Shell sees common trends in its transition scenarios
Certain themes dominate across the range of the major’s view of potential futures
Shell has reverted to three outlooks and extended the scope of its look into the future from 2070 out to 2100 in the latest round of its long-term projections, The Energy Transformation Scenarios, it released in mid-February. Its three-scenario approach assumes each has a key driver—the economy, geopolitics and the environment—and it dubs them ‘Waves’, ‘Islands’ and ‘Sky 1.5’, respectively. This author approves; it is a similar approach to that which he first took working at thinktank the Canadian Energy Research Institute early this century. What to watch for Despite Shell’s new approach providing a wide spectrum of plausible futures, its scenarios team identified five trends common to ea
Also in this section
28 March 2024
US company aims to accelerate deployment of new technologies offered by Norwegian pureplay CCS firm
26 March 2024
Country has Europe’s largest CO₂ storage potential but regulatory and policy issues must be resolved to enable growth, says Offshore Energies UK
26 March 2024
Largest investment to date will support emission reduction projects across multiple sectors including refining, steel and cement
19 March 2024
Commodity trading companies are set for a key role in shaping green supply chains and providing carbon market liquidity