Market outlook from Statoil

Today Statoil publishes its annual Energy Perspectives report outlining the analysis of macroeconomic and energy market developments towards 2040.

“Global economic development will continue to drive energy demand. At the same energy efficiency improvements, fuel mix changes and a changing economic structure give a decline in the OECD countries’ energy demand between now and 2040”, says Statoil’s Chief economist Eirik Wærness. 

Energy Perspectives 2014 analyses three different scenarios for the development from 2011 to 2040, to illustrate the major uncertainties in modelling long-term developments. 

  • The Reference scenario, where already decided energy and climate policies, as well as ambitions and targets, and our forecasts on likely developments in policy measures are the starting point for the modelling.
  • The Low Carbon scenario, where more comprehensive energy and climate policies are applied to incentivize a more rapid increase in energy efficiency, green growth and technology development.
  • The Policy Paralysis scenario, where protectionism and geopolitical rivalry lead to lower growth, a less green energy mix and lower energy efficiency.

 

 

Visit Statoil here for the full outlook and video.

Associated companies:


Related news

Latest news

New contract: Windcat 41 - no 17 in the Servogear series

Servogear announces the signing of a new contract with Windcat Workboats BV for the delivery of Servogear Controllable Pitch Propellers (CPP)  for their new vessel Windcat 41. 

Seacat Enterprise to be launched January 12th

Seacat Services, is preparing to launch its first High Speed Utility Vessel (HSUV), Seacat Enterprise at January 12th.

Norsafe Signs Contract with the Swedish Coast Guard (KBV)

On Wednesday 21st December, Norsafe signed yet another new contract with the Swedish Coast Guard (KBV) to deliver nine new Magnum 750 MKII boats.

A Unique Second-generation Tomograph is Developed

A new gamma-ray tomograph designed to image up to 4” diameter pipes, is developed by CMR Prototech for the Saskatchewan Research Council (SRC) in Canada.

Sohome launches a new website

Sohome has launched a new website that makes it easier to find key information. 

Sohome AS receives orders for Johan Sverdrup Project

Sohome AS is proud to be a sub-contractor to Intelecom AS for the Johan Sverdrup Project. 

New 55'' Ultra High Definition Chart and Planning table passes Type Approval testing

Most advanced maritime display system ever produced, the 55'' Ultra High Definition Chart & Planning table, enables Integrated Bridge System manufacturers to develop new multi-data solutions.

Norsafe's experience in the Polar Code Pays Off

In readiness for the introduction of the Polar code, Norsafe has become the first LSA supplier to have executed full scale tests and trials 

Øglænd System Group winner of Business of the Year Award

Øglænd System Group won the Business of the Year Award in the Stavanger-region 2016.