More power, flower

Our big focus this week has been on the energy markets and our Outlook for 2021 looks at everything from oil to solar to wind to utilities. Joe Biden's looking for growth but tax rises are coming. There's political turmoil in Italy and the ECB is looking to steady the ship amid all the economic concerns

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Report Energy

Sustainability

Energy Outlook 2021

The pandemic reduced energy demand in 2020, but the energy markets will bounce back in 2021 as the global economy recovers

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Patterson on oil: 3 reasons why it should continue rising

Brent crude has traded as much as 10% higher so far this year to levels we last saw before the pandemic. A weak dollar is helping as has a Saudi…

Oil market set to continue tightening over 2021

Commodities, Food & Agri

Energy

Oil market set to continue tightening over 2021

While there is still plenty of uncertainty over 2021 due to Covid-19, the roll out of vaccines and continued supply cuts from OPEC+ mean that the market…

Energy

Sustainability

Wind and solar get increasingly cheaper

Wind and solar energy are expected to gain cost competitiveness over fossil fuel and nuclear power in 2021. Increasingly, it is becoming cheaper to add…

Energy

Sustainability

Solid growth for wind and solar

Covid-19 has had little impact on the growth prospects for wind and solar. The European wind and solar markets are expected to provide solid growth of 8%…

Commodities, Food & Agri

Energy

Asian LNG drags the gas complex higher

Gas markets had a volatile 2020, with prices initially coming under pressure with not only a demand hit, but a ramping up in LNG capacity. However, a…

Energy

Rise in investment increases capital needs for utilities

A recovery in power demand of 3% on average for the European Union, coupled with a recovery in power prices, should bring European utilities back to…

US: Biden goes big

Joe Biden is proposing a $1.9tn fiscal support package, called the “American Rescue Plan”, focusing on stimulus cheques, income support, money…

Italy

Italian political turbulence unlikely to turn into a thunderstorm for markets

The Italian government looks set to face an imminent crisis. With early elections still looking unlikely, we think the market impact should be contained.…

ECB: Minutes from December meeting show strong support for latest package

The just-released minutes of the European Central Bank's December meeting illustrate the strong support for the announced package as well as clear…