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The energy transition unfolds differently in each of the 10 world regions included in our forecast. Its speed and scale are influenced by a number of factors, such as: geographical and resource issues; legacy technology and energy systems; stages of economic development; and government policy.
Thus, every region has a unique starting point and a different transition trajectory — from OECD countries targeting post-industrial prosperity, to emerging and fast-growing economies, to regions entering an era of development.
Our ETO model generates insights and captures this granularity, and, in the following sections, the forecast transition for each of the 10 Outlook regions is presented, including: