The shape of change: Incipient megatrends point to multiverse of intertwined energy transitions

Energy transition forecasts depict competing market forces melding with chaotic socioeconomic factors. Hard conclusions are scarce but volatility is a given, so agility will prove key to survival

The energy transition has barely begun, and its ultimate destination is today unknowable. But several authoritative reports* released recently by the likes of BP, DNV GL and Morgan Stanley offer insights into the forces driving the overall direction of travel. Long-term forecasts and scenario modelling do not lend themselves to concrete conclusions—rath…