Peter Plug

The energy transition is fundamentally about serving people. Our policies need to empower citizens to embrace change and offer a concrete outlook on all the possibilities at their fingertips to be part of the solution. Citizen-driven solutions - like energy communities - have proven to be not only an effective answer to energy management issues but also a satisfying one. Scaling those requires policy nudges rather than regulatory barriers as well as updates to keep up with the countless innovations in the fields. Only then can we enable these initiatives to deliver their full potential: lower costs, greater inclusion, and a resilient future all. Find our recommendations for the Citizens Energy Package here: https://lnkd.in/eHsu-BtD #CommunityPower REScoop.eu , Friends of the Earth Europe

25

S U M M E R - V A C A T I O N Time to relax, time for family & friends, time for discussions about the previous results 2024 as well as upcoming topics and issues. Especially the multitude of elections will have immensive consequences for the further development of the #energytransition. My highlights of the next month will be a consequent focus on #hydrogen, #renewables and the necessary #infrastructure - therefore we have to discuss the legal and regulatory framework to ensure the financiability and the ability to invest. #yeswedo #climatechange #energytransition

42

2 Kommentare

Companies have a key role in implementing the energy transition towards EU's climate targets, and we at St1 are determined to reach high amid regulatory changes and energy challenges.   Public Affairs Lead at St1 Sweden Marlene Burwick discusses the importance of a predictable operating environment:   "A steady investment environment is needed for companies to develop and realise their plans for new, more sustainable energy products. It is important to keep developing the regulatory framework that enables us to execute the energy transition efficiently.”   Read more about Marlene's thoughts below 👇   #GameChanger #EnergyTransition

33

The DNB fund renewable energy is a fund that invests in the renewable energy space at large: Sectors such as solar, wind and biofuels. The renewable energy sector itself has had a tough few years since the green bubble in 2021. „This is an interesting backdrop for investors as share prices have fallen sharply“, says Stian Ueland, CFA, portfolio manager of the fund, in a recent TiAM FundResearch webinar.   Watch the recording to find out which stocks are currently in the spotlight and how promising the renewable energy market looks.   https://lnkd.in/eGPxtDVj   #DNB #AssetManagement #DNBFundRenewableEnergy #AssetAllocation

11

Motorcycle frontal collisions or run-offs in curves! For a number of countries do the above mentioned type of accidents represent nearly half of all motorcycle accidents. Imagine we with a simple cheap tool could reduce the numbers, with let´s say 80% - wouldn´t it be just fantastic! There may be such a tool - please read the repport from KFV in Austria in the link below. Nb: I actually went to Austria to test-ride, and I totally fall in love with this simple solution for nudging the motorcycle rider to take a safe line in the curve.

16

Renewable Power Capital (RPC) has closed a €115 million refinancing package for the 146 MW Klevberget onshore wind farm that is operating in Sweden. The refinancing package, which replaces the project’s existing short-term construction bridge loan, was supported by Nordic Investment Bank (NIB) and Danske Bank, with the latter also acting as the Hedging Bank alongside Nomura. “This is our second long-term financing agreement in Sweden this year and another major step in our operating strategy, solidifying RPC’s future capital structure," said Sylvain Delion, Head of Investment and Structured Finance at RPC. The Klevberget began operations in December 2023 and is supported by a ten-year PPA signed in May 2023 with Faurecia, part of FORVIA group, for nearly the entire output of the facility. Romane Guitard, Partner at Augusta & Co, remarked: “This transaction is a testament to Renewable Power Capital’s industry leadership. At Augusta, we take pride in continuously pushing the boundaries to deliver the best outcomes for our clients, and this project is no exception.” “A fundamental aspect of Danske Bank's mission is to assist our clients in transitioning to a more sustainable future," noted Joachim Alpen, Head of Large Corporates & Institutions at Danske Bank. Jeanette Vitasp, CFA, Head of Lending at NIB, added: “NIB’s long-term financing for Klevberget is in line with our strategy to accelerate the green transition and supports Sweden in reaching its climate goals." RPC was advised by Augusta & Co on financial matters and received legal counsel from HSF and MSA. The lenders were advised by CMS and CMS Wistrand for legal matters, Wood for technical advice, EY for tax and model auditing, and WTW for insurance. #cleanenergy

32

Today, E.ON published its nine-month financial results for fiscal year 2024. In the first nine months, we continued to successfully execute on our growth strategy with a strong operational performance and the ramp-up of our investment program. Our adjusted Group EBITDA outturned at €6.7 billion, showing the normalization of our earnings results compared to the prior year, which benefited from positive one-time events. Underlying, we continue to see a positive development with a low triple-digit million Euro earnings growth year-over-year. Our adjusted Group net income came in at €2.2 billion, also well in line with our expectations. With both figures, we are steering well towards our guidance midpoint for the full year. In the first three quarters, we also fully delivered on our investment plan. We increased our investments by 20% year-over-year to a total of €4.7 billion. With a total bond issuance of €4.8 billion in 2024, we are fully financed for this fiscal year and have already started to secure parts of our funding needs for 2025. As the playmaker of the European energy transition, we were able to cover 75% of our financial requirements for fiscal year 2024 with green bonds. Thank you to the entire E.ON team for your great commitment!   For more details on our 9M 2024 results: https://lnkd.in/eNDcMsbk

460

6 Kommentare

Under the motto “Energizing a Sustainable Industry” #Norway is the official partner country of HANNOVER MESSE 2024. Decarbonising traffic is a key element in Norway’s green transition. We are proud to contribute to this goal with our financing for Norwegian mobility infrastructure: KfW IPEX-Bank provided a NOK 1,148 million green loan for the Norwegian Bane NOR Eiendom for the extension and refurbishment of maintenance workshops. “Revolutionizing transportation for a greener tomorrow starts with strategic partnerships and investments”, says Belgin Rudack, CEO of KfW IPEX-Bank. “Through these partnerships, we aim to catalyze the shift towards cleaner, more efficient public transport systems, ultimately contributing to a greener CO2 neutral society and economy.” This investment will enable services for longer passenger trainsets with a length of 220+ meters and increase overall efficiency, contributing to sustainable public transport in Norway. Bane NOR Eiendom is a Norwegian state-owned company responsible for the development and management of supporting railway infrastructure such as railway stations and train maintenance facilities throughout Norway. 🚆 🌱 #Railway #Infrastructure #GreenFinance #FutureMobility #GreenLoan #Mobility #MobilityFinance #IPEX

27

The EU’s “additionality” rules for green hydrogen are a critical step for clean energy and climate goals. Anna Lorant, our Senior Policy Manager, explained to Börsen-Zeitung that hydrogen producers must use new renewable energy plants, ensuring green hydrogen drives real progress. 🌍⚡ By 2030, stricter rules will require real-time alignment between hydrogen production and renewable energy. With demand rising, getting this right is essential. 🚨 Missteps could undermine green hydrogen’s climate benefits - banks and investors must promote compliance to protect both the planet and their reputations. 📖 Read more: https://lnkd.in/dmFEmbCH #GreenHydrogen #ClimateAction #RenewableEnergy

9

💡 Nordic conference on electricity market development and electrification in Stockholm 2-3 October 2024 🔜 Last day for registration is 12 September. Click here to register: https://lnkd.in/d5D3Zpbf The Nordic electricity market cooperation is unique on one of the world's most integrated regional electricity markets. In addition, the Nordic region is a world leader in sustainable and fossil-free energy and climate-smart solutions. Meanwhile there is a necessity for the Nordic region to further develop the electricity market – to enable a significant electrification that meets our climate goals which is to end the dependence on fossil fuels and support the green industrial transition. This conference on electricity markets and electrification aim to dwell into these challenges and highlight possible solutions. with Daniel Liljeberg, State Secretary to Minister for Energy, Business and Industry, Ebba Busch, Lina Håkansdotter (Palm) H2 Green Steel, Martin Johansson Jeppe Danø, Johannes Bruun, Anna Jäderström, The Swedish Energy Agency International, Energinet, Bo Diczfalusy, Niclas Damsgaard Svenska kraftnät, Mikko Heikkilä, Daniel Lindén Tibber, Nicklas Bäcker Ingrid Capacity #energy #electricitymarket

53

5 Kommentare

According to the project review by the Suomen Tuulivoimayhdistys ry / Finnish Wind Power Association, #Finland has plans for over 130,000 megawatts of #windpower. In terms of investment potential, this amount translates to over 200 billion euros in investments. A significant number of these investments are already under construction, with more than three billion euros worth of wind power expected to be completed in Finland during 2024 – 2025. The share of wind power in industrial fixed investments has, in recent years, reached over 25 percent at its peak.🇫🇮 Anni Mikkonen, CEO of the Finnish Wind Power Association, and Jouko Kangasniemi, an economist at Elinkeinoelämän keskusliitto EK – Confederation of Finnish Industries, spoke on the topic. 🌊

10

EQT Transition Infrastructure has acquired ju:niz Energy, a German battery energy storage system developer and operator. EY teams supported ju:niz Energy and its shareholder with sell-side financial and tax due diligence services. Congratulations to the entire ju:niz Energy team and EQT on their successful transaction from the whole EY team! For more insights about the transaction, read the full article: https://lnkd.in/dYtHQkbd #EYDeals #SellandSeparate #ShapeTheFutureWithConfidence

2

#Northvolt AB hires restructuring expert #PaulODonnell as chairman of its main factory unit, Northvolt Ett AB, amid #financial struggles. #TimeIsRunningOut for the battery maker to secure funding outside of bankruptcy court, with talks on a $300M emergency package reportedly on the verge of collapse. #ODonnell, with experience at Blackstone and other firms, replaces CEO Peter Carlsson. #SeveralInvestors have dropped out of rescue talks, and the company is considering a U.S. Chapter 11-style bankruptcy filing. #NorthvoltEttCEO stepped down last month, and the plant's expansion project has sought bankruptcy protection. #FinancialRestructuring #BatteryMakerCrisis

1

Germans also change their mind. When I started more than two years ago at Aker Carbon Capture, #CCS (carbon capture and storage) was still a no-go for most German policy makers. On May 2029, 2024, Europe’s largest economy, and the continent’s largest #CO2 emitter, acknowledged CCS as a crucial decarbonization tool for its hard-to-abate industries. The German Federal Ministry for Economic Affairs and Climate Action will also create a legal framework to develop a CO2 pipeline infrastructure. Companies will be allowed to store CO2 in the bed of the North Sea or inland if the federal states allow it on their territory. Geologically, Germany has around 1.5 billion to 8.3 billion tons of CO2 storage capacity under its part of the North Sea and could deposit up to 20 million tons annually. CO2 pipeline infrastructure can also connect German emitters to CO2 hubs and storage sites in Norway, Belgium, the Netherlands and Denmark. "We are facing up to the responsibility we have as a major industrialized country in Europe when it comes to dealing with greenhouse gas emissions," German economy minister Robert Habeck said. As #climate circumstances demand, it can be good thing to change your mind. #RoadToNetZero https://lnkd.in/dH-pY7N2

6