Description
Environmental Business Journal, Volume 35 Numbers 3/4: Q2 2022 Environmental Industry Outlook 2022
Environmental Business Journal estimates overall environmental industry growth of 4.6% in 2021 and forecasts 4-5% growth in 2022. Environmental services that make up 44% of the $446 billion U.S. environmental industry fared marginally better than equipment segments. Clean energy systems & power have always been a segment of the environmental industry as defined by EBJ since 1988, but the scope of ‘clean energy’ has become much wider than the wind and solar industries tracked, and energy transition not just an industry segment but an existential challenge. Demand for climate change mitigation and adaptation have elevated the need for professional services providers and contractors to build capacity and practice areas in multiple new segments. EBJ research in this Industry Outlook edition focuses on the energy transition and climate stability services being developed and deployed in the market by companies with their core business in the environmental industry. Two EBJ surveys rank service and project activity areas to benchmark where environmental companies are on the continuum from environmental cleanup to energy transition.
EBJ’s annual industry outlook edition presents summary tables from:
EBJ 2022 Environmental Industry Snapshot Survey and EBJ Energy Transition Project Heat Index Survey, June 2022.
Table of Contents
EBJ’s Environmental Industry Outlook 2022 assesses the magnitude of energy transition and the current activity of environmental companies in a wide range of new service categories; EBJ Snapshot Survey benchmarks growth & margins as the industry reacted to covid-19 and the multiple shocks to the system in 2022 1-15
Key Takeaways From Economic Outlook Reports: Scenario Analysis and Forecasts from S&P Global Ratings, The Conference Board and Morgan Stanley Research; S&P 500 Falls Into Bear Market Territory; EIA’s Short-Term Energy Outlook Reflects the Volatility of Global Economy; Sankey Diagrams Depict the Early Stages of Energy Transition; Residential Boom Highlights FMI Construction Outlook 16-27
Citadel EHS Launches Sustainability Practice In Response To Client Demand 28
RES Builds on Leadership in Ecological Restoration to Put Resiliency as Core Business Strategy; RES Receives New Backing from Onex Partners and KKR 30
Project Canary Measures Facility Level ESG Data with Focus on Methane: Project Canary Raises $111 Million From Top Climate Tech and SaaS Investors 33
Flashfood is a Win for Consumers, Grocers and the Planet; Flashfood Raises $12.3 Million Series A to Scale Grocery Partnerships and Tackle Retail Food Waste 36
Morrissey Goodale AE Industry M&A: Year-In-Review; Year 2021 Smashes Records For Industry M&A; 2022 Poised to be Even Bigger 38
Low Carbon Commits to New Leadership and 20 GW of Renewables Capacity in the Americas by 2030 41
Vertex Completes Private Equity Ownership Transition with Wind Point; Poised to Continue Ambitious Growth Plan 42
NEPA: The Old Becomes New in 2022: K&L Gates Reflects on Restoration of NEPA in the Context of the Infrastructure Investment Law 45
H2 Industries Pioneers Green Hydrogen and Waste-To-Hydrogen with a $1.4 Billion Project in Oman 47
Exhibits
Environmental Industry and C&E Growth 2021-2023
EBJ’s Key Market Driver & Forecast Elements
Environmental Companies: New Services or Practice Areas Added in Energy Transition: 2020-2024
Environmental Industry: Key Growth Factors: 2004-2024
EBJ Energy Transition Project Heat Index: 2022 Activity Level (Top Tiers)
Pandemic Impact on Revenue
Company’s Gross Revenue Growth Rates
Average Reported Operating Margin 2017-2022
Operating Margin Change: 2020 vs 2021
Reasons For Margin Change
Ranking of Environmental Markets by Client: 2019-2022
Rating of Environmental Markets by Client in 2022
Geographic Growth Prospects in North America in 2022
Geographic Growth Trends in North America: 2019-2022
Coal: % of US Electricity Generation 2000-2050
Renewable Energy of US Electricity 2020-2100: (Non-hydro RE)
Opportunities from Infrastructure Investment and Jobs Act
Energy Transition Project Heat Index: Noteworthy Projects
U.S. Real GDP March 2022 Baseline, Downside & Upside Scenarios
Morgan Stanley 2022 Midyear Economic Forecasts vs. Consensus
Asset Classes by Total Return in 2022 to May
Standard & Poor’s 500 & Dow Jones Industrial Average Stock Indices in Percentage: June 2021 to June 2022
US EIA STEO Crude Oil Price Scenario Range: 2017-2024
US EIA STEO: US Residential Electricity Price: 2018 to 2023
US EIA STEO: US Natural Gas Prices: 2018 to 2024 Forecast
U.S. Energy Flow in 1990: Net Primary Resource Consumption: 81 Quadrillion British Thermal Units or Quads
U.S. Energy Consumption in 2020: 93 Quads
U.S. Energy Consumption By Source and Sector, 2021 in Quads
U.S. Energy-Related Carbon Dioxide Emissions in 2001: 5,750 Million Metric Tons
U.S. Energy-Related Carbon Dioxide Emissions in 2021: 4,860 Million Metric Tons
World Greenhouse Gas Emissions in 2018: 49 Gigatonnes of Carbon Dioxide Equivalent
USA Construction Put in Place 1997-2026 in $Millions
Nonresidential Construction Spending Put in Place 2021 and Forecast Growth Through 2026) by Construction Segment
Morrissey Goodale AE Industry M&A Deals 2017-2021
For more information on the Environmental Industry, click here to visit the EBJ homepage.
