The European wind market is dynamic: offshore wind is dominating new build-out, onshore assets are changing ownership hands frequently and over 34,000 turbines are at least 15 years old, quickly approaching original life expectancy.
Government and private sector announcements have made it clear; this time hydrogen is here to stay. With no shortage of end users, the Hydrogen Council sees a potential $2.5 trillion market for hydrogen and fuel cell equipment by 2050.
America’s offshore wind market potential just keeps on growing. With a pipeline of 28 GW of projects—of which more than 9 GW could be operational by 2026, now is a critical time for businesses to size up the opportunities in each state and develop a plan to secure market share.
US offshore wind 2021 is America's largest networking hub for businesses that are looking to invest, find partners and secure contracts in multi-billion-dollar projects. Learn about supply chain opportunities, project announcements, regulatory updates, market developments, plus you will network with the key offshore wind decision makers that are leading the industry.
BP, Shell, and Acciona are amongst major players who have launched green hydrogen projects of varying sizes, with the technology proving to be an effective net zero solution. The challenge is, however, how can we produce hydrogen at scale?
The CEO of BP has denied claims that linking job cuts to the energy transition is "greenwashing with a new brush".
SVPs for strategy of Edison International & NRG Energy join Reuters Events ‘Reshaping Energy’ webinar
Reuters Events - today announced the second episode in a new three-part broadcast on Energy Transition. The future energy system will mark a radical overhaul of the energy business ecosystem, with traditional industry diving lines set to be blurred. Speed and timing will be crucial for those looking to stay on the right side of the transition.
It is almost impossible to underestimate the impact of the Covid-19 pandemic. Not only have 13-million-plus cases of infection and more than 570,000 deaths been reported [July 2020], but the virus is still with us and it is still killing people in many parts of the world. Uncertainty about the future is high, despite moves towards reopening economies and success by some nations in bringing the virus under control within their borders. The uncertainty is compounded because many nations are still facing rapid growth in infection rates.
Stakeholder pressure, falling unit costs, a heightened sense of moral and social responsibility (perhaps) - if you had asked observers six months ago to list the factors they deemed responsible for driving the energy transition, these are, inter alia, the responses you may have received. Whilst the varying importance of the converging forces behind the recent surge in net-zero commitments has and will continue to be debated, one thing is for sure - a global health crisis would not have been top of the list.
For the previous few centuries, humans have been burning through fossil fuel reserves with somewhat reckless abandon. Yet in the 2020s, and based on extensive peer-reviewed research, we make five big and bold predictions linked to the future of energy systems and the social infrastructures that need them. The full report call be accessed via Reuters Events Energy Transition News and Content Hub, via the Energy Transition Report & Whitepapers section.