Geopolitical instability in the Middle East and Europe is pushing nations to accelerate electrification and reduce dependence on fossil fuels. From the European Union's electrification plans to China's internal climate mandates for local officials, the shift toward renewables is increasingly driven by energy security and price stability. Renewable energy costs have become highly competitive, with solar and onshore wind LCOE significantly lower than combined cycle gas turbines. Additionally, methane abatement presents a practical opportunity to recover stranded gas supplies and reduce emissions simultaneously.
