Fossil fuels are facing an uncertain future. In response, Europe’s big oil companies including Shell, BP and Total are venturing into the production, distribution and sale of electricity to industrial, residential and transport markets, in direct competition with traditional multinational utilities such as Enel, Iberola and RWE. This diversification, though […]
Limiting global warming is dependent on a rapid transition away from fossil fuels. This in turn requires technological advance in renewable energy and electricity storage, strong government commitment, stable and transparent regulatory frameworks, and a business environment attractive to investment. Subsequent to the 2015 Paris Agreement, countries have committed to […]
Brings growth to green energy
The GCC states are facing up to the challenge of combining energy diversity with security
This feature looks at the world’s top 10 largest utility companies by market value in US Dollars. Many of these companies are not only involved in power generation but also transmission and distribution. An increasing number of companies are phasing out coal power plants and replacing them with either gas power generation or and renewables. In many parts of the world, these leading traditional utility companies are now active investors and developers in renewable power such as on and offshore wind.