Rystad Energy | New Energies

🚨 𝗕𝗿𝗲𝗮𝗸𝗶𝗻𝗴: 𝗡𝗼𝗿𝘄𝗮𝘆 𝗿𝗲𝗼𝗽𝗲𝗻𝘀 𝗖𝗖𝗦 𝘀𝘂𝗽𝗽𝗼𝗿𝘁 𝗯𝗲𝘆𝗼𝗻𝗱 𝗟𝗼𝗻𝗴𝘀𝗵𝗶𝗽 Yesterday, Klima- og miljødepartementet and Energidepartementet (Norge) announced new public support for carbon capture and storage beyond Longship, but this is not another Longship. Through Enova SF, this 𝗡𝗢𝗞 𝟳𝟬𝟬 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 capture pool is modest compared with the funding requirements of large-scale projects such as Hafslund, BIR and Heidelberg Materials' Brevik. It also pales in comparison to recent Danish CCS and Swedish BECCS support schemes. That matters for expectations. Rather than funding a new flagship capture project, Norway’s new schemes are more likely to unlock smaller, mature projects that can connect into existing transport and storage infrastructure. The terminal support is especially interesting. Our CCUS analyst, Jun Xing Li dug into the documents, and here is the summary: 1. Funding of a maximum 50% of CAPEX or 250 MNOK per project, awarded on a first-come, first-served basis 2. Terminals must be open access and able to receive trucks, with a minimum 50,000 tonnes CO2 annual capacity. 3. If awarded the funds, the terminal must take FID within 1 year, and operation within 3 years. 4. The applicant must submit documentation on LOI/MOU with CO2 providers and T&S providers for volumes, price, and timeline. The storage facility must be operational, under construction, or decided to be built It is unclear how many such terminals the budget can accommodate, but developers will need to move quickly before the pool is fully allocated. With the emergence of many smaller and landlocked projects, this funding will unlock new projects in Norway, although not on Longship-scale. Who do you think will benefit the most from these two funding schemes? 💬 Comment below if you’d like to receive a copy of our analysis on this announcement, currently exclusive to CCUS Analytics subscribers. Our analytics help clients stay ahead of fast-moving market developments with deeper analysis of the implications behind the headlines. 📘 Book a demo to explore what is covered in our CCUS Analytics subscription. https://lnkd.in/eJqvbxQc #Norway #CCUS #funding #carboncapture #Co2

🚨 𝗕𝗿𝗲𝗮𝗸𝗶𝗻𝗴: 𝗡𝗼𝗿𝘄𝗮𝘆 𝗿𝗲𝗼𝗽𝗲𝗻𝘀 𝗖𝗖𝗦 𝘀𝘂𝗽𝗽𝗼𝗿𝘁 𝗯𝗲𝘆𝗼𝗻𝗱 𝗟𝗼𝗻𝗴𝘀𝗵𝗶𝗽 Yesterday, Klima- og miljødepartementet and Energidepartementet (Norge) announced new public support for carbon capture and storage beyond Longship, but this is not another Longship. Through Enova SF, this 𝗡𝗢𝗞 𝟳𝟬𝟬 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 capture pool is modest compared with the funding requirements of large-scale projects such as Hafslund, BIR and Heidelberg Materials' Brevik. It also pales in comparison to recent Danish CCS and Swedish BECCS support schemes. That matters for expectations. Rather than funding a new flagship capture project, Norway’s new schemes are more likely to unlock smaller, mature projects that can connect into existing transport and storage infrastructure. The terminal support is especially interesting. Our CCUS analyst, Jun Xing Li dug into the documents, and here is the summary: 1. Funding of a maximum 50% of CAPEX or 250 MNOK per project, awarded on a first-come, first-served basis 2. Terminals must be open access and able to receive trucks, with a minimum 50,000 tonnes CO2 annual capacity. 3. If awarded the funds, the terminal must take FID within 1 year, and operation within 3 years. 4. The applicant must submit documentation on LOI/MOU with CO2 providers and T&S providers for volumes, price, and timeline. The storage facility must be operational, under construction, or decided to be built It is unclear how many such terminals the budget can accommodate, but developers will need to move quickly before the pool is fully allocated. With the emergence of many smaller and landlocked projects, this funding will unlock new projects in Norway, although not on Longship-scale. Who do you think will benefit the most from these two funding schemes? 💬 Comment below if you’d like to receive a copy of our analysis on this announcement, currently exclusive to CCUS Analytics subscribers. Our analytics help clients stay ahead of fast-moving market developments with deeper analysis of the implications behind the headlines. 📘 Book a demo to explore what is covered in our CCUS Analytics subscription. https://lnkd.in/eJqvbxQc #Norway #CCUS #funding #carboncapture #Co2

𝗦𝗼𝘂𝘁𝗵 𝗔𝗳𝗿𝗶𝗰𝗮'𝘀 𝗺𝗶𝗻𝗶𝗻𝗴 𝘀𝗲𝗰𝘁𝗼𝗿 𝗶𝘀 𝗮𝘁 𝗮𝗻 𝗶𝗻𝗳𝗹𝗲𝗰𝘁𝗶𝗼𝗻 𝗽𝗼𝗶𝗻𝘁 𝗮𝗻𝗱 𝘁𝗵𝗲 𝗻𝘂𝗺𝗯𝗲𝗿𝘀 𝘁𝗲𝗹𝗹 𝗮 𝗰𝗼𝗺𝗽𝗲𝗹𝗹𝗶𝗻𝗴 𝘀𝘁𝗼𝗿𝘆 📊 Escalating tariffs, grid unreliability and decarbonization pressure have fundamentally changed how mines source power. What started as a defensive response to load-shedding has matured into a structural strategic shift. Here's what Rystad Energy's latest analysis reveals: The scale of transition underway: 💡Mining accounts for over 25% of Eskom-served power demand — making it the grid's single biggest lever for change. 💡Close to 5 GW of renewable capacity is now committed across the sector through behind the meter capacity, wheeled renewables and power traders. 💡Wheeled PPAs through licensed power traders is now the dominant and fastest-growing procurement model. The miners that move decisively now will lock in competitive advantage for years. 𝗢𝗻 𝟮𝟭 𝗠𝗮𝘆, 𝗷𝗼𝗶𝗻 𝘂𝘀 𝗮𝘁 𝘁𝗵𝗲 𝗠𝗮𝘀𝗹𝗼𝘄 𝗛𝗼𝘁𝗲𝗹 𝗦𝗮𝗻𝗱𝘁𝗼𝗻, 𝗝𝗼𝗵𝗮𝗻𝗻𝗲𝘀𝗯𝘂𝗿𝗴, where we'll move beyond the analysis to examine what IRP 2025, renewables, oil & gas, storage, investment and shifting geopolitics holds for South Africa's energy future. 4:00–9:00pm SAST. 𝗥𝗲𝗴𝗶𝘀𝘁𝗲𝗿 𝗻𝗼𝘄 𝘁𝗼 𝘀𝗲𝗰𝘂𝗿𝗲 𝘆𝗼𝘂𝗿 𝗽𝗹𝗮𝗰𝗲: https://lnkd.in/eyVD8pte #SouthAfrica #Mining #Renewables #EnergyTransition #EnergyIntelligence

𝗥𝘆𝘀𝘁𝗮𝗱 𝗘𝗻𝗲𝗿𝗴𝘆 𝗵𝗮𝘀 𝗯𝗲𝗲𝗻 𝗻𝗮𝗺𝗲𝗱 𝗣𝗿𝗶𝗺𝗲 𝗠𝗮𝗿𝗸𝗲𝘁 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗣𝗮𝗿𝘁𝗻𝗲𝗿 𝗼𝗳 𝗦𝗼𝗹𝗮𝗿𝗣𝗼𝘄𝗲𝗿 𝗘𝘂𝗿𝗼𝗽𝗲, 𝗯𝘂𝗶𝗹𝗱𝗶𝗻𝗴 𝗼𝗻 𝘀𝗲𝘃𝗲𝗿𝗮𝗹 𝘆𝗲𝗮𝗿𝘀 𝗼𝗳 𝗰𝗼𝗹𝗹𝗮𝗯𝗼𝗿𝗮𝘁𝗶𝗼𝗻 𝗼𝗻 𝗺𝗮𝗿𝗸𝗲𝘁 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝗳𝗼𝗿 𝗘𝘂𝗿𝗼𝗽𝗲'𝘀 𝘀𝗼𝗹𝗮𝗿 𝘀𝗲𝗰𝘁𝗼𝗿. Through the partnership, we'll be contributing data analysis, modelling and expert insights to SolarPower Europe's flagship reports and policy positions across solar PV and battery storage. We'll also engage directly with their membership through webinars and high-level events. Read the full announcement here: https://lnkd.in/eGr-rqpU Rystad Energy SolarPower Europe Jarand Rystad Walburga Hemetsberger

🌍 Middle East tensions. ⚡ Record power demand in India. 📈 Limited disruption to India’s power sector. Why? ⚡ Even though gas was down 35% Year-on-Year in April, the impact was limited due to fact that India is not heavily reliant on gas-fired generation. Instead, a strong coal baseload 🏭 combined with growing solar PV ☀️ helped the country successfully meet even a new record power demand on April 25th 📈 The generation mix in April 2026 looked like: 🏭Coal: 73% 🛢️Gas: 1.3% 🌊Hydro: 6.7% ⚛️Nuclear: 3% ☀️Solar: 12.4% 💨Wind: 3.6% The hero generator was: 🏆Solar: Up 23% from April 2025 How did coal and gas perform? 🏭Coal: Down 0.8% from April 2025 🛢️Gas: Down 35% from April 2025 What could happen next? Rystad Energy expects: 1️⃣No material impact to the country’s power sector in the near term 2️⃣Electricity demand uptick from switches to induction cooking and EVs as tensions in the Middle East persist

⚡ The Middle East energy transition isn't stalling it's compressing. Short-term pain. Sharper medium-term rebound. Here's why. 🧵 ⚡ The Gulf conflict is expected to push active renewable projects back by 3–12 months, but paradoxically, it is reinforcing the long-term strategic case for the energy transition. 🚨 Four near-term headwinds: 📦 Gulf solar module imports collapsed 82% — from 1758 MWdc/month average in 2025 to just 309 MWdc in March 2026, as Hormuz disruption chokes Chinese equipment supply. 🚢 Asia–Mediterranean freight rates surged from $2,826 → $3,594/FEU in under six weeks, squeezing thin 25-year PPA margins. 💰 Sovereign fund attention and NOC resources are pivoting toward restoring and securing hydrocarbon infrastructure. 🏛️ Policy bandwidth risks shifting toward hydrocarbon reliability over clean energy deployment. But the financial logic for renewables has never been stronger. With Brent above $100/bbl and LNG at $15–20/MMBtu, every MW of domestic solar or wind directly frees up hydrocarbons for export at record prices. The opportunity cost of burning gas and liquids in a domestic power station has fundamentally repriced the energy transition for Gulf exporters. 🌍 The impact is sharply uneven across the region 👇⏩ Short-term delay. Sharper acceleration to follow. 📄 Analysis with data → https://lnkd.in/eGgcQkYV

𝐆𝐚𝐬 𝐢𝐦𝐩𝐨𝐫𝐭 𝐟𝐨𝐨𝐭𝐩𝐫𝐢𝐧𝐭𝐬 𝐚𝐫𝐞 𝐟𝐚𝐫 𝐟𝐫𝐨𝐦 𝐞𝐪𝐮𝐚𝐥 𝐚𝐜𝐫𝐨𝐬𝐬 𝐄𝐮𝐫𝐨𝐩𝐞. 📊 As attention shifts from direct emissions to value-chain emissions, the methane losses linked to gas supply are becoming harder to ignore. The picture is highly differentiated by country. Some European importers have relatively low methane losses in their gas supply mix. Others sit much higher on the scale, driven by exposure to suppliers with higher upstream methane intensity. France stands out in the analysis, largely due to significant LNG imports from Algeria. That matters because future regulation is expected to push importers toward cargoes with lower upstream greenhouse-gas footprints — and potentially, over time, broader value-chain methane losses too⚡ The key takeaway: methane performance is no longer just a producer-side issue. It is becoming a value-chain question for importers, buyers and policymakers. See the full analysis here: https://lnkd.in/e9gm53EW How should European gas buyers balance supply security with growing scrutiny of value-chain emissions? #MethaneEmissions #NaturalGas #EnergyMarkets #LNG #EnergyPolicy

We are pleased to share that 𝗥𝘆𝘀𝘁𝗮𝗱 𝗘𝗻𝗲𝗿𝗴𝘆 𝘄𝗶𝗹𝗹 𝗯𝗲 𝘁𝗵𝗲 𝗚𝗹𝗼𝗯𝗮𝗹 𝗜𝗻𝘁𝗲𝗹𝗹𝗲𝗰𝘁𝘂𝗮𝗹 𝗣𝗮𝗿𝘁𝗻𝗲𝗿 𝗮𝘁 𝘁𝗵𝗲 𝟰𝘁𝗵 𝗖𝗵𝗶𝗻𝗮 𝗘𝗻𝗲𝗿𝗴𝘆 𝗪𝗲𝗲𝗸 (𝗖𝗘𝗪). Under this year’s theme, “𝗕𝗿𝗲𝗮𝗸𝗶𝗻𝗴 𝗕𝗮𝗿𝗿𝗶𝗲𝗿𝘀 · 𝗖𝗼𝗲𝘅𝗶𝘀𝘁𝗶𝗻𝗴: 𝗥𝗲𝘀𝗵𝗮𝗽𝗶𝗻𝗴 𝘁𝗵𝗲 𝗡𝗲𝘄 𝗚𝗹𝗼𝗯𝗮𝗹 𝗘𝗻𝗲𝗿𝗴𝘆 𝗢𝗿𝗱𝗲𝗿,” CEW will convene policymakers, industry leaders, top scientists, and investment institutions to explore the core issues and future prospects of the energy transition. Our Rystad Energy experts will be speaking at the event, sharing market-informed perspectives and actionable insights. 𝗗𝗮𝘁𝗲: 19 - 22 May 2026 𝗧𝗶𝗺𝗲: 9:00am CST 𝗟𝗼𝗰𝗮𝘁𝗶𝗼𝗻: Beijing E-Town (Yizhuang) Yicheng Times Square, Beijing Economic and Technological Development Zone (Jinghai 4th Road, Beijing Economic and Technological Development Zone) @eric meng - @yicong zhu - @simeng deng - Vegard Wiik Vollset https://lnkd.in/eJiAFukQ