Finance & EconomicsFinance & Economics
Analysis of the Front National 2024 Program and Its Potential Impact on Financing the Energy Transition
The Rassemblement National (RN) 2024 program advocates for national sovereignty and economic protectionism with reservations about the European Union, focusing on nuclear power and traditional energy sources over renewables. The program might reduce regulatory support for renewable energy, shifting subsidies to nuclear and fossil fuels, which could hamper the growth of renewable sectors and increase financing costs due to a less attractive investment environment. Investor confidence might waver due to potential policy shifts and socio-political instability, while opportunities for public-private partnerships in renewable energy may decline. France's divergence from EU energy transition goals could create friction, affect its involvement in EU initiatives, and decrease collaboration on cross-border investments, influencing the EU energy market negatively. In the short term (1-2 years), France may experience regulatory stagnation and an investment pivot towards traditional energies, hindering renewable energy ventures. Over the medium term (3-5 years), policy adjustments could occur if RN strategies result in setbacks, leading to a generally slower energy transition pace. As for the EU, tensions could arise in the initial years, possibly reducing funding for France's renewable projects. In the medium term, France's policy divergence from EU green objectives might necessitate strategic realignments within the EU, impacting progress towards collective energy transition goals. Overall, if the RN 2024 program is enacted, it's likely to have adverse effects on the funding and advancement of the energy transition in both France and the wider EU, increasing financing costs and creating a more challenging environment for achieving renewable energy goals.
Leer Artigo completo
The Economic Impact of AI on Energy Transition: Financial Institutions at the Forefront of a Green Revolution
AI accelerates the global energy transition by optimizing grid operation, predictive maintenance, and energy efficiency, advancing R&D, and enhancing energy trading strategies, attracting investment and job creation, with associated financial opportunities and risks.
Leer Artigo completo
The RetroMeter project: using metered energy savings to make energy efficiency more investable
This article discusses institutional investors' perspective on energy efficiency and how metered efficiency could spur investment. It addresses financial institutions' growing interest in energy efficiency due to market potential, risk mitigation, carbon emission reduction, and regulatory pressure. Barriers like small project scale, heterogeneity, data scarcity, and performance risk inhibit investment. The concept of metered efficiency, akin to Power Purchase Agreements, is presented as a solution to align payment with actual energy savings, enhancing investability and quality assurance in energy efficiency projects.
Leer Artigo completo
An overview of the ESCO industry
We need to triple global energy efficiency investment to meet COP28 goals. ESCO contracts can bridge the development gap by managing both technical and financial risks, fostering demand, and increasing financing capacity. Innovations like Super ESCOs, CaaS, LaaS, and standardized contract forms like EPCs can accelerate growth, but require policymakers, professionals, and financiers to align efforts for broad market scaling.
Leer Artigo completo
Empowering Small and Medium-sized Enterprises (SMEs) in the Energy Transition: The DEESME Project
The DEESME project, under EU's Horizon 2020, aids SMEs in energy efficiency endeavours, countering technical, financial, and awareness barriers. It provides a multi-layered approach to align SMEs with EU goals, offering policy recommendations and strategies to effectively implement Article 11 of the Energy Efficiency Directive.
Leer Artigo completo
Innovative financial solutions to fight energy poverty
How social housing associations and EU projects are using innovative financial and solidarity mechanisms to combat energy poverty, emphasizing the dual benefit of social welfare and environmental sustainability through the refurbishment of buildings for energy efficiency.
Leer Artigo completo
Stimulating Consumer Demand for Energy Efficiency Investments
The Energy Efficiency Financial Institutions Group (EEFIG) will soon publish its final report from an expert working group on accelerating consumer demand.
Leer Artigo completo
Transforming Europe’s Social Housing: Survey on Energy Efficient Refurbishment Strategies
SUPER-i survey is an online survey aimed at collecting insights on the current state of the energy-efficient refurbishment of social housing stocks in Europe. Results will identify areas for improvement, enable benchmarking of energy efficiency performance, and inform decision-making processes at various levels.
Leer Artigo completo
Riding the Green Wave: The Meteoric Rise of Sustainability-Linked Bonds
The market for sustainability-linked bonds hit the $100 billion mark in 2021. This growth rate is significantly faster than that of green bonds, which took almost six years to reach the same market size.
Leer Artigo completo
What are green loans and how are they linked to the EU Taxonomy Regulation?
The EU Taxonomy Regulation aims to provide clear and consistent criteria for identifying environmentally sustainable activities. In addition, the EU Taxonomy Regulation also requires financial market participants to report on the environmental sustainability of their investments, one of the reasons why green loans are becoming more popular.
Leer Artigo completo