Will new technologies change energy markets?—Some “macro” notes

Will new technologies change energy markets?—Some “macro” notesTorbjörn Becker Director of SITE

“Putin does not see the end of the era of hydrocarbons”

“…common goal is to ensure that all people in the world have access to modern energy sources… …many started saying that the era of hydro-carbons was coming to an end…no real reason for such far-reaching conclusion yet. …Mankind is moving towards green energy.”

President Putin at World Energy Congress in Istanbul quotes from pravda.ru

Russia and oil—uncertain future?Russian GDP and oil price

How will geopolitics be affected when technologies change?

7/76/6

1/1

1/1

6/5

2/2

?/?

5/5

6/6

4/5

5/5

4/4

Political freedom/Civil liberty (Freedom House 1 to 7)

Welcome to SITE’s 10th Energy day