perspectives has become an important reference in international talks on energy and climate-change issues. Each year the team behind the report is invited to international meetings and conferences to present their perspectives.

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Energy Perspectives 2020

A time of great uncertainty

Energy Perspectives celebrated its 10th anniversary in a year of unprecedented events. The COVID-19 pandemic sent shockwaves through energy markets, economies and societies, affecting all our lives for years to come.

The events of 2020 made scenario planning more relevant than ever, allowing us to see where our decisions may lead. Energy Perspectives does not predict the future, but gives us a way to examine and debate what may lie ahead in an informed and reasoned way.

In the 2020 report we looked at the consequences of a slow energy transition, what happens when we prioritise economic growth over the environment, and what it would take to reach the well below 2°C Paris climate target.

Energy Perspectives 2019

Delaying climate action increases the challenge


Current climate actions are far from enough to put the world on a path to keep global warming well below 2 degrees. Global emissions increased in 2018 to reach an all-time high – and the longer this continues, the stronger measures will be necessary to reach common goals. The need is ever more urgent for rapid and significant change.