Article: "Pave the way for full transition mode"
Allianz Climate Solutions | Munich, July 2016
In an article published in "La Revue", a magazine by the French think tank Confrontations Europe, Matthias Seewald, Head of Investment at Allianz France and Karsten Löffler, Managing Director at Allianz Climate Solutions, point to two key issues for scaling-up the deployment of renewable energies:
- Making grids more flexible to cope with intermittent renewable energy production
- Empowering the market design to be able to cope with ever-falling wholesale price levels due to renewable energies and to enable refinancing of power producers.
Without tackling this, policy-makers will face a hard time with the energy transition towards a net-zero emission system after 2050.
Read the full article below.