• 4 minutes Will We Ever See 100$+ OIL?
  • 8 minutes Iran downs US drone. No military response . . Just Destroy their economy. Can Senator Kerry be tried for aiding enemy ?
  • 11 minutes Energy Outlook for Renewables. Pie in the sky or real?
  • 11 hours Shale Oil will it self destruct?
  • 6 hours Berkeley becomes first U.S. city to ban natural gas in new homes
  • 2 hours Iran Captures British Tanker sailing through Straits of Hormuz
  • 1 hour Iran Loses $130,000,000 Oil Revenue Every Day They Continue Their Childish Games . . . .Opportunity Lost . . . Will Never Get It Back. . . . . LOL .
  • 10 hours Oil Rises After Iran Says It Seized Foreign Tanker In Gulf
  • 15 hours Drone For Drone = War: What is next in the U.S. - Iran the Gulf Episode
  • 2 hours Renewables provided only about 4% of total global energy needs in 2018
  • 19 hours Today in Energy
  • 2 days Populist, But Good: Elizabeth Warren Takes Aim at Private-Equity Funds
  • 2 days Mnuchin Says No Change To U.S. Dollar Policy ‘As of Now’
  • 1 day Why Natural Gas is Natural
  • 1 day LA Solar Power/Storage Contract
  • 6 hours U.S. Administration Moves To End Asylum Protections For Central Americans
Alt Text

Clean Energy Is Doomed Without More R&D Spending

Climate change is a growing…

Alt Text

India’s Solution To A 100% Surge In Energy Demand

India’s increasing hunger for energy…

Graham Cooper

Graham Cooper

Graham is a writer for Environmental Finance.Environmental Finance is the leading global publication covering the ever-increasing impact of environmental issues on the lending, insurance, investment…

More Info

Premium Content

Clean Energy Infrastructure a Good Match for Pension Funds

Investments in European renewable energy infrastructure are a good choice for pension funds and insurance companies because they provide a good match with their liability profiles, said Joost Bergsma, CEO of BNP Paribas Clean Energy Partners.

Speaking at Environmental Finance’s Investing in Renewable Energy Infrastructure conference in London on 9 July, he noted that the EU’s goal of generating 20% of its energy from renewable sources by 2020 provides a background of strong demand. Furthermore, in many member states, progress towards this goal is being driven by policies that are attractive to long-term investors.

These include: feed-in tariffs that guarantee a premium price per kWh; priority on the transmission grid for clean energy; inflation-protected revenues; and strong cashflows. The sustainability features of these projects is not a major driver for most investors but rather an added benefit, he noted.

The fact that feed-in tariffs may be reduced over time, is not necessarily a problem as, in most jurisdictions, once a project has been granted a particular tariff, it is locked in and new tariffs apply only to new projects. For example, he said recent reductions of around 15% in feed-in tariffs for solar power projects in Germany and up to 18% in Italy were “appropriate” given that the cost of producing solar cells has fallen significantly. “It’s healthy that subsidies are coming down,” he said.

The more dramatic changes proposed in Spain which may affect some existing projects, not just new ones, are a special case, he said. In most countries with feed-in tariffs, the premium price is passed on to electricity consumers, but in Spain the extra cost is born by the state.

By. Graham Cooper

Source: Environmental Finance




Download The Free Oilprice App Today

Back to homepage


Leave a comment

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News
Download on the App Store Get it on Google Play