Shell’s energy outlook for 2023, which was published earlier this week, points out that the energy transition is not something that can stand on its own, as it is in “a natural balance” with energy security and economics. Within the context of these three elements, five trends are seen as most impactful in the energy sector in 2023.
Nowee highlights that it is a global imperative that the energy transition is “already successful,” thus, to achieve the Paris Agreement goals of limiting global warming to 1.5 degrees this century, “we must collaborate to accelerate. In our collaboration, we must ensure that we are clear about how energy security, energy economics and the energy transition are brought together.”
