2020 was an unprecedented year, with immediate and significant impact on all aspects of the energy sector. At the same time, the snapshot of reduced oil demand, high penetrations of renewable energy, and improved air quality validated decades of hypotheses of the challenges the energy sector will face during the energy transition.

Despite the economic and social turmoil, the year was also a turning point for the energy transition with record growth of renewable energy and significant commitments towards decarbonization from many of the world’s largest economies. In this report, the Lux Energy Team revisits its 2020 predictions, highlights major developments, and gives its predictions for 2021.

Download the executive summary to learn more.

 

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About Lux Research

Lux Research is a leading provider of tech-enabled research and advisory solutions, helping clients drive growth through technology innovation. A pioneer in the research industry, Lux uniquely combines technical expertise and business insights with a proprietary intelligence platform, using advanced analytics and data science to surface true leading indicators. With quality data derived from primary research, fact-based analysis, and opinions that challenge traditional thinking, Lux clients are empowered to make more informed decisions today to ensure future success.

Executive Summary

Owning the Energy Transition: Key Developments and Predictions for 2021

By:

Senior Director

Principal Analyst

Managing Director, Consulting

2020 was an unprecedented year, with immediate and significant impact on all aspects of the energy sector. At the same time, the snapshot of reduced oil demand, high penetrations of renewable energy, and improved air quality validated decades of hypotheses of the challenges the energy sector will face during the energy transition.

Despite the economic and social turmoil, the year was also a turning point for the energy transition with record growth of renewable energy and significant commitments towards decarbonization from many of the world’s largest economies. In this report, the Lux Energy Team revisits its 2020 predictions, highlights major developments, and gives its predictions for 2021.

Download the executive summary to learn more.

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Owning the Energy Transition: Key Developments and Predictions for 2021

By:

Senior Director

Principal Analyst

Managing Director, Consulting

About Lux Research

Lux Research is a leading provider of tech-enabled research and advisory solutions, helping clients drive growth through technology innovation. A pioneer in the research industry, Lux uniquely combines technical expertise and business insights with a proprietary intelligence platform, using advanced analytics and data science to surface true leading indicators. With quality data derived from primary research, fact-based analysis, and opinions that challenge traditional thinking, Lux clients are empowered to make more informed decisions today to ensure future success.

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