Investment in the Eurozone to move from a cyclical to a sustainable recovery: It’s now or never!

What is missing in the Old Continent to move from a cyclical recovery to a strong and sustainable recovery? Investment! Even if the answer seems obvious, investment is still lacking in the Eurozone. Yet, from a cyclical point of view, all the planets seem to be aligned to restart investment. Indeed, according to Eurostat in [...]

By |April 6th, 2017|Categories: Analyst's Insight|Tags: , , , , , , , |

China’s Share of Global Renewable Capacity Growth, 2015-21

As a recent report points out: “China’s impressive drive into renewable energy (RE) has made it the world’s largest investor in clean energy with US$102.9bn invested in renewables (excluding large hydro) in 2015, up 17% over 2014. This represents well over one third of global investment, with the U.S. in second place, but well behind, [...]

By |January 10th, 2017|Categories: Graph Analysis, Map|Tags: , , , , , , |

Upstream earnings and Brent oil price (group of 91 companies globally)

The U.S. EIA’s Short-Term Energy Outlook of December 2016 analyzed earnings of 91 companies involved in upstream production in the U.S. According to this analysis, profits improved in the recent period, which could support investment, in particular if oil prices increase. However, earnings remain weak and this trend should continue to be monitored. As described:
“In [...]

By |December 7th, 2016|Categories: Graph Analysis|Tags: , , , , |

Energy supply investment in 2015, selected markets

As highlighted by a recent IEA presentation: “Top five markets comprised over half of global energy supply investment.” And: “Boosted by record power sector spending, China regains its position as top investment market, while the US declines due to sharply lower oil and gas investment”
Energy supply investment in 2015, selected markets

Source: IEA. Turkey’s energy policies [...]

By |October 6th, 2016|Categories: Graph Analysis|Tags: , , , |

What do you know that we don’t, OPEC?

As you probably noticed all, the barrel price rebounded since mid-February, leading to a WTI crude rallying from USD 26.21/b (on Feb. 11th) to USD 41.50/b (on April 14th) and a Brent crude bouncing back from USD 30.06/b to USD 43.84/b. But in its Monthly Oil Market Report (MOMR) of April (see here), the OPEC [...]

By |April 15th, 2016|Categories: Analyst's Insight|Tags: , , , , , |

What do you want to buy Saudi Arabia?

Saudi Deputy Crown Prince Mohammed bin Salman recently gave an interview to Bloomberg in which it described the country’s ambitious plans to develop its Public Investment Fund (PIF) into the largest sovereign wealth fund globally.
Gulf States’ sovereign wealth funds (SWF) are regularly drawing attention from the public, the media, and economic players. Sometimes this is [...]

Global new investment in renewable energy: split by type of economy, 2004-2015, USD bn

Source: Frankfurt School-UNEP Centre/BNEF. Global Trends in Renewable Energy Investment 2016. March 2016.

By |March 29th, 2016|Categories: Graph Analysis|Tags: , , |

Algeria selling the Crown jewels?

Is Algeria going to make it? After several months of collapsing oil prices, the question deserves to be addressed. The country, whose governance has been rightfully put into doubts, now seems to be moving in against the global trend. On February 29th, the Chief Executive Officer of the national hydrocarbon company Sonatrach, Amine Mazouzi, declared [...]

By |March 23rd, 2016|Categories: Analyst's Insight|Tags: , , , , , , |

America’s leaking gas and its spillover on Australia

The information was not confirmed this morning, but it leaked on the information network. The United States could have exported their first liquefied natural gas cargo from the brand new Sabine Pass terminal in Louisiana via an Asian Vision LNG tanker. This terminal was specially designed by the Cheniere Energy Company to export American gas [...]

By |February 25th, 2016|Categories: Analyst's Insight|Tags: , , , , , |

Potential investment in new renewables by asset class, NEO 2°C scenario ($BN, real)

Under a 2°C scenario, BNEF projects that total clean electric power generation infrastructure capex over the next 25 years presents a $12.1 trillion investment opportunity. This is $5.2 trillion more than the Business-As-Usual (BAU) scenario of $6.9 trillion. To date, most clean energy power generation debt has been financed via direct loans from project finance [...]

By |February 9th, 2016|Categories: Graph Analysis|Tags: , , , |