New Deloitte Report Highlights The Pitfalls In Energy Transition Decision-Making

  • Date: 17-May-2021
  • Source: Forbes
  • Sector:Oil & Gas
  • Country:Gulf
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New Deloitte Report Highlights The Pitfalls In Energy Transition Decision-Making

Share to Linkedin 12 June 2020, Mecklenburg-Western Pomerania, Laage: The electrolysis plant in the largest ... [+] grid-connected hydrogen power plant in Europe, according to the company, in the company Apex Energy. Starting this autumn, Apex will supply green energy for industry and commerce, housing companies, public transport or for the intermediate storage of control energy. In this way, up to 300 tons of hydrogen can be produced annually from exclusively renewable energy sources. Photo: Jens Büttner/dpa-Zentralbild/ZB (Photo by Jens Büttner/picture alliance via Getty Images) It's a real conundrum for management teams in oil and gas companies: In a world in which a much-boosted "energy transition" to renewables seems inevitable to take place at some point in the future, should you attempt to transition your company's asset portfolio and strategic mission along with it? As things currently stand, it's a question every company with a plan to still be in business a decade from now should be working to address. On Monday, the folks who lead the oil, gas and chemicals practice inside Deloitte released a new report titled "Portfolio Transformation in Oil and Gas" which analyzes the various decision points that company executives must make as they attempt to