Energy Blue Print
Scenario for a future energy supply

Moving from principles to action for energy supply that mitigates against climate change requires a long-term perspective. Energy infrastructure takes time to build up; new energy technologies take time to develop. Policy shifts often also need many years to take effect. In most world regions the transformation from fossil to renewable energies will require additional investment and higher supply costs over about twenty years.

oil – production decline assumptions

Figure 4.4 shows the remaining production capacities with an annual production decline between 2.5% and 5% and the additional production capacities assuming all new projects planned for 2012 to 2020 will go ahead. Even with new projects, the amount of remaining conventional oil is very limited and therefore a transition towards a low oil demand pattern is essential.