THREE SOURCES AND THREE COMPONENT PARTS GLOBAL ENERGY TRANSITION
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THREE SOURCES AND THREE COMPONENT PARTS GLOBAL ENERGY TRANSITION
Annotation
PII
S023336190028692-7-1
Publication type
Article
Status
Published
Authors
Nikolay Ivanov 
Affiliation: The Gubkin Russian State University of Oil and Gas
Address: Russian Federation, Moscow
Edition
Pages
15-23
Abstract

The transformation of the world economy towards the preferential use of energy resources with a low carbon footprint, called the global energy transition, began in the second decade of the 21st century and has been gaining momentum since then. We can identify three main drivers of the energy transition:

1) American shale revolution, which provided a new source of oil and gas and expanded psychological

boundaries of technological progress;

2) international climate policies that set low-carbon development for countries and companies;

3) development of production technologies, delivery and use of liquefied natural gas, which promotes the convergence of regional gas markets and provides additional flexibility to energy systems.

Keywords
energy transition, shale revolution, climate policy, gas, oil
Received
21.11.2023
Date of publication
22.11.2023
Number of purchasers
10
Views
58
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0.0 (0 votes)
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References

1. Ivanov N.A. Slantsevaya Amerika: ehnergeticheskaya politika SShA i osvoenie netraditsionnykh neftegazovykh resursov. M., 2014. S. 269.

2. Fagan M. Sheikh Yamani predicts price crash as age of oil ends. The Telegraph. 25 Jun 2000. URL: http:// www.telegraph.co.uk/news/uknews/1344832/Sheikh-Yamani-predicts-price-crash-as-age-of-oil-ends.html

3. URL: https://www.weforum.org/reports/the-globalrisks-report‑2020

4. URL: https://www.weforum.org/global-risks

5. Ivanov N.A. Ehnergoperekhod v usloviyakh pandemii COVID‑19: monografiya. M, 2021.

6. URL: https://www.eia.gov/outlooks/archive/aeo08/pdf/0383 (2008).pdf

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