The challenges to sustaining green energy growth in extreme market dynamics
The unpredictable revenue from the wholesale energy market, combined with the rising imbalance costs are among the challenges faced by the renewable energy players in the post-subsidy world. In the last few weeks, the energy prices in Europe reached record highs! As economic recovery is underway the prices have been rising steadily. The fact is that market participants are facing huge price volatility. All these factors cause a significant impact on the growing costs and the return on investment (ROI) predictability.
Digital has assumed such significance because this is the first time that a number of technology waves (cloud, IOT, AI etc) have broken simultaneously and at a price point that [...]
