The accelerating growth of the renewable energy sector continues as companies are looking to transition to a low carbon environment. The speed of growth is also creating significant demand for building resilience against climate change, according to WTW, a leading global advisory, broking, and solutions company, at the launch of its annual Renewable Energy Market… Continue reading WTW: Unprecedented Growth in Renewable Energy Driving Increased Use of Transition Plans
Tag: renewable energy
Coronavirus Pandemic Speeds Shift to Cleaner Energy
The world’s transition to cleaner sources of energy is gaining speed as the coronavirus pandemic accelerates a shift in investment away from fossil fuels, according to the International Energy Agency. Capital spending on energy this year is set to plunge by 18%, as global energy demand is expected to fall by 5% in 2020, a… Continue reading Coronavirus Pandemic Speeds Shift to Cleaner Energy
WTW Report Highlights Decrease in Downstream Energy Capacity
Willis Towers Watson, a leading global advisory, broking and solutions company, today launched its Energy Market Review 2019 which highlights that the decrease in underwriting capacity in Downstream Energy caused by a number of factors, including continuing losses and the unprofitability of related sectors such as Power, Mining and Renewables. Key insurance market findings from… Continue reading WTW Report Highlights Decrease in Downstream Energy Capacity