Just as leading international oil companies were revealing ambitious plans in the renewable energy space early this year, the coronavirus pandemic turned energy markets on their heads, upending demand forecasts and forcing companies to revise their assumptions and outlooks.
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The power plays ranking is based on current operational assets across renewables, CCS, downstream energy retail, sustainable transport and battery storage. The ambition ranking is based on stated renewables capacity targets.
Related blog post: Power Plays: European oil majors ramp up targets for renewable power