Energy is integral to the economy. Industry relies on power to produce goods and services and move them from place to place. People depend on affordable and readily available energy in order to live and work.
Effective energy policy is a key tool in the battle against climate change as economies are compelled to move away from fossil fuel-based energy to a low- and zero- carbon system. However, while the world is still largely fossil fuel dependent, energy will remain a critical geopolitical issue as the centres of fossil fuel production and consumption fluctuate over time.
You need to understand the range of impacts of energy policy under different scenarios on greenhouse gas emissions, jobs, energy prices and the wider economy. We can advise on the effectiveness of different levels of ambition in the transition to low- and zero-carbon, as well as the impact of the transition on economies which are reliant on fossil fuel production.
Some challenging questions we can help you answer:
- What is the impact of an accelerated energy transition on economic activity and jobs in a given country?
- What policies might be required to realise a zero-carbon electricity generation system by 2050?
- What are the impacts on wholesale energy prices of the transition?