
EP.102 Global Project Finance Series in partnership with SMBC Group PART I - Europe
Energy Unplugged by Aurora
The Cost of the Energy Transition
I think we need to be honest about the true cost of this energy transition. There will be a need for investment in transmission and distribution at the very least. We're seeing real stresses on deals, particularly ones that are heading towards financial close with people having to change their EPC contractors. So there seems to be a bit of a disconnect in the energy markets where hydrocarbons are attracting high prices and developers and lenders to renewable projects are struggling to get the deals done. It's just symptomatic of a system that's looking slightly broken and needs to be fixed.
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