What might an affordable Energy Transition look like? We delve into that question in a new Citi Research note, measuring various technologies against our affordability target of $45 per megawatt-hour. Our conclusion is that cheap gas is essential to creating a system that costs the same or less than what we have today. https://on.citi/3CBpD6v
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Energy transition technologies may seem promising but it doesn’t matter unless the cost of energy stacks up! This report from our team digs into those numbers and draws some conclusions including that cheap gas is key to an affordable transition. This is a big asset of course for the U.S. and we believe a cornerstone of Trump’s 2025 energy policy. #transition #energy #tech #citi Alastair Syme Tony Yuen Max Layton
What might an affordable Energy Transition look like? We delve into that question in a new Citi Research note, measuring various technologies against our affordability target of $45 per megawatt-hour. Our conclusion is that cheap gas is essential to creating a system that costs the same or less than what we have today. https://on.citi/3CBpD6v
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Since 2005, more than 60% of U.S. CO2 emission reductions came from natural gas replacing coal. As we celebrate #WorldEnvironmentDay, learn more from the U.S. Energy Information Administration about how #NaturalGas is accelerating our clean energy future: https://lnkd.in/dxZV7MpG
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⚡The UK’s electricity sector is undergoing a radical transformation – and consumers are footing the bill. Take a look at Stephen Evans † latest article in the Energy Manager Magazine, where he discusses 'Understanding non-commodity costs and what they mean for businesses' - you can also access our latest guide: https://lnkd.in/eKzwbN32 #energyindustry #energypolicy #industrycosts
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Discover how non-commodity costs are shaping business energy bills in this my recent article. As these costs rise, understanding their impact and why they are crucial for building a sustainable future is key.
⚡The UK’s electricity sector is undergoing a radical transformation – and consumers are footing the bill. Take a look at Stephen Evans † latest article in the Energy Manager Magazine, where he discusses 'Understanding non-commodity costs and what they mean for businesses' - you can also access our latest guide: https://lnkd.in/eKzwbN32 #energyindustry #energypolicy #industrycosts
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Our latest insights reveal a significant shift in projected power demand growth in Europe—up to 40% of the expected growth may not materialize. This is driven by factors like elevated power prices, energy efficiency improvements, and deindustrialization across key sectors like steel and chemicals. This shift poses major implications for the region’s energy transition and industry competitiveness. Governments and system operators will need to rethink their energy strategies to ensure an affordable and sustainable power supply. Learn more about the evolving power landscape in Europe in our latest insight: https://lnkd.in/dKy3Bimh #EnergyTransition #ElectricityDemand #McKinseyInsights
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Our latest insights reveal a significant shift in projected power demand growth in Europe—up to 40% of the expected growth may not materialize. This is driven by factors like elevated power prices, energy efficiency improvements, and deindustrialization across key sectors like steel and chemicals. This shift poses major implications for the region’s energy transition and industry competitiveness. Governments and system operators will need to rethink their energy strategies to ensure an affordable and sustainable power supply. Learn more about the evolving power landscape in Europe in our latest insight: https://lnkd.in/gmEnpjfK #EnergyTransition #ElectricityDemand #McKinseyInsights
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Our latest insights reveal a significant shift in projected power demand growth in Europe—up to 40% of the expected growth may not materialize. This is driven by factors like elevated power prices, energy efficiency improvements, and deindustrialization across key sectors like steel and chemicals. This shift poses major implications for the region’s energy transition and industry competitiveness. Governments and system operators will need to rethink their energy strategies to ensure an affordable and sustainable power supply. Learn more about the evolving power landscape in Europe in our latest insight: https://lnkd.in/ge9WWKez #EnergyTransition #ElectricityDemand #McKinseyInsights
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So GB is worried about being somewhat reliant on fossil gas imports and wants to decarbonise. And so they have a plan to fix that by 2030, using renewables and flexibility. Ireland is extremely reliant on fossil fuel gas imports, and really wants to decarbonise. But where is our plan? Shooting for 80% renewables is a good start, but that last 20% is really going to hurt if there's another gas crisis. https://lnkd.in/eRP7-468
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Our latest insights reveal a significant shift in projected power demand growth in Europe – up to 40% of the expected growth may not materialize. This is driven by factors like elevated power prices, energy efficiency improvements, and deindustrialization across key sectors like steel and chemicals. This shift poses major implications for the region’s energy transition and industry competitiveness. Governments and system operators will need to rethink their energy strategies to ensure an affordable and sustainable power supply. Learn more about the evolving power landscape in Europe in our latest insight: https://mck.co/4fhpGSC #EnergyTransition #ElectricityDemand #McKinseyInsights
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Key Energy Trends Shaping the Future: Insights from Wood Mackenzie’s Latest Horizons Report As the energy landscape rapidly transforms due to decarbonization, electrification, and geopolitical shifts, Wood Mackenzie has released five compelling charts that highlight key trends shaping the sector in the latest Horizons report. These charts in the report titled ‘Conversation Starters: Five Energy Charts to Get You Talking’ provide valuable insights into the dynamics of energy markets, encompassing everything from the power systems of major economies to the growing adoption of electric vehicles. “Between the power markets of the U.S. and China, the curious case of the North Sea transition, the towering ambition of CCS and the electrifying rise of EVs, […] Read the full story here: https://lnkd.in/dMtdxaSz #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #america #asia #carboncapture #china #electricitydemand #energymarket #northamerica #powergeneration #renewableenergy #solarenergy #thenorthsea #trends #unitedstates #windenergy #woodmackenzie
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Wow, $45 per megawatt-hour? That's electrifying news! ⚡️ Looks like the future of energy is not just bright, but also budget-friendly. Who knew that cheap gas could be the secret ingredient to powering our lives without breaking the bank? Time to gas up and go green! 🚀🌱 #EnergizedForTheFuture