Low climate mitigation scenario Current policy scenarios In each scenario, APA considered our assets’ role in the transition to decarbonise the global economy, which will critically depend on: — Gas price competitiveness for complementing the rise of renewable energy penetration in comparison to other firming solutions such as batteries and pumped hydro; — The level of incentives for the industrial sector to switch from higher emission fuels (such as oil and coal) to gas, and/or upgrade to more energy efficient technologies; and — The uptake of substitutes for energy intensive industries, such as hydrogen produced using renewable energy.