Rystad Energy’s Post

Rystad Energy’s latest data reveals renewable energy installations in India surged to a record 7.1 gigawatts (GW) in March, more than doubling the previous record of 3.5 GW set in March 2022. The increase in installations helped India reach its highest-ever annual installed capacity of 18.5 GW for the fiscal year ending on 31 March 2024. The growth was primarily driven by solar installations, up 23% on levels from the 2023 financial year, driven by the commissioning of numerous projects within India's inter-state transmission system network and ultra-mega solar park schemes Read more here: https://lnkd.in/da7xF5Eu #rystadenergy #renewableenergy

What factors will determine the balance between excess and equilibrium in global LNG markets? How will potential infrastructure constraints shape the need for new transmission assets? Will upstream M&A reshape the US Lower 48 and its impact on oilfield services? Dive into these pressing questions and more at the upcoming Houston Energy Forum on 25 April at the Westin Houston, Memorial City. Our lineup of experts will provide insights on these key topics and host Q&A sessions throughout the event. Don't miss out on a day filled with enlightening updates covering the energy spectrum. The Houston Energy Forum is right around the corner, be sure to register now: https://lnkd.in/gMQMrGcd

Liquefied natural gas (LNG) remains the fuel of choice for lower-carbon shipping, despite the rise in orders for vessels equipped with dual-fuel methanol and ammonia engines, according to Rystad Energy analysis. While question marks remain around just how environmentally friendly LNG is as a shipping fuel, its price competitiveness, abundant supply and well-developed infrastructure give it an advantage over the alternatives. Read more here: https://lnkd.in/dyRAhDJC #rystadenergy #LNG #shipping

The offshore wind industry had a troublesome 2023, with postponed or canceled projects and developers struggling with low profitability in the face of high inflation and increased interest rates. One quarter into 2024, we are seeing signs of improvement – but the road ahead is long. Our head of Offshore Wind Research, Alexander Dobrowen Fløtre, takes a closer look at these trends and the journey ahead for the offshore wind industry. Read the full market insights: https://lnkd.in/dfPVs2n3 #OffshoreWindIndstry #supplychain #renewableenergy

We are pleased to invite you to our annual flagship event - the 2024 Energy Transition Marathon - a nine-hour on-demand digital event with nine distinct sessions addressing different topics across the energy spectrum. In addition to Rystad Energy specialists, we are fortunate to be joined by prominent industry leaders and experts in their space. Please sign up and watch the on-demand webinar now https://lnkd.in/gqFftMBC #EnergyTransitionMarathon #RystadEnergy #EnergyTransition #Energy #webinar

Join us on 18 April for a webinar on navigating Europe's energy crossroads, where we analyze the impact of EU policies, offshore wind resilience and the future of the wind supply chain. Register now: https://lnkd.in/dWJ-82PT #Europeanpower #EUpolicy #renewableenergy #offshorewindenergy

Our Energy Transition Marathon 2024 is live and you can now join Session 7. In this session, our CEO, Jarand Rystad, will engage in a conversation with Kurt Levens, President & CEO of REC Silicon, to discuss the latest trends and prospects for the solar markets. Dial in to get valuable insights on solar and wind markets, including potential bottlenecks to continued growth. To watch the content live and gain access to on-demand recordings until 31 May, register here: https://lnkd.in/gqFftMBC

Today our 2024 Energy Transition Marathon goes live. You can still register to join one or all of the nine sessions from 9:00am CEST to 6:00pm CEST. In the closing session, starting at 5:00pm CEST, we will discuss whether we are capturing all opportunities to drive the energy transition forward. We are thrilled to be joined by our special guest, Jesse Peltan, founder of Type I, who will discuss these topics and more with CEO Jarand Rystad. Please join us for the latest energy updates. Register now https://lnkd.in/d7wNcWyy #EnergyTransitionMarathon #EnergyTransition #energy #webinar Jo Husebye Anne Ekern

Chart of the week: Rystad Energy reports a significant increase in solar and wind capacity additions in 2023, exceeding estimates by the International Energy Agency (IEA) by a notable 43 gigawatts (GW). At a combined level, Rystad Energy shows a total 444 gigawatts direct current (GWDC) of solar PV added globally last year, alongside a combined 136 GWDC of onshore and offshore wind capacity. This data aligns with the upward trend observed by both Rystad Energy and the IEA, highlighting the global drive to build a robust renewable energy base for decarbonizing power systems. This underscores a record-breaking year for Solar PV, in terms of new capacity additions globally. However, this growth might be dampened by a potential slowdown in key markets like China, Europe and the US. Meanwhile, wind energy, after facing challenges in recent years, is expected to see a significant comeback with anticipated record-high installations worldwide. Learn more about our Renewables & Power offering: https://lnkd.in/dzPC8XRD #Solar #Wind #Decarbonization

Our Energy Transition Marathon 2024 is now live. Join Session 1, starting with the opening presentation by our CEO Jarand Rystad, where he discusses whether we are on track with the energy transition, and engages in a conversation with Patrick Pouyanné, Chairman of the Board & CEO of TotalEnergies. Sign up for the entire nine-hour live digital event with nine sessions addressing different topics across the energy spectrum here: https://lnkd.in/gqFftMBC