1 June 2010


Antony Froggatt

Antony Froggatt

Senior Research Fellow, Energy, Environment and Resources
Glada Lahn

Glada Lahn

Senior Research Fellow, Energy, Environment and Resources


  • Businesses which prepare for and take advantage of the new energy reality will prosper - failure to do so could be catastrophic
  • Market dynamics and environmental factors mean business can no longer rely on low cost traditional energy sources
  • China and growing Asian economies will play an increasingly important role in global energy security
  • We are heading towards a global oil supply crunch and price spike
  • Energy infrastructure will become increasingly vulnerable as a result of climate change and operations in harsher environments
  • Lack of global regulation on climate change is creating an environment of uncertainty for business, which is damaging investment plans
  • To manage increasing energy costs and carbon exposure businesses must reduce fossil fuel consumption
  • Business must address energy-related risks to supply chains and the increasing vulnerability of 'just-in-time' models
  • Investment in renewable energy and 'intelligent' infrastructure is booming. This revolution presents huge opportunities for new business partnerships


This is a selection of media coverage the paper generated.

Peak oil vs supply crunch - or both?, Financial Times, July 12 2010

Lloyd's adds its voice to dire 'peak oil' warnings, The Guardian, July 11 2010

'Deep uncertainty' about future energy resources, Today Programme, BBC Radio4, June 8 2010

Lloyd's: ditch oil, invest in renewable energy, New Scientist, June 8 2010

The BP oil spill demands we move beyond petroleum, The Observer, June 6 2010

Business can't rely on oil after Deep Horizon, The Times, June 4 2010