Deals relating to energy storage increased significantly in the offshore industry in H1 2022
Deals relating to energy storage in the offshore oil and gas industry operations and technologies sector have seen an increase of 120% from H1 2021 to H1 2022.
In the first half of 2022, the number of deals relating to energy storage increased significantly – by 120% from the same period in 2021.
This marks a deceleration in growth from the 450% increase in deals that occurred in H2 2021 relative to the same period a year earlier.
GlobalData’s deals database looks at mergers, acquisitions, and venture capital and private equity investments taking place daily between thousands of companies across the world.
During the first half of 2022, deals relating to energy storage accounted for 4.1% of all deals taking place in the sector. This represents an increase from the figure of 1.7% in the first half of 2021.
GlobalData's thematic approach to sector activity seeks to group key company information on investments to see which industries are best placed to deal with any issues they may encounter.
These themes, of which energy storage is one, are best thought of as "any issue that keeps a CEO awake at night", and by tracking them, it becomes possible to ascertain which companies are leading the way on specific issues and which ones have some work to do.