Edward Parnell's Colleagues at EnCap Energy Transition
Edward Parnell's Contact Details
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Houston, Texas, United States
EnCap Energy Transition
Edward Parnell's Company Details
EnCap is pursuing investment opportunities created by the global transition to a lower-carbon energy system. The dramatic reduction in the cost of renewables and electric battery storage are driving a transformation in the energy sector. Renewables are the fastest-growing source of electricity generation in North America. Coal and nuclear combined currently generate 47% of U.S. electricity. Over the next two decades, U.S. electricity generation from nuclear and coal is projected to decline from 47% to 14% while renewable sources of U.S. electricity are projected to grow from 18% to 37%1. We believe this transition toward renewables and away from coal and nuclear presents exciting opportunities for the firm.