McKinsey & Company | Global news | Energy

An overview of McKinsey & Company global news:

Africa

Renewable energy in Africa: Huge opportunity at huge cost Sustainable energy initiatives in Africa are likely to soon be a huge opportunity for investors hoping to push for renewables and drive development in the region.
05 October 2023
United Kingdom

Growing demand in battery industry calls for innovation – and recycling Solutions will need to be found to meet increasing demand for lithium-ion (Li-ion) batteries.
25 September 2023
United Kingdom

Fossil fuels peaking not enough to limit global warming, study warms Aggregate fossil fuel demand is set to peak in 2027, according to a new study. The research also asserts that demand for coal, oil and gas will never return to its pre-pandemic growth curve.
08 February 2021
Middle East

Fossil fuels to take a back seat in the global energy landscape Covid-19 has caused a short-term dip in global energy demand, while a long-term shift away from oil and other fossil fuels takes on a new pace in the backdrop.
29 January 2021
United Kingdom

Energy use must decouple from GDP growth for sustainable future Transforming the global economy is increasingly seen as imperative to preventing an irreversible climate disaster, but at present only marginal and short-term improvements have been committed to by g
18 June 2019
United Kingdom

Global energy demand set to plateau by 2035 With the rise of renewable energies and the improvement of energy efficiency technologies, global energy demand is expected to plateau by 2035.
18 February 2019
Finland

Finland has cost-efficient path to halve greenhouse emissions by 2030 The future of Finland is greener – in more ways than one. A new study shows that plans to reduce greenhouse gas emissions by more than half could also save the country money.
22 January 2019
Europe

European countries top WEF and McKinsey Energy Transition Index The top ten countries in the world to effectively foster energy transition are all European, according to a new joint report by McKinsey & Company and the World Economic Forum.
09 July 2018
United Kingdom

Rise of energy storage set to drive down energy prices, McKinsey says Investment by consumers and businesses in renewable energy solutions increasingly make economic sense, as prices come down, a new McKinsey report has found.
18 July 2017
United Kingdom

Global oil producers slash costs as low commodity prices bite In a bid to remain operational, globally oil companies have been forced to decrease operational costs by 29% on average, with around 50% of cost cutting likely to be sustainable in the longer-term.
27 June 2017
United Kingdom

Technology to bring forward peak energy and renewables tipping point The world economy stands to hit peak Energy by 2025, according to a new study.
12 June 2017
United Kingdom

McKinsey & Company downgrades its global energy demand outlook McKinsey & Company has downgraded its global energy demand outlook. Changing market conditions may have material implications for carbon energy assets and investments.
27 July 2016
United Kingdom

RWE npower names McKinsey partner Kyle Braden CRO Energy provider npower has picked up McKinsey & Company’s transformation expert Kyle Braden, who joins in the newly created Chief Recovery Officer position.
10 December 2015
India

Consulting firms eyeing Indian renewable energy sector The Indian government’s commitment to implementing large scale renewable energy infrastructure by the early 2020s is boosting business investment in the sector, luring the attention of dozens of fore
23 December 2014
United Kingdom

Solar energy will be a market disruptor in 2020 During upcoming years costs associated with manufacturing and installing solar panels will drop. This can be concluded from an investigation by McKinsey & Company. This decrease in costs will be high enou
23 April 2014
United Kingdom

McKinsey: LED lightning dominates lightning market The LED industry will realize an annual sales growth of 30% until 2020, while the total lighting market will only show 3 to 6% sales growth per year in that period. At the same time, LED represents 7% of the lightning mix. Due to the explosive growth,
21 May 2012

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