The energy transition in North America
Portfolio Manager/Analyst, Global Listed Infrastructure Sydney, Australia
The energy transition in North America is gathering speed and significantly altering the fundamentals of the energy industry and the economy more broadly.
The continent is well known for its wealth of natural resources and well-established industries proficient at their extraction and commercialisation.
However, in recent times this development has been more focussed on renewable energy. Over a decade ago this was encouraged by embryonic policy but today the economics are as attractive as they are for any energy resource available in Canada, Mexico and the US.
This evolution of the generation mix is key to the energy transition and an important catalyst for other developments, such as battery storage, electric vehicles, and electrification in general.
New technologies, such as hydrogen and carbon capture, will continue to emerge and are likely integral to meeting decarbonisation and other policy objectives. Equally demand will also have a critical role to play, becoming more informed and more flexible.
The impacts will be evolutionary and widespread across the economy and society; therefore, reliability and diversification will remain critical for decades to come. And central to all these dynamics is the role played by infrastructure, as a facilitator and a catalyst. These topics are the focus of our latest report on the energy transition in North America.
AMP Capital’s global listed infrastructure team believes there are some key opportunities for the infrastructure sector from the energy transition happening in North America. You can read more about this in the article here
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