The global energy transition is happening—are you ready?

Make the transition ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

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Share this email Share this email on LinkedIn   Share this email on Twitter   Share this email on Facebook   New from McKinsey & Company Rapidly evolving energy demands means businesses need to start pivoting now Commodity prices and supply chain concerns have spiked amid a global pandemic, the conflict in Ukraine, and a confluence of long-term trends. Nevertheless, the global energy transition continues to evolve and gain momentum across sectors—threatening to leave behind businesses that fail to decarbonize fast enough. As the world pivots to low-carbon resources, the global energy demand for electricity could triple to 50 percent by 2050, and fossil fuel demand could peak as soon as 2023—primarily driven by increased electric vehicle uptake. From the oil industry to nascent technologies and renewables, find out how sectors around the world can successfully make the net-zero transition. Read more Global Energy Perspective 2022 We’re in the midst of an energy transition that continues to evolve. Understand the dynamics   Decarbonizing the world’s industries: A net-zero guide for nine key sectors The sectors that produce the majority of global greenhouse-gas emissions face a steep challenge to decarbonize, but our research shows that solutions are within reach. In many cases, a transformation is well underway. This collection draws together articles and reports that lay out a pathway to net zero for nine emissions-intensive industries. Understand the options   Outsprinting the energy crisis High energy costs are hitting Europe's industrial players hard. Bold action could protect margins today and make companies cleaner, stronger, and more profitable for the future. Take action now   Can the automotive industry scale fast enough? The rapidly increasing uptake of electric vehicles could transform the automotive ecosystem and promote even greater innovations. For that to happen, two imperatives need attention now. Speed up   Blue carbon: The potential of coastal and oceanic climate action Nature-based climate solutions in the world's oceans can play an important role in conservation and carbon abatement efforts worldwide. Protect natural resources   Strategies for OFSE companies confronting the energy transition The oil-field-services-and-equipment sector has steadily declined for more than a decade. Companies can consider three broad strategies to revive their fortunes and chart a pathway for the future. Act swiftly   FROM THE BLOG Ethanol and corn markets: Impact from the E15 gasoline waiver Following an announcement by the White House several weeks earlier, the US Environmental Protection Agency (EPA) released a waiver on April 29 to allow the sale of E15 gasoline this summer. What’s ahead   Snapshot of global oil supply and demand: March 2022 Our dashboard explores key short-term signposts impacting oil demand, supply, and prices. Get updated   Reflecting on 2021 global LNG and European pipeline flows Over the past year, liquefied natural gas (LNG) prices reached an all-time high. An analysis of the data identifies key insights into the implications for the LNG industry for 2022 and beyond. Understand the implications   The global energy landscape is going through major shifts: What does this mean for value pools in energy? The world's energy systems are undergoing rapid transitions triggered by simultaneous shifts in technological development, regulations, consumer preferences, and investor sentiment. 4 scenarios   To see more essential reading on topics that matter, visit McKinsey Themes. — Curated by Molly Liebergall, a digital editor based in New York Follow our thinking McKinsey Insights - Get our latest thinking on your iPhone, iPad, or Android Share these insights Did you enjoy this newsletter? Forward it to colleagues and friends so they can subscribe too. Was this issue forwarded to you? Sign up for it and sample our 40+ other free email subscriptions here. This email contains information about McKinsey’s research, insights, services, or events. By opening our emails or clicking on links, you agree to our use of cookies and web tracking technology. For more information on how we use and protect your information, please review our privacy policy. You received this email because you subscribed to our Energy, Resources & Materials alert list. Manage subscriptions | Unsubscribe Copyright © 2022 | McKinsey & Company, 3 World Trade Center, 175 Greenwich Street, New York, NY 10007