OIES – From Scarcity to Scale: The New Economics of Energy, Apr 2025

The document discusses the transformation of the global energy landscape from a scarcity-based economy to a scale-based economy.

Key findings include the transition from fossil fuels to renewable energy sources dependent on production technologies, the shift in economic models from Hotelling's rule to a learning curve model where costs decrease with increased production, the change in energy security concepts from fuel import dependency to equipment import dependency, the importance of technological innovations, production scales, and early market leadership, and the transformation of energy-related risks.