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Fostering Effective Energy Transition 2018

<Previous Next>
  • Energy Transition Index Rankings
  • Country Scorecards
  • Press Release
  • Blogs and Opinions
  • Shareable Infographics
  • Foreword
  • Executive summary
  • 1. Context
  • 2. Effective Energy Transition
  • 3. Energy Transition Index (ETI)
    • General findings
    • Recent performance trajectory
    • Different transition pathways
  • 4. Country Energy Transition Roadmaps
    • Peer group comparison
    • Transition roadmaps
  • 5. Way Forward
  • Appendices
    • Complementary efforts
    • Addendum on the methodology
    • Selected country examples
    • Weights, measures and abbreviations
  • Acknowledgements
Fostering Effective Energy Transition 2018   General findings
Home Previous Next
Fostering Effective Energy Transition 2018   General findings
Home Previous Next
Fostering Effective Energy Transition 2018 Home Previous Next
  • Report Home
  • Energy Transition Index Rankings
  • Country Scorecards
  • Press Release
  • Blogs and Opinions
  • Shareable Infographics
  • Foreword
  • Executive summary
  • 1. Context
  • 2. Effective Energy Transition
  • 3. Energy Transition Index (ETI)
    • General findings
    • Recent performance trajectory
    • Different transition pathways
  • 4. Country Energy Transition Roadmaps
    • Peer group comparison
    • Transition roadmaps
  • 5. Way Forward
  • Appendices
    • Complementary efforts
    • Addendum on the methodology
    • Selected country examples
    • Weights, measures and abbreviations
  • Acknowledgements

General findings

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Countries show a wide range of system performance and transition readiness scores. On average, performance scores in environmental sustainability are the lowest, while security and access scores are highest (Figure 3). Differences among different country categories in both system performance and transition readiness are elaborated below.

Comparing performance and readiness shows that countries scoring high on transition readiness are more likely to have high system performance (Figure 4). The relative importance of different transition readiness dimensions is likely to vary, depending on the countries’ specific energy system challenges. However, the absence of enablers along the six dimensions is expected to slow down long-term system improvement. When performing well across regulation, capital and investment, institutional stability, infrastructure and business environment, and human capital, countries are four to six times more likely to rank in the top performance quartile. On the other hand, all 28 countries with the highest measured readiness rank in the top half of the index.

The assessment of system performance and transition readiness scores as well as the recent trajectory between 2013 and 2018 provide three major takeaways:47

  • Countries are moving in the right direction, yet the pace of progress is not sufficient to address the challenges of the global energy system.
  • Transition pathways differ among countries, but lessons can be learned from improving and well-performing countries.
  • Peer group analysis and a country-level indicator assessment can contribute to countries’ transition vision and roadmaps.

Figure 3: Transition readiness versus system performance 

Source: World Economic Forum with support from McKinsey & Company

Figure 4: Performance/readiness matrix

Source: World Economic Forum with support from McKinsey & Company

47
47 Years for comparison (2013 and 2018) refer to the respective ETI results and 2013 data is backdated and used for trajectory analysis only.
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