Equinor Bends Renewables Strategy Toward Onshore

Copyright © 2023 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.
fokke baarssen/Shutterstock
  • 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

Renewable Electricity , Corporate Strategy , Energy Storage, Hydrogen, Regional Integrateds
Wanda Ad #2 (article footer)
Companies are not indifferent to Indonesia's large resources and recent efforts to improve its business climate, but time is still needed to fully convince changes will stick.
Mon, Sep 25, 2023
Project developers are still looking for guidance on how they can take advantage of the “bonus rates” for clean energy tax credits enacted by the US Inflation Reduction Act.
Mon, Sep 25, 2023
Natural gas will be a vital energy source for many countries well beyond 2050, the energy minister said during a trip to Japan, from which some new long-term LNG deals could emerge.
Mon, Sep 25, 2023