Sarah Ladislaw talked about the new energy paradigm at Global Outlook 2017.

“It sometimes seems as though executives think nothing has changed. But a lot of things have changed in the last few years,” says Sarah Ladislaw.

Ladislaw, Director for the Energy and National Security Program at Center for Strategic and International Studies in Washington DC, made the statement with reference to the energy market.

“There is a new energy paradigm. The change occurred around 2010, so we are well into it,” said Ladislaw, a key speaker at Global Outlook 2017 in Arendal Monday.

She listed five key points that have changed fundamentally from the period 2000-2010 and the period 2010-2017.

  • We used to have an insatiable Chinese energy demand growth. Now we have a slowing Chinese energy demand growth.
  • We used to have an OECD driven energy economy. Now we have a Non-OECD driven energy economy. In the future, the rapidly developing countries will drive energy demand.
  • We have moved from a scarcity and security dominated mindset to a world of abundance across all energy sources.
  • Bigger used to be better. Today, resources are distributed.
  • We have moved from ‘Climate change 1.0’, which was top down to ‘Climate change 2.0’, which is bottom up.

April 18th 2024

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