C-MACC Weekly “CRETER” (Climate etc.)
Money, Money, Money – Energy Transition Needs More
- As we head toward COP28, the availability of money will increasingly be the focus of debate around the quantum needed and how to attract private capital.
- The money is there, but the returns are not. Government-supported debt is a less expensive option than private equity but returns still need to be adequate.
- Governments need to subsidize investments to attract private money and consumers will pay; inevitable, so why delay? Debate won’t change the conclusion.
- We look at peak power demand and question whether we are playing a game of chicken with increased renewable dependence – bad weather could upset things.
- We look at more CCS needs, ethanol as an expensive option for materials, low-carbon projects, and more ESG debate. Check out our new hydrogen service here.
See PDF below for all charts, tables and diagrams
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