8.1 Global energy market

The future of energy is uncertain. Economic development, demand, availability and cost of resources, technology changes, competition between different fuels, development of complementary energy carriers in a complex energy system, energy and climate policies, geopolitics and regional politics in key regions, consumption patterns and consumer choice are examples of factors that will determine and shape the future of energy markets. How these factors will ultimately play out and interact in the global energy business is very uncertain and impossible to predict with any degree of certainty. For some elements of the global energy landscape, history and recent developments give guidance on the likely future development.
(Source : http://www.statoil.com/no/NewsAndMedia/News/2016/Downloads/Energy%20Perspectives%202016.pdf Links to an external site.)

 

Recommended articles or reports: