Over the past two years Lux Research has tracked the energy transition through four key storylines – Power Grid of the Future, Evolution of Oil and Gas, Future Energy Sources for Mobility, Carbon and Emissions Management. As with all stories, the narrative evolves over time and the energy transition is no different. The rise of renewable energy and electric vehicles will lead to significant changes the energy system has not been seen in over a century. Through this change comes new challenges and opportunities as the pace of the energy transition varies by industry, technology, and timeline. To capture this evolution, the storylines inevitably change as well. This report introduces the four new storylines for the energy transition and the team gives its predictions for key developments and trends in 2020.
