Climate-conscious venture capitalists are back (The Economist)
The combination of long wait times and unproven technology would give many venture capital (vc) investors the jitters. Most want to see returns in five to seven years. This article from the Economist discusses how vc investors are making their way back to clean tech and climate tech.
William Demas didn’t choose to work in renewables — at least not at first. But as it’s said, “With great power comes great responsibility.” As one of the first analysts in the renewable energy sector, Demas has since taken on the responsibility of helping to push our industry forward, through the 2008 recession and now in the uncertain times of COVID-19 and broader social unrest.
While global investments in renewable energy have risen steadily in recent years, they remain far below the levels required to put the world on course for a climate-safe future. This report, co-developed by the International Renewable Energy Agency (IRENA) and Climate Policy initiative, provides actionable recommendations for policy makers and other stakeholders to scale up investment and mobilise capital in the sector.
Supercharged Climate Positive (Princeville Capital)
In this white paper titled, “Supercharged Climate Positive® Investing in Europe,” we take a closer look at where these factors are likely to have a prominent impact. We offer our view that investment opportunities in technology companies addressing climate change are supercharged for delivering outsized returns in this decade – 2020 through 2030 – and particularly in Europe.
A new study proposes data center processing loads be shifted to match wind and solar supply, but the issue may take a mix of solutions. As renewable energy continues to grow, producers, distributors and customers alike keep grappling with the growing pains of increasing variability in the nation’s power supply. A key challenge is curtailment, the deliberate reduction in renewable output below what could have been produced, in order to balance energy supply and demand.
Goldman Sachs shared their expectation that spending for renewable power projects will become the largest area of energy spending in 2021, surpassing upstream oil and gas for the first time in history. The multinational investment bank and financial services company also expects the clean energy sector to reach a $16 trillion investment volume through 2030, eclipsing fossil fuels.