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What are the global macro drivers for energy transition?
The same conduits for any macro change:
1. Demographic
2. Economic
3. Socio-Cultural
4. Technological
5. Ecological
6. Political
let's take a look
The same conduits for any macro change:
1. Demographic
2. Economic
3. Socio-Cultural
4. Technological
5. Ecological
6. Political
let's take a look
1. Population growth & urbanization -geographic shifts in migration
World pop. expected to grow from 7.7B to 9.2B by 2040 and urbanization share will grow from 56% to 64% by 2040.
We will need more and more resources which makes way for new and creative solutions.
World pop. expected to grow from 7.7B to 9.2B by 2040 and urbanization share will grow from 56% to 64% by 2040.
We will need more and more resources which makes way for new and creative solutions.
2.Econ. forces
The forces motivating governments, companies, and consumers to supply, convert, transport, use energy resources, and to dispose of residuals; market structures and regulatory structures; distributional and environmental consequences; economically efficient use.
The forces motivating governments, companies, and consumers to supply, convert, transport, use energy resources, and to dispose of residuals; market structures and regulatory structures; distributional and environmental consequences; economically efficient use.
3.Socio-Cultural Forces
Factors that affect societies basic preferences & behaviors.
Everyday routines and habits, aesthetic preferences and locked-in logistics of consumption and mobility are important features that constitute acceptance or resistance to energy change.
Factors that affect societies basic preferences & behaviors.
Everyday routines and habits, aesthetic preferences and locked-in logistics of consumption and mobility are important features that constitute acceptance or resistance to energy change.
3.Technological Forces
Tech change, is a shift to a new production function it is the main source of economic growth. In strictly economic terms technological change is presented as a positive transformation that often arrives in waves of related innovations.
Tech change, is a shift to a new production function it is the main source of economic growth. In strictly economic terms technological change is presented as a positive transformation that often arrives in waves of related innovations.
4. Ecological forces
Natural forces in a macro env. Today we see that environmental concerns have grown strongly in recent years, which makes the ecological force a crucial factor to consider. We are increasingly seeing government intervention in natural resource management
Natural forces in a macro env. Today we see that environmental concerns have grown strongly in recent years, which makes the ecological force a crucial factor to consider. We are increasingly seeing government intervention in natural resource management
4.A
World, air & water pollution are at forefront of global policy, forcing companies more than ever to consider and implement environmental sustainability, not only in response to government policy but also consumer demands for environmentally friendly and responsible products.
World, air & water pollution are at forefront of global policy, forcing companies more than ever to consider and implement environmental sustainability, not only in response to government policy but also consumer demands for environmentally friendly and responsible products.
5. Political Forces
Energy decisions are influenced by political factors. These factors include gov't structure and power balances, actions taken by politicians, and partisan-based or self-serving actions taken by individuals and groups.
Energy decisions are influenced by political factors. These factors include gov't structure and power balances, actions taken by politicians, and partisan-based or self-serving actions taken by individuals and groups.
5. A
Not all governments are likely to respond in the same way to the growing energy demands of their citizens. Democracies are likely to be more responsive to their citizens, however, this comes at the cost of growing strains on the environment.
Not all governments are likely to respond in the same way to the growing energy demands of their citizens. Democracies are likely to be more responsive to their citizens, however, this comes at the cost of growing strains on the environment.
5. B
Therefore understanding the variation in political systems help identify why some policy proposals regarding energy transition are more welcome in some nations and less in others.
Therefore understanding the variation in political systems help identify why some policy proposals regarding energy transition are more welcome in some nations and less in others.
5.C
Key sources of domestic opposition and support might differ substantially
Why one-size-fits-all solutions are unlikely &more innovative proposals are needed that reflect the political constraints shaped by national leaders in different kinds of political environments.
Key sources of domestic opposition and support might differ substantially
Why one-size-fits-all solutions are unlikely &more innovative proposals are needed that reflect the political constraints shaped by national leaders in different kinds of political environments.
ok end.
