AEGIS Hedging’s Post

Many O&G operators shifted investments towards renewables like solar and wind, and the results have been questionable, to say the least. Refocusing on Oil & Gas investments is not a step back, but a recognition that O&G will remain critical for decades. While renewables have their role, the energy landscape is far more complex than we’d like to admit. You can twist perceptions, but reality won't budge. #OilandGas #EnergyTransition #RealityCheck #Renewables #EnergySecurity https://lnkd.in/dWnpAF-c

Oil and gas will remain central to the global energy mix for the foreseeable future, Rystad Energy reports, as the key hydrocarbon sources continue to satisfy global primary energy demand.

Solar and wind projects dominate renewables. But did you know geothermal and renewable natural gas are poised to enhance investment portfolios in 2024? This shift creates incentives for investors seeking to diversify their portfolios and minimize risks. Our expert Ritu Suri delves into renewable trading trends so you can reap the benefits. Read the article:  https://lnkd.in/d2R3_9qx   #CapitalMarkets #RenewableEnergy #Trading

The #energy landscape is evolving at breakneck speed, with a blend of consolidation in #oilandgas and rapid expansion in #renewables. From the merger mania to the booming #LNG markets and renewables' race to outpace #fossilfuels, we're witnessing a seismic shift! But here's the kicker: our grid #capacity is struggling to keep up. Even as renewables become mainstream, #infrastructure bottlenecks could slow down the #electrification we desperately need. Are we on track to meet our #ambitious renewable targets by 2030? Or are we headed for a renewable shortfall? #energytransition #renewables #sustainability #oilandgas #lng #gridcapacity #aecouncil

Rooftop PV propels renewables to 75 pct share for first time, sends coal and grid demand to record lows https://lnkd.in/g_UEqDeS

NextEra has made it plain that the economics of solar simply outperform those of natural gas. Said their CEO on their most recent earnings call: "This marks our second best origination quarter ever. These results support our belief that the bulk of the growth demand will be met by a combination of renewables and battery storage…we also are well aware of the realities of new build gas-fired generation, it’s more expensive in most states, is subject to fuel price volatility and takes considerable time to deploy given the need to get gas delivered to the generating unit and the three to four year waiting period for gas turbines." https://lnkd.in/eZQ6aecE

Via ESN: " RWE breaks ground on 900MWh of ERCOT BESS: German energy company RWE has broken ground on three battery energy storage systems in the Texas, US, market, totalling 900MWh. " #EnergyStorage #Energy #BatteryStorage

The US energy storage market set a first-quarter record for capacity installed this year, with 1,265 megawatts (MW) deployed across all segments, a report by Wood Mackenzie and the American Clean Power Association’s (ACP) shows. This marks the highest storage capacity ever installed in a first quarter in the country, representing an 84% increase from Q1 2023 👏 👏 👏 👏 https://lnkd.in/dKZBu7jD #energystorage #renewableenergy

US #power sector #gas demand to peak in 2024 on #renewables buildout: Commodity Insights ◾ Rising gas prices limits further #fuel switching ◾ Data center demand to undershoot utility forecasts 🖥️ Full story: https://okt.to/ng5TJ3

BP predicts global oil demand will peak in 2025, driven by the rapid growth of renewable energy sources. Despite this, BP’s CEO has shifted focus back to oil and gas, suspending offshore wind projects to boost revenues amid lower earnings. The company’s Energy Outlook indicates that while natural gas demand may decline in a net-zero scenario, it could still grow significantly under the current trajectory. https://lnkd.in/g7P3u98D