Energy Outlook 2021

Solid growth for wind and solar

Covid-19 has had little impact on the growth prospects for wind and solar. The European wind and solar markets are expected to provide solid growth of 8%…

Wind and solar get increasingly cheaper

Wind and solar energy are expected to gain cost competitiveness over fossil fuel and nuclear power in 2021. Increasingly, it is becoming cheaper to add…

Rise in investment increases capital needs for utilities

A recovery in power demand of 3% on average for the European Union, coupled with a recovery in power prices, should bring European utilities back to…

Asian LNG drags the gas complex higher

Gas markets had a volatile 2020, with prices initially coming under pressure with not only a demand hit, but a ramping up in LNG capacity. However, a…

Oil market set to continue tightening over 2021

While there is still plenty of uncertainty over 2021 due to Covid-19, the roll out of vaccines and continued supply cuts from OPEC+ mean that the market…