The Energy Transition refers to the process by which energy economies (local, national, global) are changing the production and consumption of energy to reduce greenhouse gas emissions while still delivering affordable energy to scale. Like other simple phrases evoking grand visions (sustainability, globalization), energy transition is hard to describe in a manner that represents the views of all stakeholders. With the same independence that characterizes all of our work, ESAI Energy is scouting the energy transition to provide insight on the pace, scalability, and impact on legacy markets. Our history of integrating regulatory change into our market forecasting gives us a natural platform to do this.
Countries all over the world are reforming their energy pricing to reduce or eliminate petroleum subsidies, tightening fuel economy, and mandating new fuels. More than 25 countries have carbon taxes and several countries or provinces have emissions trading schemes. ESAI follows and reports on all relevant developments.