FOTOTHERM

Hit by the Covid-19 downturn, the oilfield service market is not likely to rebound to last year’s activity level until 2023 according to a Rystad Energy analysis. However, suppliers could diversify some oil and gas capabilities and replace up to 40% of 2019’s revenue by servicing the renewable markets. Rystad Energy analyzed the activity of the top 50 oil and gas suppliers, which together earned $220 billion in upstream revenue in 2019, $100 billion of which originated from well services and commodities. Many services provided by well-focused suppliers will be challenging to deploy in the context of energy transition operations, especially fracking services, OCTG and drilling services and tools. However, the top contractors providing engineering, procurement, construction and installation (EPCI) services – which earned around $55 billion in 2019 from the oil and gas industry – will find it easier to apply their competencies towards the green shift. “Around $90 billion, ...

[...] 1) Don’t hesitate on quality projects [...]   Risks of project delays fueling uncertainty in the tax equity market, investors are looking to close on good deals while they can, which means prioritizing strong, in-progress projects. Beyond potential financing risks and higher costs, equipment supply shortages are expected to increase the costs of early stage projects. As the production of primary material declines and Chinese manufacturers operate with reduced factory utilization, market analysts expect prices for solar PV modules to climb as much as 10-20% throughout 2020. Projects with existing module and other solar hardware contracts in place will be largely shielded from these price increases, increasing the likelihood that near-term projects will offer better returns than those further down the pike. With less demand, lower financing costs, and lower materials costs, early moving corporate buyers should expect to see better pricing and hold more negotiating po...

(Notizia molto interessante che stava per sfuggirci) WindEurope, ESTIF, SolarPower Europe
 e altre 5 associazioni chiedono oggi un quadro adeguato e semplificato per l’autorizzazione dei nuovi impianti verdi. Gli operatori europei dell’energie rinnovabili scrivono a Bruxelles (Rinnovabili.it) – Le principali associazioni di energia rinnovabile hanno inviato oggi una lettera alla Commissione europea per  sollecitare un’azione risolutiva nei confronti dei colli di bottiglia del comparto green.  WindEurope, Bioenergy Europe, EGEC, EREF, ESTELA, Ocean Energy Europe, ESTIF e SolarPower Europe  spiegano  che  per riavviare l’economia europea post-COVID-19 e raggiungere al contempo gli obiettivi di decarbonizzazione  2030 e 2050 è necessario  un quadro autorizzativo semplificato. La missiva delinea  alcune fasi chiave per aiutare a semplificare e accelerare i processi di autorizzazione.  In particolare, le associazioni chiedono all...