⚜Rvasus⚜

  Adoption of renewable energy and digitization are some trends impacting the global energy sector. There is limited available information in the public domain regarding how key players are facing these challenges, although some insights can be extracted from their marketing efforts and investor relations. Details about the current state of the global energy industry can be found in the attached slide presentation . Trends and Challenges The global energy industry is moving towards renewable sources of energy, particularly wind and solar. Over 75% of all new investments in new capacity were devoted to renewable energies in 2019, with China and the United States leading the pack. Digitization is another trend. Despite being commonplace in other industries, the energy sector tends to be a slower adopter of new technologies. Cloud computing, robotics, IoT, and big data are emerging trends that are likely to change in the next few years.   COVID-19 is one of the challenges the ...

  Iceland's location in the North Atlantic Ocean and being close to the North Pole gives it daylight patterns unlike most other countries. Daylight is limited most in winter months and more available during summer months. Other countries that are similarly situated in the extreme north by the Arctic circle have similar daylight patterns are Greenland, Norway, Sweden, and Alaska in the United States. Information about each country is detailed below.