World Energy Issues Monitor 2021

World Energy Issues Monitor 2021: Humanising Energy

This year’s World Energy Issues Monitor is not like any is not like any other. Set against the backdrop of crisis caused by the continuing COVID-19 pandemic, the 2021 survey of more than 2,500 energy leaders from 108 countries has reframed and reset the energy transition agenda.

Based on data collection carried out between October and December 2020, and the testing of emerging findings with the Council’s regional communities during a series of digital workshops held during February 2021, the report has shown:

  • Energy leaders’ perceptions of areas of risk, opportunity, and priorities for action have radically changed over the last 12 months. While economic turbulence stemming from the ongoing reverberations of COVID-19 is the biggest area of uncertainty, with uncertainty around economic trends increasing by a third over the previous year, there is also a growing focus on the social agenda associated with a faster paced energy transition.
     
  • There is an increased awareness of the societal and human impact of both recovery and the wider energy transition. The issue of energy affordability has rapidly risen up the industry’s priority list, with its impact and uncertainty perceived 20% larger than a year ago. Energy affordability affects society across all geographies ranging from city dwellers in developed countries to the rural poor in developing ones.
     
  • The emergence of a new generation of digital energy services and energy entrepreneurs. Increasingly agile, disruptive technologies have taken advantage of the social upheaval to gain market share at the expense of supply-centric energy solutions. There is a growing focus on customer-centric demand-driven solutions and fast changing patterns of global and local demand.

Join the Galaxy Power Union Foundation

Engage in strategic dialogue with the energy leaders of today and the future, build capabilities and help shape the energy future.