The recently emerged ‘Global Energy Interconnection’ initiative has offered growth opportunities toward the development of major interconnections, regionally and on an inter-continental scale to enable the massive growth in renewable energy technologies to meet the global energy demand.

The EOR market is expected to see good recovery due to rising oil prices.

As the world gradually, but perceptibly, transitions from finite fossil fuel power generation toward renewable and sustainable forms of electricity supply, further pressure is placed on electrical grids.

The oil price fall in 2014 changed the dynamics of the SURF market, and future oil price levels will strongly influence SURF expenditure. This is the case even for natural gas projects, as natural gas is tied to the price of oil in most regions.

The report includes 135+ tables, charts, and graphs that analyse the thermal EOR market.