In order to explore the Grand Transition, the World Energy Council has built three energy scenarios – Modern Jazz, Unfinished Symphony and Hard Rock – which comprehensively develop possible paths toward 2060. Modern Jazz is a world driven by markets, strong innovation and rapid deployment of new technologies; Unfinished Symphony is a world of strong states direction, with energy policy priorities focused on security and climate change; and Hard Rock is a fragmented world with a weak economy and strong nationalism.
- What are the major challenges that the world and its energy sector will face on the pathways to 2060?
- Which will be the most critical innovation areas?
- What does the future energy industry look like? Who wins and who loses?