McKinsey launches free energy-demand intelligence tool

McKinsey Energy Insights has launched its free Energy Demand Intelligence community tool which enables organisations to forecast energy demand and CO2 emissions for the first time.

Developed with McKinsey’s global network of energy experts, data analysts and the McKinsey Global Institute, the tool uses inputs from 139 countries, 22 sectors and 55 energy sources to help users to build and download long-term energy demand and emissions forecasts.

The innovative platform – which offers free access to McKinsey’s latest data and insights online – enables organisations to forecast primary and final energy demand (after transformation and distribution) and CO2 emissions based on MEI business-as-usual scenario and variables for specific regions, fuels or sectors.

Bram Smeets, Solution Manager, McKinsey Energy Insights, explained: “The energy system is transitioning at an unprecedented speed. Shifting demographics, a redistribution of economic growth, technological progress and climate change policies are all shaping our energy future. In response, decision makers are compelled to rethink their investment strategies to better manage risks and capture growth opportunities.

“EDI Community is more than a forecasting tool. It offers up-to-date data and access to MEI’s base-case scenario – saving users valuable time in their everyday work and strategy building. In today’s uncertain market, a global and granular perspective on the evolution of energy demand to 2050 is needed for companies to navigate with confidence.”

You can access EDI Community via this link.

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