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The New Landscape of Global Energy

December 17, 2012 by Iván Martén and Philip Whittaker
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In This Article
  • Changes reshaping the global energy landscape include shifting sources of demand, shortfalls of supply, and scrutiny of environmental impact.

  • Today’s energy landscape is characterized by its growing complexity, its increasing fragility and volatility, and a trend toward higher prices.

  • In the new landscape, producers and consumers need two fundamental capabilities: a sound strategic outlook and the ability to adapt.




The energy sector regularly makes the front pages, not just for its cutting-edge technology and multibillion-dollar investments but also for its price spikes and occasional high-profile accidents. The coverage generally illustrates the strain on the increasingly overstretched global energy system. But beyond the headlines, broader structural changes are reshaping the energy world, among them major shifts in the geographical sources of demand, increasing supply shortfalls, an evolving geopolitical context, and intense scrutiny of the energy industry’s environmental impact.

As a result, today’s energy landscape exhibits growing complexity, increasing fragility and volatility, and a broad trend toward higher prices. These trends pose profound challenges for energy producers and consumers, and businesses must consider how they can adapt and succeed.