This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.
- Home
- Research
Research
We carry out scenario analysis and research to examine and understand how potential changes to supply and demand will impact the future of fossil fuel-exposed companies and projects. This analysis helps the investment community better understand the financial implications of tackling climate change
Popular Searches
Popular Reports


ExxonMobil – The Existential Crisis



ExxonMobil’s Transition Plan


The Sky’s the Limit: Solar and wind energy...


SHELL – Will Shell’s Energy Transition...


ExxonMobil’s Transition Plan
Transition Plan Analysis (TPA) Level 1 Despite differing views on climate change, it cannot escape anyone’s attention that the climate...

ExxonMobil – The Existential Crisis
Transition Plan Analysis (TPA) Level 2 Despite differing views on climate change, it cannot escape anyone’s attention that the climate...

SHELL – Will Shell’s Energy Transition Strategy Change Under Its New CEO?
Key Findings: Shell has made a significant effort to improve the amount, depth and frequency of information in its approach to the...

EU Gas Summary
Decarbonising CCGT, grids & Scope 3 Emissions Engie needs to consider retiring merchant CCGT capacity. Its plans to reduce carbon...

Naturgy Energy Group S.A – Five steps to alignment
Transition Plan Analysis: For Naturgy to be fully aligned with the goals of the Paris Agreement, five things need to happen. ...

Engie – Reducing both scope 1 and 3 emissions – scope for improvement
Transition Plan Analysis: Engie’s plans to reduce carbon intensity for scope 1 and 3 emissions from generation are not fully aligned...Popular Reads
ExxonMobil – The Existential Crisis
We carry out scenario analysis and research to examine and understand how potential changes to supply and...
Read MoreExxonMobil’s Transition Plan
We carry out scenario analysis and research to examine and understand how potential changes to supply and...
Read MoreCentrica plc – Four steps from Company, Regulator and Government to...
Corporate Research Report January 2023For Centrica to be aligned with the goals of the Paris Agreement, four things need to happen: The company needs to...
Read MoreJ-Power has a commitment to achieve net zero emissions by 2050 but we do not think the plan is currently Paris-aligned We...
Read MoreThe Transition Files: periodic thoughts and views on companies, industries...
Corporate Research Journal October 2022The Transition Files In Volume 1, this journal comprises: an article on SHELL, another on Discounted Cash Flows, and one on...
Read MoreRWE is bringing forward the closure of 3.1GW of lignite capacity at Niederaussem K, Neurath F & G from end 2038 to December...
Read MoreCorporate Research: PGE – Urgency needed, especially for renewables
Corporate Research Report September 2022PGE PGE’s planned transition to net zero is not aligned with the goals of the Paris Agreement. PGE could retire 5.7GW...
Read MoreCorporate Research: Uniper SE – Restructuring due but let’s not...
Power Analyst Note September 2022Uniper SE Uniper’s transition to net zero is not aligned with the goals of the Paris Agreement. Datteln4 is a major...
Read MoreCorporate Research: RWE AG – Talking the talk, but will need to walk...
Power Analyst Note September 2022RWE AG RWE’s transition to net zero is not fully aligned with the goals of the Paris Agreement. Germany has yet to...
Read MoreCorporate Research: CEZ a.s – Restructuring due; urgent need for...
Power Analyst Note September 2022CEZ a.s CEZ’s transition to net zero by 2040 is not fully aligned with the goals of the Paris Agreement. CEZ is...
Read MoreWe are writing this report because retiring coal is the fastest route to decarbonisation and alignment with the goals of the...
Read MoreCLP Holdings Limited (CLP) has a commitment to achieve net zero emissions by 2050. However, we do not think CLP’s net zero plan...
Read MoreTenaga Nasional Berhad (TNB) aims to achieve net zero emissions by 2050 underpinned by a commitment to reduce 35% of its...
Read MoreAdani Power Limited (APL) has no commitment to achieve net zero emissions and no meaningful plans to manage the energy transition...
Read MoreShell’s Energy Transition Progress Report: Still lacking absolute...
Corporate Research Flash Note May 2022Shell recently published its first Energy Transition Progress Report. The document has been produced ahead of the AGM on 24...
Read MoreThird Point, the US activist hedge fund, has recently proposed a significant change to the corporate structure of Shell,...
Read More