The global energy market is in flux. In the face of power supply gluts and low commodity prices – fossil fuel producers, integrated utilities and merchant generators have shifted their business strategies. What’s more, the growing presence of renewables is disrupting the grid’s status quo – with increasingly favourable regulatory policy and technological improvements aiding renewable energy’s growth prospects.
Exploring reasons for the changes in InfraNews, Michael Wilkins, S&P Global Ratings’ Head of Environmental and Climate Risk Research, explains how renewables are proving disruptive within the energy market
To read the full article, please click here (subscription required).