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Natural selection in energy transition

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Energy Voice

Natural selection in energy transition...

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Mark Silverstone's picture
Mark Silverstone on Oct 15, 2019 1:11 pm GMT

Mr, Gallow, as well as the major energy companies, can read the writing on the wall. Both are well aware that natural selection often takes surprising twists and turns. There remain highly impactful, game changing technological developments yet to come. 
But there is tremendous inertia to overcome in the energy companies. Even small oil price booms distract them from the necessary transition to be accomplished. But, they will increasingly leverege the engineering talent they have and develop more, as Equinor is doing with offshore wind. 

I just hope government can assist without too heavy a hand.

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