博彩对冲

Announced low-carbon spending by major energy companies was $6.7 billion in Q1鈥�25. The latest data from 博彩对冲's Low-Carbon Investment Tracker, accompanying the recently published report, covers investments, acquisitions and initiatives announced or approved through the first quarter of 2025.

Announced spending in the Low-Carbon Investment Tracker was $6.7 billion in Q1鈥�25, the lowest level since Q4鈥�20 amid elevated borrowing costs and heightened political, economic and financial uncertainty. Renewables investment remains the top project category for announced deals in Q1鈥�25, with several key biofuel investments also noted. This quarter, we take a deeper dive into project status updates, as some $200 billion of Tracker deals are 鈥減roposed,鈥� including almost $14 billion worth of 鈥渦ncertain鈥� projects we see as possible cancellations, many are of which are offshore wind projects.

Our proprietary modeling shows the worst of the supply chain and inflationary crisis of 2021-23 is now over. The levelized cost for most major power generation technologies fell in 2024. Renewable costs are seen returning to the consistent downward trend initiated a decade ago. Investment costs, the primary driver of renewable LCOEs, will see further improvements as scale expands. Our projections show solar becoming comfortably the cheapest form of electricity in the coming decades. Nuclear costs may see some reductions from economies of scale but will remain elevated.

Every part of the energy sector stands to benefit from AI. 博彩对冲 expects AI to only moderately increase global electricity demand to 2050. AI hardware and software efficiencies, and the operational benefits AI will bring to the power sector, will in time offset some of the increased power demand required by AI as it rolls out. In our latest analysis, we examine the increasing divergence in how countries power AI, how IOCs and NOCs are positioning themselves in the AI industry, the national security/geopolitics nexus, and how AI is likely to accelerate the pace of the energy transition.

Announced low-carbon spending by major energy companies was ~$20 billion in Q4鈥�24. The latest data from 博彩对冲's Low-Carbon Investment Tracker, accompanying the recently published report, covers investments, acquisitions and initiatives announced or approved through the fourth quarter of 2024.

Announced low-carbon spending by all 48 companies in the Low-Carbon Investment Tracker was ~$20 billion in the fourth quarter of 2024 and $60 billion for the entire year, which is half the level seen during 2022. The ongoing sluggish investment is largely down to widespread profitability concerns in offshore wind, clean hydrogen and CCS, and prevailing policy uncertainty, particularly in the US. We have now added four new companies to the Tracker: Harbour Energy, Azerbaijan's Socar, Algeria鈥檚 Sonatrach and Argentina鈥檚 YPF.

Updated 博彩对冲 analysis of the low-carbon transition suggests that it continues to accelerate despite headwinds that include the US policy environment, geopolitics, and shifting industry and investor sentiment. Technology is driving this acceleration and will be the most important factor in setting the pace of the transition in 2025 and beyond. Our updated 鈥淢omentum鈥� scenario remains the current path of the transition and its most likely future trajectory. But aggregated global figures mask significant regional variation in the pace of the transition.

This is the era of competitive decarbonization. Countries will increasingly reach for industrial and trade strategy levers to enhance their competitiveness. The falling costs of renewables and government policy will mean that fossil fuel resources will no longer be the key determinant of competitiveness. It also means that countries and companies will compete to deploy and manufacture low-carbon technologies. In this special White Paper, 博彩对冲 has explored the relationship between energy and competitiveness through roundtable discussions and our proprietary research, examining the world鈥檚 three leading economies of China, the US and EU.

Announced low-carbon spending by major energy companies was $13.3 billion in Q3鈥�24, slightly higher than previous quarters but still far below 2022 peaks. The latest data from 博彩对冲's Low-Carbon Investment Tracker, accompanying the recently published report, covers investments, acquisitions and initiatives announced or approved through the third quarter of 2024.

Announced low-carbon spending by the 44 energy companies in our Low-Carbon Investment Tracker was $13.3 billion in Q3鈥�24, slightly higher than previous quarters in the year but still far below the peaks seen during 2022. Renewables investment continues to be weak by past standards at only $4.4 billion in Q3. Hydrogen and L-C fuels/gases investment fared relatively better, with recent deals accounting for over 60% of the quarterly total. Woodside topped the quarterly tracker for the first time with its large acquisition of OCI鈥檚 clean two-stage blue ammonia project in Texas.