Akif Chaudhry
Principal Analyst, Corporate Research
Akif Chaudhry
Principal Analyst, Corporate Research
Akif focuses on strategy, benchmarking and valuation analysis of offshore wind and carbon within company portfolios.
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Tom Ellacott
Senior Vice President, Corporate Research
Tom Ellacott
Senior Vice President, Corporate Research
Tom leads our corporate thought leadership, drawing on more than 20 years' industry knowledge.
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Erik Mielke
SVP Global Head of Corporate Research
Erik Mielke
SVP Global Head of Corporate Research
Erik manages our corporate service, leading data-driven analysis and insight into strategies, performance and outlook.
Latest articles by Erik
View Erik Mielke's full profileAnalysis of renewables versus oil and gas investment conventionally focuses on relative risk and returns. But as electrons are set to replace hydrocarbon molecules in Big Energy production portfolios, which will offer the higher unit cash margin?
We compare offshore wind, a core renewables diversification strategy, with upstream oil and gas. Our benchmarking of the Majors’ new field upstream development portfolios with a group of renewable leaders’ offshore wind portfolios, concludes that offshore wind will deliver 25% higher unit operating cash margins than upstream oil and gas.
In our latest insight we cover:
- The Majors are good at the volume game
- Returns matter
- Competition has driven down baseline returns from offshore wind
- The Majors have a playbook to boost returns
- Sacrificing stability of returns for higher average returns is the trade-of
Fill in the form at the top of the page for your complimentary insight which includes a full range of charts and data coving the above points.