Integrated Oil Companies in Energy
When we talk about energy transition, what we are really talking about is a shift from a central energy supply (largely from fossil fuels), to a decentralised distributed model underpinned by technology. We are talking about a shift to digital and smart technologies. This has created an environment where renewables, in particular wind and solar, are developing faster than anyone anticipated. It has allowed EVs, energy efficiency and storage technologies to be rolled out at a pace unthinkable as little as 5 years ago.