Last Update: July 2024
Strenghts
  • Strong push for energy transition
  • Better fundamentals for oil & gas
  • Enhanced policy support to renewables through various instruments
  • Strong alignment of climate and energy security goals
  • Focus on industrial strategy as countries seek to strengthen their sovereignty
Weaknesses
  • Geographical imbalances in investment 
  • Weak electric grid infrastructure in many economies, including the US and the UK
  • Uncertainties over longer-term demand for fossil fuels
  • High upfront spending required for clean-energy investments
  • High financing requirements
  • Vulnerability to geopolitical risk