The wind sector is in growth mode and stakeholders are fiercely competing to increase their slice of the pie but growing pains have emerged, casting a shadow on previously held assumptions around the commerciality of the sector.
Calash’s energy transition has accelerated over the past five years, with most of its work now in the renewables and cleantech space, but it remains proud of its heritage in the oil and gas space, and the unique position this has given it to offer pragmatic commercial and operational advice across a range of other industries.
Environmental awareness has been hard-wired into the decision-making process of investment funds – climate risk will remain an investment risk for the foreseeable future – but there has been a sea-change in how this translates to energy transition capital deployment.
You’d be forgiven for thinking the end times for oil and gas are here. Plague and now war have shaped the sector in ways unimaginable in 2019. The world will never be the same again, and yet 2022 has shown that the energy industry is highly responsive to change, and will sustainably transform with more ease and willingness than naysayers would like to suggest.
The dividing line between the chemicals and energy sectors has always been thin. Energy aside, the fact is that many of our most used materials are made from hydrocarbons, and yet private equity interest remains wary of investment.
