CORPORATE STRATEGY

Equinor Bends Renewables Strategy Toward Onshore

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  • At a time when oil and gas corporate commitments to renewable electricity are under intense scrutiny, offshore wind pioneer Equinor is reaffirming ambitions to expand its renewable power capacity tenfold this decade.
  • That said, cost inflation and stiff competition in offshore wind are driving a diversification push into onshore renewables, batteries and hydrogen.
  • Equinor has also gotten the reorganization itch in its renewables division but is steering clear of more disruptive changes.

The Issue

Topics:
Renewable Electricity , Corporate Strategy , Energy Storage, Hydrogen, Regional Integrateds
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