Insight
Oil and gas Majors in renewable energy: the hunt for the best returns
This report is currently unavailable
Report summary
Driven by favourable politics and economics, the global renewable energy market is growing at an exponential rate. In 2016, net capacity installations of wind and solar PV overtook conventional power generation capacity for the first time, and in 2017, almost 100 GWdc of solar PV was installed worldwide. The rapid growth is due in part to a more favourable political environment, but primarily to lower technology costs – the average price of a PV module has fallen by over 90% since 2005. Despite some high-profile acquisitions, the Majors currently own less than 2% of operational global wind and solar PV projects. This report assesses the opportunities and the challenges for the Majors as they look to increase their exposure to the renewable energy market.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
Benchmarking the International E&Ps
Benchmarking the best of the rest
$1,350
Insight
Our top ten Insights of 2018: WoodMac corporate research
Across the many reports we published last year, which resonated most, how did our forecasts pan out, and what remains pertinent today?
$1,350
Commodity Market Report
Southern Cone gas and power short-term outlook: April 2023
Monthly report analysing the gas and power fundamentals and prices in Argentina, Brazil, Chile and Bolivia until December 2024.
$2,000