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This Energy Industry Update (EIU) examines how the combination of rising post-pandemic energy demand, ambitious decarbonization targets, high commodity prices, and geopolitical events are combining to put pressure on the global energy industry.
Themed “Everything Counts … In Large Amounts,” this edition explores the implications of increasing interest in decarbonizing the grid and promoting non-emitting energy alternatives. Explore the latest facts along with thought-provoking insights from our energy experts on how the industry is addressing ambitious carbon and clean energy goals, and what leaders can do now to make the biggest impact. Paying homage to one of Depeche Mode’s greatest 80’s hits, “everything counts in large amounts” to achieve target goals.
Themed “How Soon Is Now?,” this edition of the ScottMadden Energy Industry Update explores how the industry is answering the call for change. Clean technologies are advancing (e.g., battery storage, renewables, distributed energy resources, small modular reactors), and all may have a role to play, but how soon? In the meantime, the industry continues to focus on resiliency and what that means for the grid, pipelines, and the generation mix.
A strong domestic economy, evolving regulations and policies, continued technology development, and ongoing interest in developing new energy resources are shaping the energy landscape. Energy and utility companies are pursuing growth and are developing and modernizing needed infrastructure while responding to stakeholders with disparate interests.
We are well over a year into a new Presidential administration, changes in policy and priorities—as well as changes in personnel in agencies like the Federal Energy Regulatory Commission—continue to affect the energy industry. But changes in our business context are not limited to policies. Technology development continues, increasing interest in energy resources like solar and energy storage. How are states and the private enterprise responding?
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