L R AS Published on Wednesday 29 June 2022 - n° 410 - Categories:News of the Month
This week's highlights, as of 26 June (No 410)
The big picture
Four months after the invasion of Ukraine, the European situation is beginning to look more clear-cut. Almost everything has been changed or turned upside down. Disadvantages have arisen, advantages are emerging. A period of change has begun. Will we be able to choose the paths for a sustainable 21st century?
A look at the disadvantages and advantages of the war in Ukraine
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The first important point: governments cannot do everything. The association of four major photovoltaic developers to issue a call for tenders for 7 GW of panels per year, on condition that they are American-made, opens up prospects for manufacturers who know that they will have outlets and that they can invest to meet this order. This is a good way of boosting American manufacturing. An example to follow
A crucial step: a major call for tenders to stimulate industrial production
Secondary point:there are still too few renewable energy installations to satisfy the global economy. We had forgotten this with the noise of the environmentalists. The Ukrainian war has just been a brutal reminder of this
According to BloombergNEF, fossil fuels are quite useful in the face of Russian gas
3rd point point (subsidiary) The construction of solar power plants takes time, several semesters from conception to operation. The speed of recent changes (covid, Ukraine, rising panel prices, rising interest rates) has changed the parameters for project development. Two trade unions reported the difficulties of some companies that have not included a price indexation clause in their contract. They have to either postpone or stop their construction
The downturn in the PV economy is hindering or interrupting some PV installations
Other interesting points :
Akuo in 2021: multiple achievements, but stable turnover and EBITDA
