Rethink Energy Research
Rethink Energy is the only service specifically designed to explain and forecast the changing energy landscape and its investment possibilities as renewables begin to take over from conventional fossil fuels
Report Summary
- Our global electricity forecast shows clearly how the Russian Ukraine war brings forward the demise of oil and gas
- Australia, Chile, Norway, Egypt, Kazakhstan, Oman and Mauritania are the unlikely candidates to experience the sort of economic power as energy exporters which Saudi Arabia and Russia have today,
- Customers for high energy imports will be drawn from Europe as well as the South-East Asian countries like Singapore, Philippines, Japan and Vietnam
- The oil market will shrink by 20% in 2030 and since almost half of Saudi Arabia’s GDP comes from oil sales, it will lose significant economic strength, as will countries around it
- Every country’s fossil fuel mix will be significantly depleted by 2030, and many household company names in oil, coal and gas will be gone.
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