Energy Market and Strategies: a New Paradigm

Since the industrial revolution fossil fuels have propelled technological, social and economic progress. However, this has come at a substantial environmental cost. Now, with Covid-19 rocking the global economy there are signs that we may have reached a historic moment when demand for oil finally peaks and our energy paradigm shifts. Scientists and policymakers are being joined by investors who see economic opportunities in a clean energy revolution.

Photo by Samyag Shah on Unsplash
World primary energy supply by source. Source: Carbon Tracker

The role of government policy

The current situation

The renewable energy market

Falling power generation costs. Source: IRENA (2010–2019)

A fossilized energy system

How has COVID affected the clean energy revolution

Has oil demand reached its peak?

A bright future

Euro-Mediterranean Center on #ClimateChange: integrated, multi-disciplinary and frontier research on climate science and policy.

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