Energy and environmental markets are undergoing major change.

Established business models are changing, disruptive new players are entering the market and new technologies are maturing. These factors bring more diversity of investment opportunities and returns, while the devolution agenda adds momentum to the trend towards decentralised energy in cities. With these opportunities come challenges. Notwithstanding the climate change threat, for instance, there is greater scrutiny than ever over the cost of energy and the element that "green" initiatives represent in this cost. While regulation remains at the heart of the sector's development, the future direction of government policy is uncertain. Globally, oil prices are having various direct and indirect and in some cases transformative consequences.

Colin Johnson

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Mike Read

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