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Spring 2022 | M&A Report In The Energy Industry Sector

By Roy Graham

May 31, 2022

The report below gives a good overview of the Spring 2022 M&A activity in the Energy Industry Sector. Global energy consumption recovered in 2021, as compared to 2020. The economic recovery from Covid-19 led to an increase in demand for fossil fuels, resulting in an unanticipated price rise of fossil fuels. Global coal demand is predicted to rise this year and will be impacted by weather conditions and the level of economic growth, according to the Observer Research Foundation. ORF expects global coal production to exceed 8 billion tons in 2022, and it is projected to remain at that level in 2023 and 2024. The global Renewable Energy market is expected to reach $1,978 billion in 2030, according to research published by Allied Market Research. The pace of energy transition from fossil fuels to renewable energy is expected to increase in 2022. Renewable energy is expected to account for 90.0% of the global capacity additions. Research published by Observer Research Foundation forecasts that Photovoltaic (PV) solar capacity will reach 162 GW (gigawatts) in 2022. Factors such as climate change-related disincentives, activist investor pressure, and government regulations have contributed to a reduction in fossil fuel investments. Global CO2 emissions from energy combustion and industrial processes reached the highest annual level ever at 36 gigatons (Gt) in 2021, growing at a rate of 6.0%, during the period 2020-21, according to the IEA. Companies in the energy sector are planning to reduce emission levels in 2022, as compared to the levels in 2021. In 2022, CO2 emissions are predicted to be reduced as a result of sustainable investments and the rapid implementation of renewable energy technologies.

Posted by Roy Graham.

Read the Entire Spring 2022 Energy Report Here