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Energy transition forecasts depict competing market forces melding with chaotic socioeconomic factors. Hard conclusions are scarce but volatility is a given, so agility will prove key to survival
The energy transition has barely begun, and its ultimate destination is today unknowable. But several authoritative reports* released recently by the likes of BP, DNV GL and Morgan Stanley offer insights into the forces driving the overall direction of travel. Long-term forecasts and scenario modelling do not lend themselves to concrete conclusions—rather, they tend to offer semi-speculative perspectives into how things might pan out under various contrived circumstances and assumptions. This article seeks to synthesise a few of the core narratives, with added context and discussion.
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