Energy Transition for Power Sector Creating New Risks: WTW

Strengthening US power grid

Power companies are facing key challenges arising from the energy transition and the move to cleaner fossil fuels, according to Willis Towers Watson’s 2021 Power Market Review. These include how power companies need to substantially reduce their greenhouse gas (GHG), emissions (referred to as climate change mitigation) as well as ensuring the resilience of their… Continue reading Energy Transition for Power Sector Creating New Risks: WTW

Major Oil Companies Look to Fill Businesses’ Growing Appetite for Green Power

El Nino impact on Renewable energy

Businesses are buying more renewable power, and oil majors want a piece of the action. European oil companies including BP PLC and Royal Dutch Shell PLC are building new wind and solar projects and striking deals to supply electricity to big corporate buyers like Amazon.com Inc. and Microsoft Corp., treading into the domain of traditional… Continue reading Major Oil Companies Look to Fill Businesses’ Growing Appetite for Green Power