Insight
Oil & Gas Majors' power sector investments a signpost for the utility of the future
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
As the energy transition takes hold and peak oil demand becomes a visible reality within the next 2 decades, the world’s largest oil and gas companies are beginning to adapt. The next 20 years will see increasing rates of electrification driven by growth in renewable energy and non-traditional end uses of electricity. So where are the more attractive opportunities for the Majors in electricity markets? We believe that much of the value to be captured will be downstream, closer to consumers. In comparison to large-scale project development, these markets have higher barriers to entry; will allow the Majors to leverage their existing brands and retail capabilities; and could therefore offer more attractive opportunities for growth.
Table of contents
- Introduction
- Who’s done what so far?
- What are the challenges?
- What happens next?
Tables and charts
This report includes the following images and tables:
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Figure 1 Total M&A spend in power and renewables markets (2011-2018)Figure 2 Summary of European Majors’ investments in power markets
What's included
This report contains:
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