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World Energy Issues Monitor 2018

Perspectives on the Grand Energy Transition

World Energy Issues Monitor 2018

The World Energy Issues Monitor provides a snapshot of what keeps CEOs, Ministers and experts awake at night in over 90 countries. The monitor helps to define the world energy agenda and its evolution over time. It provides a high-level perception of what constitute issues of critical uncertainty, in contrast to those that require immediate action or act as developing signals for the future. It is an essential tool for understanding the complex and uncertain environment in which energy leaders must operate, and a tool through which one can challenge
own assumptions on the key drivers within the energy landscape.

This ninth iteration of the monitor is based on insights provided by more than 1,200 energy leaders to provide over 30 national assessments across six regions. 

A new survey highlights shifting priorities in the energy sector with an accelerating transition towards digitailisation, decentralisation and decarbonisation. On a global scale, innovative technologies such as electric storage, renewable energies and market design are impacting top action priorities for energy leaders globally in 2018.

Blockchain technology is ranked high in impact and uncertainty within every region identified in the survey of more than 1,200 energy leaders in 95 countries. This is in addition to a survey issued to more than 100 innovators earlier in the year, launched at the 2018 Start-up Transition Energy Award in Berlin,16 April.

In its ninth year, The World Energy Issues Monitor 2018: ‘Perspectives on the Grand Energy Transition’ published by the World Energy Council, through an analysis of critical issues affecting the energy system, provides 9 global, 6 regional and 38 national issues maps.

The 2018 Global Issues Map indicates that innovation is the key area of concern. Issues such as digitalisation, electric storage, market design, decentralised systems, and renewable energies are receiving greater attention as their impact grows across the energy industry. The Global Issues Map also shows a decrease in attention around centralised technologies and greater certainty around electricity prices and energy affordability. We also see that increased impact of digitalisation is facilitating a rapid convergence of alternative technologies such as renewable energies, blockchain and data AI.

Other key findings:
  • Renewable energies are ranked high in terms of certainty and their high potential to compete with traditional fuels across the world
  • Data Artificial Intelligence and mobile cloud are enabling the rise of the prosumer as new actors such as tech companies are entering the energy system
  • Digitalisation and cyber threats are perceived as a priority among energy leaders in OECD countries in comparison to non-OECD countries
  • Fossil fuels remain an important part of the world’s global energy mix despite many countries increasingly incorporating clean energy policies

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