Post by account_disabled on Mar 15, 2024 19:41:29 GMT -8
This year will be very remembered, as it was the moment in which the transition to renewable energies to create a future with fewer carbon emissions ceased to be a topic of controversy and became something more palpable.
Several factors influenced this to be unforgettable, and much more so for oil and gas companies; Mainly the Coronavirus pandemic was the root of these factors, hence the global blockade that dramatically decreased the demand for gas and oil, but as a positive result, it provided a great boost to renewable energies.
transition to renewable energyPerhaps many people do not feel that the elimination of fossil fuels is being applied quickly, but what we are sure of is that it will greatly exceed the foreca Caseno Email List sts and statistics of past years.
Large oil and gas companies have accelerated their transition to renewable energy, mainly by locating the solar and wind energy sectors; This occurs when realizing that the future of fossil fuels has been falling below zero since April.
The transition to renewable energy for large oil companies has become a path of no return; Since , gas and oil prices have been declining; Following the inevitable rescission that followed the Coronavirus pandemic, a large number of projects that were in planning were no longer commercially viable.
transition to renewable energyWe cannot hide that oil is still necessary; Its global demand is impossible to replace so quickly, mainly in areas such as freight transport (although there are already many alternatives that are being applied for its substitution, for example, these options: option , option , ), or air (there are also alternatives that are being applied such as: option , option , option ).
There is a forecast issued by the International Energy Agency that shows that renewable energy generation will have a considerable increase by
Companies based in Europe that operate from oil and gas such as BP, Equinor, Total and Shell, as well as other energy-consuming companies that belong to other industrial sectors have come to the conclusion that they must be on the side of the green future . For commercial reasons, these companies have understood that it is not beneficial and much less negotiable to resist implementing renewable energies.
The same happens with electric vehicles, their development continues to grow constantly, and it is expected that in the next two decades, new models and changes will be evident in the sector.
Transition to renewable energies: a business model to survive.
To stay afloat in the market, large oil and utility companies are adapting their businesses and establishing a place in renewable energy.
To develop in this branch, especially in offshore wind energy, many of these companies are providing funds and investing in capital-intensive projects, in addition, they are reusing part of their infrastructure for the consolidation of offshore cranes and flagships.
Total , the giant European energy company, was one of the first oil and gas companies to take renewable energy seriously.
Its new business model was from the acquisition of Saft , which is currently building one of the largest projects in the world in terms of energy storage, and also bought its majority stake in " SunPower " (the solar energy option for companies around the world and homeowners).
With all these changes, Total expects that by its global gross renewable energy capacity will increase to gigawatts (GW), enough production to power approximately million homes in the United States, compared to the values reflected in of GW. Likewise, they estimate that and % of their sales mix by will be from low-carbon electricity operations.
transition to renewable energyLarge oil and gas companies are slowly moving away from fossil fuels, but the process is slow. And although the increases in its production and profits apparently do not mean much for a large company like Total, it has already taken advantage of its competition and makes it an important part and example for the global energy mix.
Clean Energy Fuels is part of the transition to renewable energy, as it has moved a large part of its business to clean energy. Its main activity is the sale of natural gas to transportation customers. This natural resource compared to Diesel has much cleaner emissions, and if companies, investors and the state strengthen environmental measures, sales volume will grow rapidly, everything is a win-win agreement.
Several factors influenced this to be unforgettable, and much more so for oil and gas companies; Mainly the Coronavirus pandemic was the root of these factors, hence the global blockade that dramatically decreased the demand for gas and oil, but as a positive result, it provided a great boost to renewable energies.
transition to renewable energyPerhaps many people do not feel that the elimination of fossil fuels is being applied quickly, but what we are sure of is that it will greatly exceed the foreca Caseno Email List sts and statistics of past years.
Large oil and gas companies have accelerated their transition to renewable energy, mainly by locating the solar and wind energy sectors; This occurs when realizing that the future of fossil fuels has been falling below zero since April.
The transition to renewable energy for large oil companies has become a path of no return; Since , gas and oil prices have been declining; Following the inevitable rescission that followed the Coronavirus pandemic, a large number of projects that were in planning were no longer commercially viable.
transition to renewable energyWe cannot hide that oil is still necessary; Its global demand is impossible to replace so quickly, mainly in areas such as freight transport (although there are already many alternatives that are being applied for its substitution, for example, these options: option , option , ), or air (there are also alternatives that are being applied such as: option , option , option ).
There is a forecast issued by the International Energy Agency that shows that renewable energy generation will have a considerable increase by
Companies based in Europe that operate from oil and gas such as BP, Equinor, Total and Shell, as well as other energy-consuming companies that belong to other industrial sectors have come to the conclusion that they must be on the side of the green future . For commercial reasons, these companies have understood that it is not beneficial and much less negotiable to resist implementing renewable energies.
The same happens with electric vehicles, their development continues to grow constantly, and it is expected that in the next two decades, new models and changes will be evident in the sector.
Transition to renewable energies: a business model to survive.
To stay afloat in the market, large oil and utility companies are adapting their businesses and establishing a place in renewable energy.
To develop in this branch, especially in offshore wind energy, many of these companies are providing funds and investing in capital-intensive projects, in addition, they are reusing part of their infrastructure for the consolidation of offshore cranes and flagships.
Total , the giant European energy company, was one of the first oil and gas companies to take renewable energy seriously.
Its new business model was from the acquisition of Saft , which is currently building one of the largest projects in the world in terms of energy storage, and also bought its majority stake in " SunPower " (the solar energy option for companies around the world and homeowners).
With all these changes, Total expects that by its global gross renewable energy capacity will increase to gigawatts (GW), enough production to power approximately million homes in the United States, compared to the values reflected in of GW. Likewise, they estimate that and % of their sales mix by will be from low-carbon electricity operations.
transition to renewable energyLarge oil and gas companies are slowly moving away from fossil fuels, but the process is slow. And although the increases in its production and profits apparently do not mean much for a large company like Total, it has already taken advantage of its competition and makes it an important part and example for the global energy mix.
Clean Energy Fuels is part of the transition to renewable energy, as it has moved a large part of its business to clean energy. Its main activity is the sale of natural gas to transportation customers. This natural resource compared to Diesel has much cleaner emissions, and if companies, investors and the state strengthen environmental measures, sales volume will grow rapidly, everything is a win-win agreement.