Low profits and energy transition delays, the impact of elections on climate objectives, our global power market outlook, and Ruwais LNG analysis.
Wood Mackenzie
Wood Mackenzie is the leading global data and analytics solutions provider for the energy transition.
Are voters turning their backs on the EU’s 2030 climate objectives?
European voters just threw a spanner in the works of the EU’s 2030 decarbonisation targets. Last month’s European parliamentary elections saw a dramatic shift in power to nationalist and populist parties, which tapped into, among other issues, voter scepticism over the pace and sheer cost of the energy transition.
Our Chairman Simon Flowers and Vice Chairman Gavin Thompson discuss the impact of the elections on tackling climate change in the latest edition of The Edge. Read it here.
The global power market outlook: can global power generation keep up with the energy transition?
Global power demand is set to rise significantly as the energy transition progresses, with electric vehicles, decarbonised heating, artificial intelligence processing and green hydrogen all contributing strongly. But can power generation keep up, and what are the implications for supply and prices for different regions??
In our regional power Strategic Planning Outlooks, Wood Mackenzie’s expert local analysts explore the road ahead for power markets across Asia Pacific, North America and Europe.
The full report includes an in-depth exploration of the implications of higher demand for the investment landscape by region, sector and technology, as well as analysis of what it means for prices.?Read our summary here, or fill in the on-page form to download the report in full.
Why is Ruwais LNG an attractive position for the selected partners?
Ruwais LNG is a two-train 9.6 mmtpa project located in the industrial city of Ruwais in Abu Dhabi. Sanctioned by ADNOC last month, the project will nearly triple UAE’s existing LNG production capacity.
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On 10 June, it was confirmed that BP, Mitsui &Co, Shell and TotalEnergies will take a 10% stake in Ruwais LNG. ADNOC will retain a 60% stake and serve as the lead developer and the operator.
Sean Harrison , Research Analyst - Gas & LNG, discusses how involvement in Ruwais LNG aligns with the project partners’ LNG strategies. Learn more here.
Are low profits to blame for the energy transition lagging?
On our latest episode of The Energy Gang, Ed and Melissa are joined by author of The Price Is Wrong Brett Christophers to dissect the main points of his book: the challenges and obstacles faced by renewable energy projects in terms of profitability and investment, and the true impact of these on progressing the energy transition.
Christophers says that low returns in renewables are a result of competition, volatility in wholesale power markets, and the design of energy markets – ‘returns are lower in renewables because there’s too much money chasing too few projects.’
Listen to the full episode on woodmac.com, Spotify or Apple Podcasts.
Join us at the Gas, LNG & The Future of Energy Conference from 22-23 October in London and learn how can the gas and LNG industry help solve the energy quadrilemma.
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Investigador en Sistemas de Seguridad Electrónica y Telecomunicaciones
8 个月I find it very unfortunate that having this technology available no one seems to care, not even those who work "for" the environment... I am a humble winner of the gold medal of the World Intellectual Property Organization (WIPO) and I have a project in favor of the environment. It is a filter that adapts to the exhaust pipe of motor vehicles. This filter forces carbon monoxide and the rest of the ultra-fine particles to mix with water in a container designed for this purpose. After 8 days of operation, that water with a high degree of carbon and dissolved particles can be used as fertilizer for plants since carbon and particles pollute if they are poured into the air but they fertilize the land because that is where they belong; With the implementation of this technology, the millions of vehicles that pollute the air daily should be intelligently recycling their emissions. The internal combustion engine is a great invention but it unfortunately pollutes the air, the filter in the exhaust pipe constitutes the industrial design that closes the gap between what is and what should be. I don't like climate change and this is my contribution. [email protected]