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Renewable Power Needs No Carbon Price Renewables hold the crown as the cheapest form of power generation in most regions and their cost lead over fossil fuels looks set to strengthen... click for full report Renewable Power Secures Permanent Cost Lead Renewables are the cheapest option for new power generation across more of the globe and have overtaken gas more permanently on cost... click for full report Big Oil Bets on Low-Carbon Wind The sharp rise in low-carbon spending by oil companies over recent years has been led by renewables, concentrated on offshore wind in Europe... click for full report Batteries Challenge Gas Over Peak Demand Role The debate over whether gas units or battery storage are better suited to provide short-term peaking for intermittent renewables rages on... click for full report US Majors Face Climate Strategy Gauntlet US majors face investor demands for comprehensive strategies to address all emissions, requiring a step up in low-carbon investment... click for full report

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Forecasts see stellar growth in oil consumption in the second half of the year, driven primarily by China.
Tue, Jun 6, 2023