Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • CCUS
  • Cap & Trade Markets
  • Voluntary Markets & Offsets
  • Corporate & Finance
  • Net Zero Strategies
  • Podcasts
Search
Related Articles
How will scope three emissions work in practice?
Carbon intensity of upstream production could become a mere sideshow as and when decisions are made over the allocation of a barrel of oil’s carbon footprint across the value chain
US oil sector champions methane controls
Biden administration hopes to fast-track emission restrictions, a popular measure among many large-cap operators
BP and Shell prepare for the worst
The UK-headquartered majors are pursuing strategies that assume the future plays out least favourably for hydrocarbons
Decarbonising LNG: the heat is on
When the largest buyer in the largest consuming country commits to net-zero emissions by 2050, suppliers must start to respond. And they are
Shell sees common trends in its transition scenarios
Certain themes dominate across the range of the major’s view of potential futures
Shell
Vincent Lauerman
17 February 2021
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

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
CCS costs surge as trade war rattles developers
13 May 2025
Volatile tariffs add new risks for a sector already struggling to achieve economies of scale
US renewables receive unfair advantage
30 April 2025
State administrations are using a flawed metric to justify green energy projects
Letter on hydrogen: Electric shock
29 April 2025
Spain’s unprecedented blackout highlighted the risk for green hydrogen producers with exposure to Europe’s creaking power grids
Major UK CCS project set for lift-off as Eni wins state funding
24 April 2025
Liverpool Bay project on track for 2028 startup as Italian energy company reaches financial close with government for CO₂ transport and storage network

Share PDF with colleagues

Rich Text Editor, message-text
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Rich Text Editor, txt-link-message
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search

  • CCUS
  • Cap & Trade Markets
  • Voluntary Markets & Offsets
  • Corporate & Finance
  • Net Zero Strategies
  • Podcasts
Search