McKinsey & Company | News | Energy

An overview of McKinsey & Company news in the UK:

AI energy demand could hinder net zero progress and outstrip supply According to a new study from McKinsey & Company, the fervour for digital and AI capabilities is creating greater energy needs – even as the world struggles to meet its pre-GenAI net zero targets.
18 November 2024
Growing demand in battery industry calls for innovation – and recycling Solutions will need to be found to meet increasing demand for lithium-ion (Li-ion) batteries.
25 September 2023
Fossil fuels peaking not enough to limit global warming, study warms Aggregate fossil fuel demand is set to peak in 2027, according to a new study. The research also asserts that demand for coal, oil and gas will never return to its pre-pandemic growth curve.
08 February 2021
Energy use must decouple from GDP growth for sustainable future Transforming the global economy is increasingly seen as imperative to preventing an irreversible climate disaster, but at present only marginal and short-term improvements have been committed to by g
18 June 2019
Global energy demand set to plateau by 2035 With the rise of renewable energies and the improvement of energy efficiency technologies, global energy demand is expected to plateau by 2035.
18 February 2019
Rise of energy storage set to drive down energy prices, McKinsey says Investment by consumers and businesses in renewable energy solutions increasingly make economic sense, as prices come down, a new McKinsey report has found.
18 July 2017
Global oil producers slash costs as low commodity prices bite In a bid to remain operational, globally oil companies have been forced to decrease operational costs by 29% on average, with around 50% of cost cutting likely to be sustainable in the longer-term.
27 June 2017
Technology to bring forward peak energy and renewables tipping point The world economy stands to hit peak Energy by 2025, according to a new study.
12 June 2017
McKinsey & Company downgrades its global energy demand outlook McKinsey & Company has downgraded its global energy demand outlook. Changing market conditions may have material implications for carbon energy assets and investments.
27 July 2016
RWE npower names McKinsey partner Kyle Braden CRO Energy provider npower has picked up McKinsey & Company’s transformation expert Kyle Braden, who joins in the newly created Chief Recovery Officer position.
10 December 2015
Solar energy will be a market disruptor in 2020 During upcoming years costs associated with manufacturing and installing solar panels will drop. This can be concluded from an investigation by McKinsey & Company. This decrease in costs will be high enou
23 April 2014
McKinsey: LED lightning dominates lightning market The LED industry will realize an annual sales growth of 30% until 2020, while the total lighting market will only show 3 to 6% sales growth per year in that period. At the same time, LED represents 7% of the lightning mix. Due to the explosive growth,
21 May 2012

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