Scenarios are plausible and challenging alternative futures. In producing the World Energy Scenarios, the World Energy Council collaborated with Accenture Strategy and the Paul Scherrer Institute to explore likely futures for the Grand Transition – a world of lower population growth, radical new technologies, greater environmental challenges, and a shift in economic and geopolitical power – looking to 2060. The World Energy Scenarios report presents three exploratory scenarios – Modern Jazz, Unfinished Symphony, and Hard Rock – that provide users with a common language for thinking and talking about current events.
In the light of the growing importance of renewables and especially Variable Renewable Energy Sources (VRES) all over the world, policymakers and the industry need to address emerging issues to ensure continued growth of variable renewables and their successful integration in electricity systems. Renewable Energy Sources (RES) offer many benefits such as CO2 emissions mitigation, fossil fuels import requirement reduction and new jobs creation, just to name a few. At the same time, the recent expansion of variable renewables-based generation (wind and solar PV) also poses certain challenges, both technical and economic and they require short and long-term solutions. The report identifies these challenges and offers solutions drawing on the experience of the industry operators from around the world based on 32 country case studies covering five continents.
The integrated report “Financing resilient energy infrastructure” synthesises the findings on managing risks related to extreme weather events, cyber and the energy water food nexus. It was launched on September 13, 2016 at the International Forum of the Americas in Toronto, Canada.
The World Energy Perspective on Non-tariff Measures is the second report in a series looking at how an open global trade and investment regime concerning energy and environmental goods and services can foster the transition to a low-carbon economy. Building on the previous report on tariff barriers to environmental goods, this paper highlights twelve significant non-tariff measures (NTMs) directly affecting the energy industry and investments in this sector. The World Energy Council has identified that these barriers can greatly impact a country’s trilemma performance – the triple challenge of achieving secure, affordable and environmentally sustainable energy systems.