This 11 report series is the result of collaboration between Wood Mackenzie experts from the corporate, energy transition practice and carbon research teams and includes:
- Corporate new energy profiles
For Total, Shell, BP, Eni, Equinor and Repsol. The profiles examine the companies’ new energy strategies, business models and corporate targets and ambitions. This analysis will help other oil and gas companies, as well financial institutions and regulators have a better understanding of the depth and materiality of the Majors’ diversification into clean energies.
Analysis of historic and future new energy spend, based on the companies’ existing solar and wind capacities, as well as announced targets. Financial analysis includes expected cash flow and returns from renewable portfolios, benchmarked against the companies’ legacy oil and gas assets. The profiles also provide an overview of the companies’ new energy investments across different technologies.
- Corporate benchmarking reports
The series includes four thematic technology benchmarking reports for solar, offshore wind, carbon capture utilisation and storage (CCUS) and hydrogen. The reports will enable clients put in a global context the Majors’ diversification efforts, illustrating the scale of the challenge ahead.
The reports will focus on the Majors’ activities in each theme, leveraging Wood Mackenzie’s Energy Transition Practice insight and data analysis.
- A Carbon benchmarking primer
A Carbon benchmarking primer for the Majors is also included in the series. Which provides clarity on the Majors’ commitments to carbon reduction, including Scope 1, 2 and 3.
This report incorporates analysis from Wood Mackenzie’s Emissions Benchmarking Tool.