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
23 December 2025
Legislative reform in Germany sets the stage for commercial carbon capture and transport at a national level, while the UK has already seen financial close on major CCS clusters
15 December 2025
Net zero is not the problem for the UK’s power system. The real issue is with an outdated market design in desperate need of modernisation
28 November 2025
The launch of the bloc’s emissions trading system in 2005 was a pioneering step, but as the scheme hits 21 its impact as a driver of decarbonisation is still open to debate
18 November 2025
Vicki Hollub, president and CEO of Occidental, has been selected as the 2026 recipient of the Dewhurst Award, the highest honour bestowed by WPC Energy. The Dewhurst Award celebrates exceptional leadership, groundbreaking innovation and a lifetime of significant achievements in sup-port of the development and advancement of the energy industry.






