The global energy transformation is expected to redraw the geopolitical map of the 21st century. This is because the energy system, which has been based on fossil fuels, is shifting to renewable energy sources.
Energy transformation
Fossil fuels
Fossil fuels have been the foundation of the global energy system for over a century. However, the world needs to transition to clean energy to reduce emissions and avoid price spikes.
Renewable energy
The share of renewable energy in the power sector is expected to increase from 25% in 2017 to 85% by 2050. Solar and wind power generation are expected to be the main drivers of this growth.
Electric vehicles
Electric vehicles (EVs) and heat pumps are expected to become more common in most parts of the world.
Geopolitical impact
New geopolitical reality
The global energy transformation will have a significant impact on geopolitics.
Competing centers of power
Competing centers of power will create their own institutional arrangements for exerting influence.
New geographies
The collision of the Indian and Pacific Oceans, known as the Indo-Pacific, will create new geopolitical realities.
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