Articles
1 March 2021
UN carbon market stuck in legal limbo
Following the postponement of Cop26, offset developers and investors must wait many months for uncertainty to be resolved
1 March 2021
Supersize offshore wind buildout stymied by lack of vessels
Ships suitable for transporting the new generation of huge wind turbines are in short supply, but oil & gas EPC contractors are being attracted to the market
1 March 2021
Rising oil prices help IOCs transition
Oil companies will have more cash available to invest in alternative energy, but high-target valuations mean M&A may be minimal
26 February 2021
For EVs to succeed, Tesla’s market share must fall
Consumers demand choice and traditional manufacturers have started to provide it
26 February 2021
BP and Chevron invest in geothermal startup Eavor
CEO of Canadian firm expects other majors to invest in the sector, which is benefiting from a technological renaissance
26 February 2021
How JPMorgan Chase is pursuing a net-zero future
Global head of sustainability and energy of global real estate Alec Saltikoff explains to Transition Economist how the US bank is pursuing its target
25 February 2021
Biden shines spotlight on climate
International collaboration will be crucial to achieving the Democrat government’s bold climate agenda
25 February 2021
Oil-dependent developing nations face huge shortfall
The energy transition means that countries such as Nigeria and Ecuador will suffer falling revenue and need to start preparing a strategy
25 February 2021
Necessity drives Iraq’s decarbonisation plans
Chronic, acute power shortages are spurring efforts to develop renewables and capture flared gas
25 February 2021
Carbon price drives European coal-to-gas switch
The surge in carbon prices in recent months is having disproportionate impact on carbon-intensive coal, prompting operators to switch to gas wherever possible
24 February 2021
Behavioural change key to energy transition—IP Week
The electrification of the automotive sector shows that consumers can be guided to make transition-aligned choices when viable options are available
24 February 2021
No magic bullet to get us to net-zero carbon—IP Week
Too much weight is being put on CCS and offsets to decarbonise the energy sector
24 February 2021
Energy transition drives growing cyber threats
Cyber threat actors are increasingly targeting renewable energy providers and other CNI installations to gain strategic advantage or financial gain, as an attack on a US water treatment plant has brought starkly into focus
24 February 2021
South Korea wind ambitions require grid overhaul
Plans for the world’s largest offshore wind project will necessitate government support for expensive infrastructure improvements
23 February 2021
IOCs must clarify strategies to retain investors – IP Week
Investors are nervous about energy companies’ ability to chart a path through complexity to zero-carbon future
23 February 2021
Neptune sees near-term potential for Dutch CCS
Once the parameters are established, the Netherlands’ offshore gas infrastructure could be capturing material volumes of carbon by mid-decade
23 February 2021
The Texas power disaster and the end of energy ideology
The Lone Star State will need to think hard about whether it wants to maintain an independent electricity grid following the devastating failure last week
23 February 2021
Growing scale of offshore windfarms attracts IOCs
Projects in deeper waters and at higher specifications are more closely aligned with the offshore oil and gas industry’s strengths and provide portfolio decarbonisation benefits
22 February 2021
Israel raises its renewables sights
Government is now in a race to meet newly ambitious clean energy targets
22 February 2021
Lithium price surge fuels mining innovation
Demand from electric vehicle manufacturers and potential to provide batteries for renewables-powered grids ensures demand remains high
22 February 2021
S&P Global Platts launches integrated energy transition platform
The 100-year-old commodities analytics company is bringing price transparency to the energy markets of the future
19 February 2021
Repsol pins continued losses on pandemic
Spanish firm highlights oil and gas price slump as cause of earnings woes during year in which it drilled new wells and put a big bet on renewables
19 February 2021
UK pension funds call for climate risk transparency
PLSA head says institutional investors will put more pressure on oil and gas companies to improve their practices
19 February 2021
Ukraine’s EU power plan impeded by subsidy backsliding
Kiev wants to modernise and decarbonise its power sector—but is scaring investors away by retroactively cutting subsidies for renewables
18 February 2021
Outlook Live: Energy transition requires investors to reassess risks
New energy transition technologies have brought with them a different set of risk factors for investors to understand
18 February 2021
Is renewables trading The New New Thing? – part three
The excitement surrounding renewable energy trading and markets appears to have much in common with the dot-com bubble of the 1990s. This third instalment considers the markets for gas and nuclear power
18 February 2021
No time for oil services to have ‘heads in the sand’
Firms are at a strategic crossroads over whether to focus solely on hydrocarbons or pivot towards low-carbon energy sources, according to PwC
18 February 2021
E3 Metals leads Canadian ‘green’ lithium charge
Canada’s vast unconventional wastewater brine resource base means it is likely to become a major producer on the global market
17 February 2021
Is renewables trading The New New Thing? – part two
The excitement surrounding renewable energy trading and markets appears to have much in common with the dot-com bubble of the 1990s. This second instalment investigates the skills required of market participants
17 February 2021
Shell sees common trends in its transition scenarios
Certain themes dominate across the range of the major’s view of potential futures
16 February 2021
Is renewables trading The New New Thing? – part one
The excitement surrounding renewable energy trading and markets appears to have much in common with the dot-com bubble of the 1990s. This first instalment examines the historical similarities
16 February 2021
Collaboration key to O&G renewables push
Renewables companies have enough capital without IOC investment, and collaboration as well as M&As will be vital for IOC looking to gain marketshare
15 February 2021
UK CCS clusters vie for first-phase funding
Six clusters have been developed—but not all of them meet the ideal criteria for the initial round of state funding
15 February 2021
Qatar belatedly turns attention to LNG emissions
The world’s leading LNG exporter is tackling its equally pre-eminent CO2 emissions
12 February 2021
UK updates delayed ETS plan, while utilities rely on EU
UK carbon market delays mean domestic utilities are calling on the EU ETS to fulfil their requirements
12 February 2021
Shell’s van Beurden reassures investors on climate pledges
CEO says reducing emissions will not hamper upstream operations and future profitability lies in working more closely with customers
12 February 2021
Pension providers shorten timescale for decarbonisation
The UK’s biggest pension schemes are setting sweeping targets for reducing the emissions associated with their investment portfolios
12 February 2021
Shift to electric vehicles not fully charged
The build-out of EV chargers in the EU risks diverging from political ambition while trailing an expected vehicle sales boom
11 February 2021
‘Protective’ border carbon tariffs gaining currency
EU edges closer to import duties based on carbon content amid concern about impact on international trade
11 February 2021
US fuel economy standards set for major shift
President Biden is very likely to at least partially reinstate Obama-era Cafe standards while California is on the verge of regaining the ability to set its own standards
11 February 2021
Shell fleshes out zero-carbon timeline
Revenue from oil and gas will be needed to pay for its transition into a greener company
11 February 2021
IEA: India set to become major solar centre
Solar could become the main source of electricity generation in India within a decade—if intermittency can be managed
10 February 2021
Outlook Live: Governments key to unleashing O&G transition effort
Regulators must provide a stable framework for oil and gas companies to invest, if their expertise is to be fully utilised
10 February 2021
Headwinds for EU green standards
Member states are pushing for a rethink of the proposed sustainable reporting criteria, including for coal-to-gas and biofuels
10 February 2021
Total’s transition strategy starts to bear fruit
French major recorded a loss for the pandemic-hit year but made important advances in renewables
10 February 2021
EU carbon price nears €40 as speculators move in
The surge in trading cannot be explained by fundamental demand from utilities
9 February 2021
Port of Rotterdam mulls bio-LNG plant
Europe’s largest port wants to expand into bio-LNG production and bunkering, expecting demand for LNG as a marine fuel to continue to rise
9 February 2021
S. Korean solar sector resumes legal battle against biomass
Solar industry says biomass subsidies are unconstitutional amid doubts over decarbonisation credentials
9 February 2021
How majors can thrive in the age of transition – part four
Oil and gas majors need to comprehensively reimagine their future, ending the central role played by fossil fuels and plastics in the economy globally. This installment examines the long-term evolution of organisations
8 February 2021
Majors win big in UK’s latest offshore wind round
BP and Total enter consortiums as part of a strategy to pivot towards renewables
8 February 2021
Pressure grows on industry to produce ‘green LNG’
The industry needs to reduce the emissions associated with natural gas for it to preserve its role in the energy mix and energy transition
8 February 2021
Shell Q4 results seal dismal year
Steep losses from the oil crash of 2020 were expected and eyes have already turned to renewables strategy
8 February 2021
Direct air capture technologies vie for pre-eminence
Capture and storage of CO2 is attracting interest from non-energy corporations seeking to achieve net-zero emissions
8 February 2021
How majors can thrive in the age of transition – part three
Oil and gas majors need to comprehensively reimagine their future, ending the central role played by fossil fuels and plastics in the economy globally. This installment examines medium-term strategies including broadening companies’ product portfolios
5 February 2021
Majors making progress on methane emissions
ExxonMobil is the latest to announce progress on tackling upstream emissions of the potent greenhouse gas, and many are strengthening their commitments
5 February 2021
How majors can thrive in the age of transition – part two
Oil and gas majors need to comprehensively reimagine their future, ending the central role played by fossil fuels and plastics in the economy globally. This instalment examines short-term strategies, including the preserving the social licence to operate
5 February 2021
South Africa set to abandon new coal as banks withdraw
Environmental activism has proved key in derailing state plans to develop more coal-fired power stations
4 February 2021
How majors can thrive in the age of transition – part one
Oil and gas majors need to comprehensively reimagine their futures, ending the central role played by fossil fuels and plastics in the economy globally. This first instalment introduces fundamental principles
4 February 2021
Pioneering open AI initiative launched for energy sector – Baker Hughes AM 2021
Microsoft joins leading energy and technology organisations to develop an AI open ecosystem that will help advance the transition to net-zero
4 February 2021
Geothermal power set to rise in Canada
Technology capable of generating power from lower water temperatures is opening up substantial potential
4 February 2021
BP committed to transition pathway, despite loss
CEO Bernard Looney is confident the business is bouncing back from pandemic impact even though profitable renewables projects remain hard to source
3 February 2021
CO2 ‘conversion’ key to China decarbonisation
Chinese-Canadian firm says high costs of CCUS can be mitigated if extracted carbon is used to create valuable products
3 February 2021
PE Live: US transition may cost ‘challenging but feasible’ net $1tn
The long-term cost savings from the shift to renewables, after accounting for avoided fossil fuel costs, will offset much of the short-term capex and maintenance costs
3 February 2021
EU set to extend leadership in green bond market
Brexit has not helped the bond issuance capital of Europe, but the UK was already behind the curve
2 February 2021
UK needs to be ‘more aspirational’ in transition roadmap
Rapid delivery at scale of CCUS and hydrogen will depend on government policy, transferrable skills and technology
2 February 2021
Voluntary carbon market faces credibility challenge
To reach maturity critics need to be convinced that decarbonisation is meaningful and permanent
2 February 2021
ExxonMobil launches Low Carbon Solutions business
Major aims to commercialise emission-reduction technology, with an initial focus on extending its involvement in CCS
2 February 2021
CCS could be ‘trillion-dollar industry’ – Baker Hughes AM 2021
Developing carbon capture and storage will be essential to the oil and gas industry remaining relevant
2 February 2021
PE Live: Energy transition is fuelling ‘economic paradigm shift’
A virtuous cycle of falling renewable energy costs means we are progressing into an era of increasing abundance
1 February 2021
Naturgy gets reward for power and renewables pivot
Australian fund manager makes a premium bid based on the firm’s move away from gas, LNG and international expansion
1 February 2021
Energy-based geopolitics could spur new cold war – Baker Hughes AM 2021
US and China appear to be on a collision course, as the global economic power balance shifts
1 February 2021
South Africa, Burundi can help plug global rare earths shortfall
China dominates the global market for materials essential for EV batteries, and manufacturers are seeking to diversify their supply chains
1 February 2021
Romania may pivot from offshore drilling to offshore wind
There is huge potential for offshore wind in the Black Sea, but the new government must quickly adopt a sound regulatory framework if it is to attract investors.
29 January 2021
Regulation set to be biggest challenge facing wind sector
DNV GL – Energy CEO foresees offshore wind boom, with improving electricity storage helping renewables claim bigger share of the energy mix
29 January 2021
Biden’s climate stance spurs business interest in CO2 pricing
A growing number of companies and business associations have expressed support
28 January 2021
Stormy weather ahead for energy transition M&A
Strategic M&A deals are always fraught with risk, and there will be too many oil and gas companies chasing too few transition-focused targets
28 January 2021
Creating value from carbon dioxide
Rather than treating CO2 as a waste biproduct, the CEO of C4X Technologies says converting CO2 into valuable products could dramatically reduce the timeline to net-zero
28 January 2021
Biden moves fast on climate plan
The president has signed a series of executive orders to advance his climate policies, but Senate Republicans remain an obstacle
28 January 2021
Understanding carbon intensity of oil will help producers address energy transition
Fossil fuels will play a major part in global energy supplies for decades to come, meaning the industry and policymakers must focus on how to encourage the lowest-carbon intensive sources
27 January 2021
Oil majors face credit downgrades amid rising investor pressure
S&P has placed 13 IOCs, including ExxonMobil and Shell, on negative watch, while investment giant BlackRock warns of ‘tectonic shift’
27 January 2021
Energy transition at forefront of EU diplomacy
The EU Council intensifies diplomatic efforts on energy pursuant to the EU’s rising global climate ambitions
26 January 2021
Pavilion prepares for carbon neutrality as normal
The Singaporean firm is laying the foundations for when carbon-neutral LNG will be a requirement
26 January 2021
Japan’s unseasonal curb highlights power instability
Energy supply is still missing its nuclear ‘third leg’ and a huge expansion of renewables is urgently needed
25 January 2021
Repsol to expand aviation biofuel production
Spain’s leading refiner sees low-carbon fuel manufacturing as key to achieving its emissions targets
25 January 2021
Biden embarks on difficult journey to ‘green’ America—Davos
The new president’s green agenda will help restore the US as a global force for climate change leadership
22 January 2021
Energy efficiency gains trump renewables—Davos
The importance of energy efficiency is overlooked but is crucial to tackling climate change, according to Luxembourg’s energy minister
22 January 2021
Whole economy must decarbonise, not just power—Davos
The ‘other 75pc’ of the global economy needs to help the world get to net-zero, and the financial sector should help facilitate progress
22 January 2021
Kazakhstan backslides on renewables push
Despite huge potential for every major form of green power, the government is increasingly reluctant to phase out coal
21 January 2021
Sasol stakes its survival on coal replacement and green H2
The South African company—which makes synthetic fuels from coal—is struggling to survive in a low-carbon world
21 January 2021
Net-zero drive triggers surge in voluntary offset interest
Voluntary carbon offsets permanently retire allowances and therefore verifiably lock in climate benefits
21 January 2021
Cop26 is first big post-Brexit test for ‘Global Britain’
Completion of Article 6 arrangements for emissions trading is the central challenge
20 January 2021
Blockchains could take a key role in clean energy trading—Davos
Distributed ledgers can bring many benefits to energy markets and solve some of the most difficult problems associated with the transition
20 January 2021
Aviation calls for synthetic blending quotas, tax incentives
Synthetic kerosene prices will fall as production capacity increases and renewable electricity costs decline—but low-margins mean the aviation industry requires help to go green
20 January 2021
Holistic approach needed to achieve net-zero facilities
Tackling the emissions associated with upstream facilities requires attention across working practices, facility design and technology
20 January 2021
European IOCs sticking with API for now
Total’s exit from the influential US oil and gas lobby will not spark an immediate exodus by its peers
20 January 2021
UK’s emissions market risks falling short
Standalone system will be just 10pc as large as its EU equivalent, and important details have not been announced
19 January 2021
Market reform key to African transitions
Outdated energy trading models must be replaced with ones that are more competitive and suitable for renewables if the continent is to attract the investment it needs for the energy transition
19 January 2021
Aker Horizons takes majority stake in Mainstream
Mainstream Renewable Power pushes ahead with global construction programme and planned IPO
19 January 2021
Chinese renewables set for bumper year
Commitment to net-zero by 2060, combined with interim targets, has bolstered confidence within the wind and solar sectors
19 January 2021
Cautionary tales of climate change
Well-intentioned policies can have profoundly damaging consequences. Hopefully, the world takes note as it seeks to meet the Paris goals
Sign Up For Our Newsletter
Project Data
Maps
PE Store
Social Links
Social Feeds
Featured Video