Oil worker
UK’s oilfield services firms see turnover drop 9% in 2017

EY predicts it is unlikely overall activity in the sector will return to 2014 levels in the near future

EU flags
Europe’s power sector ‘can be decarbonised by 2045’

A new report published by EY suggests this will need to be enabled by substantial investment, innovation in smart grids and flexible business models

UK’s Brexit uncertainty leads to fall in clean investment

That’s according to EY’s latest Renewable Energy Country Attractiveness Index

Renewables help to drive power and utilities deal value to historic high

Clean energy accounted for around 46% of the agreements made in the most recent quarter

EY commits to banning plastic cups from the office

The move from the accountancy and consultancy firm aims to slash pollution and environmental damage

Power and utilities mergers hit all-time high of $97bn

EY says 15 multi-billion-dollar deals accounted for 90% of this figure

UK rises to seventh place on renewable attractiveness leaderboard

EY says this is largely due to embracing subsidy-free solar, building new onshore wind projects and repowering old wind farms

‘Energy customers need more transparent and visible data’

Simon Cox, Director at EY Advisory, said energy suppliers, brokers and TPIs need to work out their role in the changing marketplace as data becomes an increasingly valuable commodity

Oil & gas deals hit five-year low in 2017

The volume of global oil and gas deals hit a five-year low in 2017. That’s according to a new report from business services firm EY, which found the total value of global transactions fell to $343 billion (£247bn) from $390 billion (£281bn) the year before. Despite a 21% increase in single deals of more than $1 […]

EVs and traditional cars ‘to reach parity within decade’

  Electric vehicles (EVs) are to overtake traditional combustion engines in terms of price and performance within a decade. That’s according to Benoit Laclau, Global Power & Utilities Leader at EY, who spoke to ELN earlier this week about important stages in the energy sector becoming more decarbonised, digitised and decentralised. He said the first […]