Renewable Energy

Renewable Energy: the most important area of investments for the coming years

Increasing prices of carbon based fuels, the target of lowering greenhouse gas-emissions and the geographic concentration of oil and gas in a few, partially politically instable regions combined with decreasing availability force a change in favour of renewables.  Accidents in nuclear power plants causing a dramatic impact for the environment and the affected population question not only the further development and expansion of nuclear energy but also the operation of existing plants and their future energy production.  The enormous investment required for switching  to renewable energy triggered the development  and further growth of markets for developers, engineering firms, equipment manufacturers, component suppliers and operators but also supported the establishment of numerous national and international regulations and subsidy schemes. This development in turn fuelled the dynamics of research in improved technologies which aim at increasing the effectiveness of energy production  using renewables as well as lowering the maintenance requirements and cost for the energy production facilities.

This process is most advanced in the European Union. The target as stipulated in the EU-Directive 2009/28/EC requiring that in 2020 20% of all energy consumed has to be supplied using renewable sources, is binding for each EU member state. Each member state has to present a national plan of action how to achieve the targets set in the directive. The EU-Directive has spurred the so far biggest investment in all areas of renewable energy because it reduces investment risks and creates opportunities on a larger scope.

On a global basis more and more capital is invested in the generation of electricity from renewable sources. 

China meanwhile has become the leading nation in producing wind energy. 
In Latin America numerous countries focus on the further development of hydro power schemes.  Many countries outside Europe meanwhile have introduced direct or indirect incentive schemes in an attempt to create the necessary investment incentives for renewable energy.

From this background and capitalising on the long standing experience of its partners, who in their previous and current professional activities were/are involved in all aspects of the development and operation of power plants, REENAG operates in the fields of development, financing, implementation and operation of windparks, hydro power plants and solar plants on an international scale.

The know- how of the Group is also offered to clients on an advisory basis.