Expectations that Big Oil will increasingly move into renewables have been growing as crude prices continue to stagnate and 2017 will see more “old” energy developers begin to detail their play books for wind, solar and storage.
Many eyes will be on Shell this year. The Dutch-Anglo petroleum giant has been angling to bring its offshore oil and gas project nous – and capital (in the ‘crisis’ of 2015, it still had revenues of $265bn) – to bear on offshore wind.
