While the world needs a growing supply of affordable, reliable and sustainable energy in line with net-zero goals, companies need to choose their own path through the energy transition. Divergent strategies are emerging as companies seek growth opportunities while responding to pressures from investors and governments. Large, integrated energy companies are deciding where to allocate capital as the energy mix shifts toward low-carbon resources. How will the classes of energy companies be defined in the future? How robust is an “Integrated Energy Company” strategy of providing a diverse range of energy supplies, versus a more focused strategy of providing renewables, low carbon fuels or oil & gas?
Artificial Intelligence (AI) and other digital tools hold enormous potential to help the energy sector deliver energy cheaper and more efficiently while also accelerating the transition to a lower-emission energy system. Where are companies putting these tools to use today? What are the opportunities on the horizon? How can executives parse hype from reality to make the most of these tools in their businesses? How “fast” is AI coming? What are the risks in embracing AI?