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The global onshore wind sector entered 2026 with overall stability in capacity growth, but beneath the surface, the industry is undergoing a profound shift in priorities. As markets mature and renewable energy penetration rises, the focus is moving from sheer scale and turbine costs to system-level value, integration, and revenue resilience. Original equipment manufacturers, developers, and policymakers alike are adapting to evolving economics, advanced technologies, and geopolitical pressures, setting the stage for a year in which strategic decisions…
Recently, U.S. President Donald Trump claimed that the UK has 500 years of oil reserves left in the North Sea, and blamed the country’s high energy prices on the government’s unwillingness to drill. However, the unfortunate fact is that the North Sea oil and gas sector has been in a significant and prolonged decline due to the basin's aging oil fields, with production falling sharply since its peak in the early 2000s. According to the North Sea Transition Authority (NSTA), the UK's energy regulator, the North Sea had ~2.9 billion barrels…
Despite President Trump’s big promises of driving down consumer energy bills, the cost of energy actually rose for consumers in 2025. Throughout his electoral campaign and during his first year in office, Trump pledged to slash Americans’ energy bills. However, his new approach to energy seems to have done the opposite, with higher prices expected for 2026 and beyond. Upon entering office for his second term, President Trump announced a state of energy emergency, quickly passing executive orders to curb the rollout of former-President…
On a global level, solar energy has grown exponentially over the last few decades as costs have plummeted and demand has risen accordingly. It is estimated that the world added a third more solar power in 2025 than it did in 2024, marking a remarkable quantity of added capacity. But while renewables are proving too cheap to fail, there are some notable drawbacks to the rapid addition of these resources – most notably the insufficient co-addition of supportive grid and transmission infrastructure and the variability of solar and wind energy,…
Shell plans to invest $20 billion in the Bonga South West deepwater project offshore Nigeria, the special adviser to Nigeria’s president said after the government approved investment-linked incentives for the project. Nigerian President Bola Ahmed Tinubu has approved the adoption of targeted, investment-linked incentives to support the proposed Bonga South West deepwater offshore oil project by Shell and its partners, the office of the president said after Tinubu met with the supermajor’s chief executive, Wael Sawan. Shell has…
