Peaking: A Theory of Rapid Transition - RMI

The Energy Transition in Europe. The Peaking Series – 1. Theory. The Peaking Series is a new series mapping the vast mountain range of past and current peaks in fossil fuel demand. In country after country, sector after sector, fossil fuel demand has peaked and now faces a …

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FAQs about Peaking: A Theory of Rapid Transition - RMI Coupon?

What is the peaking series?

The Peaking Series – 1. Theory The Peaking Series is a new series mapping the vast mountain range of past and current peaks in fossil fuel demand. In country after country, sector after sector, fossil fuel demand has peaked and now faces a future of decline. ...

What is the theory of peaks?

We set out the theory of peaks in a separate article. This brief describes the empirical evidence for the pattern of peak, plateau, and decline. As a new energy source grows, it causes demand in the old energy source to peak very early in the process of change. ...

When do innovation transitions occur?

Transitions occur when these incentives and dynamics evolve and the innovation scales. Transitions through S-curves can be understood in five phases (see Exhibit 5). When developing transition strategies, it is crucial to understand which phase an innovation is in. ...

What is the energy transition narrative?

In a presentation entitled “The Energy Transition Narrative,” RMI experts Kingsmill Bond and Sam Butler-Sloss present an insurgent view of the energy transition, illustrating how rapid energy technology change is inevitable and beneficial. Falling costs are opening up new markets and opportunities, which are responsive to these changes. ...

What is a transition curve?

The curve is typically described in market share and size and has been observed in many transitions, including cars replacing horses, electric lighting replacing gas lighting, and more. Exhibit 1. ...

How difficult is the energy transition?

The conventional framing for the energy transition is as a long and difficult battle against massive incumbent forces enjoying inevitable growth. Analysts tend to focus on the harder-to-solve sectors and the difficulty of driving change in them. This note sets out a different perspective. ...