In this post, Alun Thomas takes a look at turbulence within the energy sector.
The energy sector is experiencing unprecedented turbulence presenting opportunity and threat to all industry participants. In Europe, for example, the long-term imperative to change the energy mix and move along the path to nett zero is in conflict with the need to ensure energy security next winter.
Country by country, Governments around the world are investing heavily in incentives, but within widely differing policy frameworks, depending on whether they are nett importers or exporters of fossil fuels, their perspectives on whether nuclear is green or not, availability of natural resources supporting renewables, and whether or not climate change represents an existential threat. Industry players who see concerted efforts to reduce demand for their established products and services at home, or sluggishness to enable market growth for new products and services, might find more favorable market conditions elsewhere. These uncertainties and changing business conditions call for new and innovative strategies.
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Contact the ExecHQ Energy Group today via https://exechq.com/ We stand ready to meet you, assess your particular needs, propose solutions, and engage with you for the answers you are seeking.