Dentons launches 2020 edition of its ‘Investing in renewable energy projects in Europe’ guide
As we start a new decade, the forces shaping the European renewables sector are familiar enough, but the longer-term future in each market is becoming harder to predict.
State action—for example, in the form of renewables support auctions—remains key. However, the tasks facing governments and regulators are multiplying and becoming more complex, particularly as decarbonization becomes as much a matter of industrial policy as of energy market regulation.
Developments in technology are having an increasing impact on the economics of many projects. It is much less clear when, or if, potential game-changers like the mass adoption of electric vehicles or “green” hydrogen production will start to have a transformative effect.
What about the market? Independently of state subsidy programs, there is now significant end-user demand for renewable energy in many parts of Europe. But are existing corporate PPA structures the best way forward for all renewable generators, or all corporate offtakers?
The guide highlights key regulatory developments and gives snapshots of the prospects for renewable energy projects in 20 jurisdictions across Europe and Central Asia, including Georgia.
Dentons has produced this guide in cooperation with BloombergNEF, a leading provider of primary research on clean energy, advanced transport, digital industry, innovative materials, and commodities.
Dentons is the world’s largest law firm, delivering quality and value to clients around the globe. Dentons is a leader on the Acritas Global Elite Brand Index, a BTI Client Service 30 Award winner and recognized by prominent business and legal publications for its innovations in client service, including founding Nextlaw Enterprise, Dentons’ wholly owned subsidiary of innovation, advisory and technology operating units. Dentons’ polycentric approach, commitment to inclusion and diversity and world-class talent challenge the status quo to advance client interests in the communities in which we live and work. www.dentons.com.