Download Greensolver Tips How to improve your financial model assumptions?

Dear Partner,
To subsidise or not to subsidise? In the land of Shakespeare, that is already the
question. The recent announcement by the newly elected UK Government to end the
subsidies regime for onshore wind a year early raises a real question on the need to
subsidise mature renewable energy (RE) sources.
The CfD (contract for difference) approach launched by the UK, and now being
adopted in France and across other countries, is a step in this direction with more of a
market rate mechanism built in, and reduced subsidies for the states.
However, even though onshore wind is the cheapest RE source in most of the world
(definitely in the UK), we are only at the beginning of the transition to a subsidy free
RE production and this transition needs to be managed smoothly. Sudden changes in
regimes such as in the UK, or France for that matter, destabilize investors. As we’ve
said many times, RE assets are a great infrastructure class, but for investors to keep
investing millions of Euros into it, Governments need to treat it like other infrastructure
class and provide stability and visibility to the funders. Only under these conditions
can we envisage a continued growth of the sector.
The UK government is therefore not an example to follow in its approach, but the
underlying message should not be missed: incentives have only one way to go and
that is to disappear, and there are opportunities for those who plan for this.
All the best,
Guy Auger - CEO
Greensolver Tips
How to improve your financial model assumptions?
Greensolver Index can be useful tool when it comes to guaranteed
availability. Indeed, when building a business plan for a wind asset,
investors usually have to assume - for lack of data - the guaranteed
turbine availability, which is generally between 95% to 97% and
decreases over the time as the maintenance provider guarantee decrease.
Read the article
Greensolver Index
GreensolverIndex powers forward and is now supporting over 1.7GW
of assets and their owners by providing unique insights into their
O&M strategy and assisting their turbine procurement exercises.
We are now active in working with several leading UK portfolio owners. If you would
like more details please contact us for further details.
Contact us
Award
Renewables Energy Regatta
On June 11th & 12th, the 8th edition of the Renewables Energy Regatta
took place in the south of France. The event gathered together 17
companies from the renewable energy sector and about 150 people.
The Greensolver crew won the prestigious “Trophée des Eoliennes” which rewards
the crew with the best team spirit, on and off the boat, whilst coming in 5th place in
the overall rankings! Needless to say that we are looking forward to the 9th edition!
Announcement
RenewableUK Chair Julian Brown joins Greensolver
Greensolver welcomes Julian Brown as Member of the Board. Chairman at
RenewableUK, Julian is joining Greensolver’s UK team in a non-executive role,
helping to define the ongoing growth strategy and business plan specially on the
offshore market.
Read the announcement
June Events
RenewableUK Global Offshore
Stephen Bolton, UK Managing Director, chaired a conference session on investment
strategies for offshore wind. If you would like to speak to Stephen regarding the
session, please don’t hesitate to contact him directly at:
[email protected]
Renewable Energies in Africa Conference
Guy Auger will attend the Renewable Energies in Africa Conference on June 25th in
Paris. To meet with Guy at the event, please get in touch via [email protected]