World Energy Resources 2016

Sufficient and secure energy is the main enabler for welfare and economic development of a society. As energy-related activities have significant environmental impacts, it is indispensable to provide an energy system which covers the needs of the economies and preserves the environment.

Fundamental structural changes in the energy sector, called energy transitions, occur worldwide. Motivation, objectives and priorities for implementing energy transitions differ, but could mostly be related back to the Energy Trilemma. Securing the energy supply, increasing competitiveness by using least-cost approaches, environmental concerns or a mixture of these aspects are the main drivers.

The diversification of technologies and resources, now applied in the energy sector, creates many opportunities, but the enlarged complexity also leads to increased challenges. With the existing level of volatility, relying on solid facts and data as basis for strategic decision making by the relevant stakeholders, such as governments, international organisations and companies, is becoming even more important than in the past.

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