Strategic Analysis and Engagement
Demand for fossil fuels has peaked in the electricity sector.
The energy transition is a powerful development tool for the Global South. Renewables are more available, more quickly, at lower cost.
It is increasingly clear that global fossil fuel demand reached a peak in 2019, and we are now bumping along a plateau before an inevitable decline.
A look beyond the current 2022 stress on Europe’s energy system to the long-term changes taking place.