What is Deloitte’s assessment of the global supply and demand curve for energy today and going forward?
At this point, most of what we see is consistent with conventional wisdom. There is a tremendous and rapidly growing demand for energy across the globe. We see that the demand for energy will continue, especially in high-growth markets like China. Meeting this demand will require a broad range of solutions from the supply side including traditional sources of energy and new and alternative sources of energy. We will also need to utilize energy more efficiently. How has increased public awareness of the effects of carbon-based energy on global climate change affected energy markets? Has the supply side of the energy curve become more uncertain? Across the energy spectrum there is an increased awareness of climate change, its implications, and the potential impacts on the dynamics of the energy markets. There’s a necessity for the energy industry, across the board, to address these issues. From a supply side, this has created an environment in which significant interest and investment is
