If the energy transition is to deliver this ecologi-cal and economic success, the energy supply must remain secure and affordable. <>/ExtGState<>/XObject<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 595.32 841.92] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> 4 0 obj The transition offers challenges, opportunities and tough choices for governments, businesses and customers.The TCFD is a global initiative to encourage companies across all sectors to assess the risks and opportunities presented by climate change. energy transition, which includes the interaction between different systems, leads to diverse challenges. We believe Shell’s strategy, portfolio and strong financial framework give us the ability to thrive through potential changes to the energy system to 2030.In the medium-term, Shell will grow its business in areas it expects to be important in the energy transition, while reducing costs and improving our CO.Longer term, there is great uncertainty, but we believe Shell’s strategic flexibility will allow us to adapt in step with society. By continuing to use this website, you consent to our use of cookies. The Shell Energy Transition Report describes Shell’s intent to move in step with society towards a lower-carbon future. The Paris Agreement has sent a signal around the world. And the energy transition can only be a long-term success if Germany remains a competitive centre of economic activity. A new energy system is emerging. Find out more below about the future of renewable energy and what the energy transition could mean for your business. endobj In the wake of the IPCC’s urgent call for action, the “Mission Possible” report sends a clear signal to policymakers, investors and businesses: full decarbonization is possible, making ambitious climate objectives achievable. Clean Energy Bill Home Bill Status Supporting Studies Articles Energy and Climate Bills 2019 . The world is moving away from a fossil fuel dominated energy system, and towards one featuring greater consumption of electricity, more renewables, and lower CO2 emissions. Rather, accelerating the energy transition will require coordinated action across economic, Secretary-General’s Climate Action Summit Track #4: Energy Transition Version 3 – 31 May 2019 1. 3 0 obj This is the ‘point of singularity’, when the world rings out the old and rings in the new, welcoming the future of alternative energy.When we expect the energy transition to become a reality,Of global power needs will be met by solar and wind,Of all miles travelled globally by cars, trucks, buses and bikes will use electric motors.Talk to a consultant with expertise in your sector and region today.Submit your details to find out more about how we can help you and your organisation,2019_WM_Energy_Transition Outlook_Global Trends.pdf,How refiners can thrive during the energy transition,Energy View to 2035_Executive Summary.pdf.Quantify how demand, supply and net trade will evolve in established and emerging markets as the global energy balance shifts.Understand the implications for global energy supply and demand with 'beyond the base case' scenarios across all fuels sectors.Connect the moving parts between oil, mining, fuel, power and infrastructure industries to gain a full view of electric vehicles' global market impacts in a one-stop solution.Make better investment decisions in the global energy, US energy, metals and mining industries with customised research packages.Understand the interplay between commodities and the economy with macroeconomics analysis to help forecast the pace of global economic development to 2035.We use cookies on the public areas of our website. The report is our base-case view of the energy world – it does not represent business as usual. Energy Transition project contributed to these two requirements by: – A multilevel dialogue series, addressing energy transition at the global, regional and national levels: This series created a better understanding of countries’ transition imperatives and challenges. It recommends that companies disclose information in four areas: governance; strategy; risk management; and targets and metrics. Energy transition Energy transition is perhaps best defined as a shift from a system dominated by finite (chiefly fossil-based) energy towards a system1 using a majority of renewable energy sources, also maximising the opportunities available from increased energy efficiency and better management of energy … <> energy transition gives us resilience whatever the pace and path the world chooses o reinforce this belief we base part of our long-term eecutive compensation on delivery of this strategy 4 BP Advancing the energy transition. <> It is complex and goes beyond only the replacement of one source of fuel with another. The Energy Transition Index (ETI) is a fact-based ranking intended to enable policy-makers and businesses to plot the course for a successful energy transition. It’s brought from all of Wood Mackenzie’s commodity, technology, markets and segment coverage and syncs with our H1 2019 research. They help us, governments and academia understand possibilities and uncertainties ahead.View our latest report online and build your own PDF version with the topics that matter most to you.A key role for society – and for Shell – is to find ways to provide much more energy with less carbon dioxide.The 2019 Annual Report and Form 20-F are now available as PDF download. It describes our previously-stated ambition to halve the Net Carbon Footprint of the energy we sell by 2050.The Shell Energy Transition Report responds to society’s request for greater transparency on climate-related risks and, as such, is our principal response to recommendations of the Task Force for Climate-related Financial Disclosures (TCFD). They let you easily navigate your way around the site and allow us to improve its performance, or even recommend content we believe will be of most interest to you. �����cv��E?�ru�&eZ\kN��a�Q�6|A�>���1V���6:�Hд�:�L�j�nz�CR�Xx%��e�6��@�P�jk�w�BD��iwc��G��K$�y��g��k͆ YU6Ė�?,��]k�vɤ\�w�m�7�r+�>j({1�+�MYQ�y�'ևXa���]�v�{ۆ�Zw�*���8uZ�O��en�M!�!�!b�1���|��z����_��37�!|�Z�W��0�@�Z�+m6)r�q1 After 2035, that trend will accelerate as demand declines for transportation fuels such as diesel and gasoline. Look out for the energy transition outlook 2020 later this year.An energy transition disrupts the status quo.
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