Defining Measures to Accelerate the Energy Transition
The triple challenge of providing secure, affordable and sustainable energy systems – the so-called Energy Trilemma – has never been more complex.
The energy sector is racing to meet global energy demand while also addressing evolving public and government expectations. At the same time, to meet changing climate and energy goals, governments are striving to support engagement, coordination and innovation within the energy industry and across the economy to drive the necessary changes in energy supply and demand.
The 2016 annual report, World Energy Trilemma: Defining Measures to Accelerate the Energy Transition, prepared by Oliver Wyman, Marsh & McLennan’s Global Risk Centre, and the World Energy Council, highlights how governments and businesses are translating the energy trilemma goals into tangible action.
The report identifies five focus areas to drive progress on the Energy Trilemma:
DEFINING MEASURES TO ACCELERATE THE ENERGY TRANSITION
- Transforming and diversifying energy supply
- Advancing energy access with expanded energy infrastructure
- Enabling consumer affordability and industry competitiveness
- Improving energy efficiency and managing energy demand across the economy