Published: 10 October 2019 10 October 2019
Watson Farley & Williams (WFW) has launched a new report “The Future of Renewable Energy: Renewable Power Generation, Merchant Risk and the Growth of Corporate PPAs. The report, based on interviews conducted by Acuris with 150 senior level investors, financiers, developers and power producers in Europe and South East Asia, provides insight into key regional and global trends currently impacting the industry, as well as the issues that will shape the future of renewable energy.
WFW Global Energy Sector Co-Head Malte Jordan commented: “New investment in renewable energy is fast approaching a key milestone: reliance on subsidy-free power generation. This new era will present challenges and opportunities in equal measure. Competitive advantage is likely to be achieved by those who are best able to understand and manage merchant risk, engage with and develop corporate PPAs, and help tackle intermittency through energy storage solutions”.
WFW Global Energy Sector Co-Head Henry Stewart added: “As the world’s most mature renewables market, Europe is leading the way in adapting to subsidy-free power generation. While Asia too will soon face the same challenges, for the present, fragmented regulation is the primary hurdle for the growth of renewable energy in that region. I believe this report will be of interest not only to our clients, but to anyone interested in the future of renewable energy worldwide”.