The global transition to renewables is accelerating.
Change is happening faster than expected.
Those being left behind are facing increasing financial risks.
This paper summarises the key events across worldwide energy markets in 2016 and highlights three notable trends driving a rapid transformation of the global energy economy. Policy-makers, corporations and investors who disregard this historic, technology-led movement do so at their peril and with the likelihood that they will carry growing stranded-asset risk as this widening market shift picks up speed.