Power

Get better insight into the evolution of local and global power markets.  

Which power sources are competitive at different times and locations, and how fast will power demand grow? One of the few things most forward-looking energy scenarios have in common is that global electricity demand will grow substantially during the coming decades. The combination of growing demand and the need to replace existing supply will trigger large capacity additions. Power markets and infrastructure will also need to adapt to an increased share of intermittent supply, more geographically distributed generation and new demand patterns.

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Advisory

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Drivers of change and uncertainty in power markets are both of global and local nature. Rystad Energy tracks all power generation sources from a global perspective, analyzing the competitiveness of solar PV, offshore wind, gas, coal and other power sources on a continuous basis. We combine our insight and knowledge from these global trends and perspectives with local knowledge on existing infrastructure and energy policies.  

Our advisory service is powered by proprietary asset-level data on power plants, which allows us to swiftly and realistically provide an outlook on the future power mix. Our services can help clients to identify the potential growth in installed renewable capacity, and also the future need for conventional energy sources (ie. gas, coal and nuclear) as well as storage. In this way, a stable power supply can be ensured by backing the intermittency of renewable power generation.  

Rystad Energy forecasts the power mix for all countries worldwide, by examining government policies and creating differing scenarios on the development of renewable energy and the decommissioning of capacity from conventional sources. Understanding the global power mix also enables us to provide accurate gas and coal demand forecasts at country-level.