Human history has always been one of energy transitions. From biomass to coal, from coal to oil and gas, growing energy consumption has pushed humankind to find new energy sources, develop new technologies and use energy more efficiently.
The 21st century energy transition will be very different from previous energy transitions in that it will be the first towards a predominantly non-carbon-based energy system. This is because of the need to decarbonise the world’s energy production, in order to avoid the most severe consequences of human-generated global warming.
At the same time, billions of people around the world aspire to higher standards of living, achievable through economic growth that is impossible to achieve without higher hydrocarbons’ consumption in many regions and countries.
FGE’s market-leading experience looking at and commenting on global oil and gas markets, combined with our internally consistent, bottom-up analyses of energy supply and demand by product and sector, enable us to provide a unique perspective into how these two seemingly incompatible objectives (economic growth and lower emissions) can both be met.
While headlines about the energy transition are dominated by the “West”, the future of global energy consumption will mainly be written in the “East”. FGE’s unique expertise and contacts East of Suez enable us to assess market developments and opportunities and share our insights with our clients.
In our energy transition analysis, we rigorously examine emerging technologies and products and separate hype from reality.
Our aim is to pick energy transition winners that will provide commercial opportunities for our clients.
- Which New Energies have the best potential for growth?
- Which New Energies have the best potential for decreasing consumer costs/improving economics?
- Which New Energies have the best potential for good investor returns?
- Which companies are doing the most interesting and realistic work?
- What technologies will capture a sizeable market share during the next few decades?
FGE's suite of energy transition services provide our clients with a comprehensive update on the energy transition, decarbonisation, alternative fuels and the commercial opportunities and challenges that these may or will bring.