"We'll be back" - the oil majors and renewables

We are in a weird period where the politics of renewables look unstable, or at least very polarized (right wing pushback against “green crap” and ESG, trade and policy tensions around EV), and market sentiment remains weak (stock market valuations are down, investors remain wary, costs are seen as going up) but investment actually continues to boom, in particular in the solar and battery sectors, and renewable penetration is growing at a record pace.

In this context, I’d like to suggest a few challenges that will become more important in the near future, and will be discussing these over several blogposts.

The first installment is about the probable return of oil & gas majors in the sector, and why this is not only good news.