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
27 May 2025
EU Parliament and Council both agree to exempt bulk of importers from paying a carbon tax on goods imported into the EU
27 May 2025
Carbon capture, utilisation and storage needs stable policy, investable frameworks and coordinated infrastructure if it is to be developed at scale
19 May 2025
The two Gulf states are combining fossil fuel production with ambitions to become leaders in low-carbon energy
14 May 2025
Deal with Calpine shows oil and gas major ExxonMobil has no intention of curbing its CCS ambitions, despite US policy risks and broader scepticism over the energy transition