High interest rates 'hurt renewables more than oil and gas, slowing energy transition'

Increasing cost of capital has ‘profound implications’ for energy transition, says WoodMacKenzie economics chief

The Ishikari Bay New Port offshore wind farm in Japan during installation.
The Ishikari Bay New Port offshore wind farm in Japan during installation.Foto: JERA
Published 18 April 2024, 11:43Updated 18 April 2024, 12:58
Wood MackenzieUSNorth America