MarketLine Blog

Posts tagged to Energy

Donald Trump: Incoming president likely to create bigger mess than his hair


Donald Trump’s policy detail is rather thin, but based on multiple and contradictory things he has said on the campaign trail, shrinking of the state via both reduced tax income and federal spending while promising to build a border wall and renovate infrastructure, protectionist stances on international trade agreements while promising a Brexit Britain a comprehensive deal, an expansion of dirty industries at the expense of environmental regulation, and undermined central bank independence. Donald Trump’s election to the Oval Office was considered one of the most divisive and bitter elections… Read more

Trump’s win is good news for US economy


Donald Trump’s whole mantra during his campaign (as evidenced by his rather natty headwear) has been to ‘Make America Great Again.’ In order to do this, he knows he must make the US competitive on the global stage. He has pledged to reduce taxes heavily for low and middle income Americans and also to make sure that the wealthy (including corporations) do not pay too much as that undermines jobs. This should help boost the currently questionable level of job creation and to increase spending power, which should in turn… Read more

Denmark is a renewables leader, but its ambitious policy has caused problems


Denmark is one of the most progressive countries in the world when it comes to energy, and is aiming to be fossil free by 2050, in both electricity production and transportation. The optimistic strategy was announced in 2011. By 2020, the government aims to generate half of electricity from wind power. This ambitious policy is well on its way – the country generated 39% of its electricity by wind power in 2014, dropping slightly from the 41.2% generated in the first six months of the year. Former Climate Minister Rasmus… Read more

Ukraine reduces reliance on the Russian gas and imports more from Europe


Ukrainian state energy company, Naftogaz, has reduced gas imports from Russia by 30% so far in 2013 and will cut them further in 2014. At the same time imports from Europe will double, according to Ukraine’s Energy Minister Eduard Stavytsky. Imports from Europe are expected to reach 2-2.5 billion cubic meters this year, and no less than 5 billion cubic meters in 2014. The reason behind this move is the high price of Russian gas. While the sample average price of gas supplied from Europe by German firm RWE (RWEG.DE)… Read more

Greek government privatizing infrastructure and energy


Following a contraction in Greek domestic product worth at least 15%, the country has, since 2009, been hobbled by market reaction to negotiations with creditors culminating in an (overall) bailout worth $310bn. Greek debt now stands at 171% of GDP.  In part a reaction to this, the Greek government, led by prime minister Atonis Samaras, has put up domestic industry for tender or sale to the private sector. Depa, Greece’s natural gas corporation, is the subject of a bid by Gazprom: the Russian company, which already supplies 90% of Greek… Read more

Hydrogen-Powered Cars Seem to Be the Future of the Motoring World.


Honda Motor is one of the leading manufacturers of automobiles and the largest manufacturer of motorcycles in the world. The company also provides a range of financial services to its customers and dealers. The company has 390 subsidiaries and 102 affiliates all over the world. Since 1999 Honda has worked on fuel cell vehicle prototypes, with FCX-V1 becoming the first mass produced hydrogen-powered car. The future of cars powered by hydrogen is an exciting prospect. First of all, hydrogen as a fuel produces zero CO2 emissions. In addition, the development… Read more

Tough Competition by Chinese Solar Panel Manufacturers


Plunging prices in the photovoltaic (PV) solar panels market has caused a number of bankruptcies, mergers and acquisitions. Additionally, many governments are reducing feed-in-tariff subsidies as part of their austerity measures, affecting the affordability of solar panels for homeowners. With China now manufacturing around 60% of the world’s solar panels, Chinese manufacturers are at the forefront of the solar panel market. As the market consolidates, only those companies best positioned are likely to survive until solar panel prices recover. Suntech Power Holdings is a vertically integrated multi-national solar panel manufacturing… Read more

Siemens’ move from nuclear energy to renewable energy


Following the Fukushima earthquake and tsunami on the 11th March 2011, and the ensuing nuclear disaster, Siemens AG announced on September 19th 2011 its exit from the nuclear power industry. Siemens announced its withdrawal from the nuclear power industry with immediate effect as a result of the March 2011 Fukushima nuclear disaster and due to the position of German society and politics, however the company stressed it was not pressured by the German government. Although there is growing public and governmental distrust of nuclear power production volumes are forecast to… Read more

Impacts of Deepwater Horizon Oil Spill on BP Plc.


The Deepwater Horizon Oil spill took place in the Gulf of Mexico in 2010. The spill emanated from a seafloor oil gusher caused by an explosion of the Deepwater Horizon semi-submersible Mobile Offshore Drilling Unit, which was owned and operated by US company Transocean. Transocean was drilling for BP in the Macondo Prospect oil field about 40 miles (60km) southeast of the Louisiana coast. The explosion took place on 20th April 2010 and resulted in the Deepwater Horizon oilrig sinking two days later. An average of over 50,000 barrels of… Read more

Alcoa Case Study: Benefiting from Saudi Economic Planning


In 2009, the multinational aluminum producer Alcoa announced a joint venture with the Saudi mining company Ma’aden. Together, they are constructing an integrated bauxite mine and aluminum smelter in Saudi Arabia, pioneering production of this metal in the Kingdom. The project sheds light not only on Alcoa’s commercial strategy, but also on the economic strategy of the government of Saudi Arabia, a country with the mixed blessing of abundant natural resources. Alcoa is a large multinational aluminum player. Like many of its peers, it is vertically integrated, with interests in… Read more

The America’s Region Continues to Dominate the Biofuels Market

  The global biofuels market grew at a strong rate in 2011. This is evidence that the market is continuing to play an increasingly important role in both helping countries to meet international green energy targets and providing a new source of energy to help dissipate the reliance on traditional fuels. Due to high biofuel production costs, the market is affected strongly by local government subsidies and can become unprofitable when a government reduces or pulls out from a biofuel subsidy program in any given country. The global biofuels industry… Read more

US holds the major share of the utilities industry

The Group of Eight (G8) comprises eight of the fastest growing industrial nations in the world: the US, Canada, Germany, France, the UK, Italy, Russia and Japan. MarketLine’s ‘Utilities – Global Group of Eight (G8) Industry Guide’ reveals that the G8 countries contributed $1,786.7 billion in 2010 to the global utilities industry, with a compound annual growth rate (CAGR) of 2.6% between 2006 and 2010. The G8 countries are expected to reach a value of $2,358 billion in 2015, with a CAGR of 5.7% over the 2010–15 period. Electricity is… Read more