Asian Phoenix portrays a world where the centre of economic and political gravity shifts more rapidly to the Asia Pacific region. By 2030, Asia represents 42 per cent of world energy consumption and 54 per cent of world GDP - putting it well on the way to recapturing the share of the world economy it had two centuries ago.
Break Point explores a future where oil supply difficulties limit production growth, leading to sustained high prices and significant market response towards alternative fuels and technologies. The world’s energy system evolves dramatically from the status quo of 2005. Oil loses its monopoly grip on the transportation sector as new sources of liquid fuel become competitive with products derived from conventional oil.
Global Fissures describes a future in which the political limits of global economic integration are reached, resulting in a social and political backlash against free trade and market liberalisation. The scenario looks at how such a change could challenge conventional assumptions about future patterns of energy demand, investment and supply.
* See the attached Word document for the graph charting these three Cambridge Energy Research Associates scenarios.
You might also like...
Amiral cogen eyes financial close
26 April 2024
Lunate acquires 40% stake in Adnoc Oil Pipelines
26 April 2024
Saudi Arabia's Rawabi Holding raises SR1.2bn in sukuk
26 April 2024
Iraq oil project reaches 70% completion
26 April 2024
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.