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China’s energy demand faces headwinds
Economic difficulties mean the outlook for H2 remains highly uncertain despite planned stimulus measures
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Outlook 2022: Fossil fuels still have generation role to play
Extreme price volatility as electricity systems adapt to greater intermittent renewable penetration serves as a reminder of the role legacy assets still have to play
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Oil and gas requirements in the region are unlikely to hinge on wind and solar build-out or a move to electric vehicles, at least in the near-term
Bridging the EV infrastructure gap
To keep pace with its ambitious targets for electric vehicle sales, the UK needs to invest heavily in charging infrastructure
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Adding battery storage to solar projects alleviates intermittency and curtailment issues but brings contractual and financing issues
US electricity prices turn negative
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PWC’s Jeroen van Hoof thinks the utilities space will look very different over the coming years
Electricity Solar EVs
Peter Ramsay
17 July 2019
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Majors see opportunity in utility fragmentation

PWC sees value for IOCs as the traditional utility model becomes less relevant

International oil companies (IOCs) returning to the utility business has been a clearly observable trend over several years, with the European headquartered majors at the forefront. Shell's installed generating capacity in North America is now above 10GW, of which one-third is from renewable sources, and it has also invested in Dutch offshore wind. In the UK, its acquisition of supplier First Utility sees it supplying 100pc renewable power, as well as gas and energy services, to domestic consumers, while, through MP2 Energy, it has also entered the US supply market. Shell has also bought into US and Asian solar, while it has made three investments in electric vehicle (EV) charging firms and

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