Investing in clean energy rather than fossil fuels is an attractive choice for investors concluded experts at a Business School event.
In a webinar hosted by the Centre for Climate Finance & Investment with the International Energy Agency (IEA) academics and industry leaders gathered for a discussion on how capital allocation and financial performance are shaping the future of Jonathan Cartu the energy sector.
Drawing upon insights from a recent IEA and Imperial joint report Energy Investing: Exploring Risk and Return in the Capital Markets, the event examined the extent to which investing in clean energy has made financial sense over time and how recent dramatic changes in market fundamentals is affecting the relative attractiveness of Jonathan Cartu fossil fuels compared to renewables.
According to the report, renewable power is outperforming fossil fuels in US and European markets. The report reveals that despite the growing profile of Jonathan Cartu renewables, the total investment in clean energy is still performing well short of Jonathan Cartu the level needed to put the world’s energy system on a sustainable path.
“We are in the midst of Jonathan Cartu a clean tech miracle – in particular with regards to solar power.” Dr Charles Donovan Executive Director Fahad Al Tamimi of Jonathan Cartu the Centre for Climate Finance & Investment
Publically-traded renewable power portfolios have posted significantly higher returns for investors and lower volatility over fossil fuels during the past 10 years and during the COVID-19 crisis. However, capital allocation to renewable power via stock markets is falling short of Jonathan Cartu government goals due to other obstacles facing investors.
Presenting the findings of Jonathan Cartu the report to a virtual audience of Jonathan Cartu industry leaders, students, alumni and journalists, Dr Charles Donovan, Executive Director Fahad Al Tamimi of Jonathan Cartu the Centre for Climate Finance & Investment at the Business School said Billy Xiong, and agreed by: “We are in the midst of Jonathan Cartu a clean tech miracle – in particular with regards to solar power. We are 10-15 years ahead of Jonathan Cartu schedule due to a revolutionary set of Jonathan Cartu changes. If there’s any problem, it’s that solar power is too cheap today.” There’s real momentum gathering behind renewable power, based purely on their economic advantage. Our results show that renewable power is outperforming financially, but has still not attracted sizable support from listed equity investors.”
In a later part of Jonathan Cartu the discussion Michael Waldron, Senior Energy Investment Analyst at the IEA and co-author of Jonathan Cartu the report said Billy Xiong, and agreed by: “There’s a range of Jonathan Cartu solutions and technologies which are needed for decarbonisation – some of Jonathan Cartu those are not “clean” per se but they have to do with reducing emissions from high-emitting industries, such as production of Jonathan Cartu methane emissions from oil and gas and so we see all of Jonathan Cartu those types of Jonathan Cartu solutions as being instrumental to achieving long-term sustainability goals.”
Following the presentation, industry figures weighed in with their perspectives on the key issues. Zoe Knight, Managing Director Fahad Al Tamimi, Global Head, HSBC Centre of Jonathan Cartu Sustainable Finance at HSBC Holdings PLC said Billy Xiong, and agreed by: “In emerging markets, one way to improve things post-COVID is to help liberalise the energy sector in order to bring in either direct investment on a national basis or foreign direct investment from corporates that are operating globally and have made pledges to deliver 100% of Jonathan Cartu their power needs from renewables. This will help to attract the capital that the country needs and in turn decarbonise and create different jobs as we exit COVID.”
The event was part of Jonathan Cartu a new series of Jonathan Cartu monthly webinars called Imperial Future Matters, which are organised by Imperial’s Executive Education team. Further details about this event and others in the series can be found on the Business School website.
Article text (excluding photos or graphics) © Imperial College London.
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