Equinor – Energy Perspectives 2021: An uncertain future

As the world begins to show the first signs of recovery from the global pandemic, the scope and direction of that recovery has been brought into the spotlight. The decisions we make now will have profound affects on the future of economies, societies, and the global energy landscape.

Energy Perspectives presents three different paths from where the world is today, all the way to 2050, and shows where our decisions may lead.


Energy Perspectives is an independent report prepared by Equinor analysts and presented by our chief economist, describing three possible development paths for the world economy, international energy markets and energy-related greenhouse gas emissions.

This year’s Energy Perspectives report was published on June 10, at a live streamed event, open for all. You can download the presentations and the reports below.

Energy Perspectives presents three distinct scenarios for future energy demand, to provide a platform for debate and decision making, based on quantitative analysis. These scenarios are not predictions, but possible paths towards 2050, based on the choices we make.

Join Eirik Wærness, Senior Vice President and Chief Economist in Equinor and Pål Eitrheim, Executive Vice President for Renewables in Equinor, live at the launch of Energy Perspectives 2021.

The three scenarios, Reform, Rebalance and Rivalry, show a wide outcome space driven by a variety of factors, ranging from economic growth and technological development, to climate policy and geopolitics.


We are on our way out of the pandemic, but how will the energy markets be affected? What must be changed in the way we produce and consume energy in order to achieve global climate goals?

Background to Energy Perspectives 2021


An energy transition is a matter of urgency. The discussions on our common energy future have never been more relevant, particularly during the Covid-19 crisis.

Press release 10 June on Energy Perspectives

At the center of Energy Perspectives is a recognition of the massive changes global energy markets will go through over the next thirty years.

If the climate targets set out in the Paris agreement are to be met, international cooperation between governments, innovation across industries, and profound changes in consumer behavior, will be required. These changes are far from certain.

Energy Perspectives addresses these challenges and offers insights that can inform discussions and build a greater understanding of the decisions the world faces.

Energy Perspectives aims to address relevant topics and questions in order to create engagement and promote debate on the many opportunities and challenges associated with the energy transition.

For downloading reports and presentations please visit here.