The energy industry is complex, and understanding the major trends changing the industry can be challenging. Investors, policy-makers, business people and other interested stakeholders require clear information about the evolution of the energy system to inform present decisions, which can have long-lasting effects.
This White Paper provides a framework for navigating the mosaic of often conflicting narratives for how the energy system is evolving. The two very different narratives about the energy transition are: Gradual and Rapid. This paper summarizes the main ways in which they differ and what to look for over the course of the next decade to see which narrative is playing out.