Renewable energy projects seek investment alternatives
Investment in renewable energy needs to double if EU targets are to be met. With governments and investment banks reining in lending, the market is looking at alternative sources to plug the gaps. Gillian Carr investigates this and the implications of more complexity for risk managers
Renewable energy in Europe is facing some extremely tough challenges in the wake of the financial crisis and the dire straits for eurozone debt. Making up 11.6% of power generation in Europe according to the most recent 2009 European Commission data, renewable power needs to grow by 5% a year in order to hit the European Union’s (EU’s) binding target of 20% of electricity to come from renewables by 2020.
While this target has always been challenging, it now seems the industry is facing an uphill
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact info@risk.net to find out more.
You are currently unable to copy this content. Please contact info@risk.net to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@risk.net
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@risk.net
More on Environment-Renewables
European Parliament vote on carbon market reforms seen as bullish
Energy traders welcome reforms seen as shoring up ailing EU carbon market
Modelling the financial risks of wind generation with Weibull
The manner in which wind generation can affect the half-hourly APX price is discussed
EU TSOs need carrot to tackle congestion – EEX's Reitz
Power grid operators and capacity mechanisms seen as impeding cross-border trade
Q&A: Ercot's Doggett on wind power surge and EPA rules
Outgoing president and CEO discusses challenges posed by renewables in Texas
EU power traders rail against national interventions
Capacity and renewables schemes deterring investment, say panel participants
Weather house of the year: Munich Re Trading
Weather derivatives specialist wins praise for consistent, high-quality service
Emissions house of the year: CF Partners
Specialist knowledge of carbon market is crucial to company's success
Asian emissions markets seen as step in right direction
China and South Korea emissions schemes show promise, say industry groups