Energy Security Concerns Fuel Boom In Renewable Capacity ...Middle East

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Energy Security Concerns Fuel Boom In Renewable Capacity
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The energy transition continued apace in 2022 despite Russia’s invasion of Ukraine, ongoing disruptions to global supply chains and inflationary pressures – all of which translated into high energy prices around the globe. However, sustained high prices may ultimately mark an inflexion point − or prove to be a major catalyst − in shifting the global energy system away from a dependence on hydrocarbons and towards lower-cost clean energy resources. Hydrocarbons are unevenly distributed around the world, require supply chains…

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