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Boston Consulting Group: Oilfield services supply chain will set pace of oil and gas energy transition - Upstream Online

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Boston Consulting Group: Oilfield services supply chain will set pace of oil and gas energy transition | Upstream Online

The supply chain is the “critical link” to enable the energy transition to move at pace in the oil and gas industry, according to Boston Consulting Group (BCG).

Speaking to Upstream on the sidelines of the Offshore Europe 2023 conference in Aberdeen, BCG partner and associate director Martha Vasquez said the oilfield services sector can act as decarbonisation enabler for...

Related Knowledge Center: ENERGY BASICS: renewables

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Renewable energy sources — once the fuel of the future, then practical in specific, narrow applications — are increasingly economic mainstream sources of power generation. Hydropower was long the mainstay of U.S. renewable electricity generation, although wind power surpassed hydro for the first time in 2019, and solar continues its rapid growth. The continued growth of wind and solar, with their fluctuations, is tied in part to improvements in storage technology: batteries.

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