Currently, the Energy sector It is marked by factors such as the current geopolitical scenario, a growing demand for electricity or the need to move towards a cleaner model.
The geopolitics It is especially relevant in this sector in Europasince we do not have our own energy sources, except in the case of the sun, the wind and in some places of the water.
At the macroeconomic level, the Reduction of tensions with countries like Russia could Facilitate access to raw materials such as gas and lower costs. However, it is necessary that Europe reach energy independence and, to achieve this, it is essential to carry out measures that favor infrastructure development plans in each of the countries and diversify the energy mix to ensure energy supply.
By Typology of renewable energy, photovoltaic and wind in its two aspects (marine and land) They present very important growth plans. Specifically, photovoltaic is renewable that has the greatest growth potential in absolute terms for its price, ease and speed of installation. In Spain, solar irradiation and the regulatory framework favorable to the use of renewable energies convert photovoltaic energy into one of the most attractive for both self -consumption and large -scale production by energy companies, as long as they are able to sign bilateral agreements with third parties, since the huge volume of production in peak hours leads to obtaining very low and even null prices.
For its part, the biofuels especially him Biomethane They have the attention of many companies and investors who are focusing on this segment. Although at this time it does not have much visibility, it is expected that there will be a strong development that allows obtaining reasonably attractive profitability in the coming years.
As for the Green hydrogenit is one of the Technologies that has the greatest potentialbut its viability is subject to the scalability of electrolyte. These should be more affordable and it is essential that there is an supply and demand that allows green hydrogen to continue developing. Green hydrogen is also outlined as a great bet to be directed to industrial decarbonization.
One of the main Challenges that present renewable energies, especially wind and photovoltaic, is the intermittency in the supply caused by climatic conditions where the combined cycles next to the energy storage will play a fundamental role. In this scenario, batteries could be positioned as a key element to guarantee the stability of the electricity supply.
Investment Challenges in Renewable Energies
The energy sector has great opportunities to investbut also entails a series of risks that must be counted. An example of this is the regulation that is essential to take it into account to make a good forecast for the future. Public organizations must promote more favorable regulations that allow higher yields to companies so that the entire network can develop at European level.
Another risk to monitor is supply chains management which must be proactively and optimally managed by companies, making a correct planning for the supply of the different resources and materials that allow the avoiding bottlenecks.
The growing demand for qualified labor He has triggered another of the risks, which is the shortage of talent. To alleviate this challenge, it is essential that public institutions and companies internally train people to deal with these projects.
The Obtaining permits Sometimes it dilates and prevents projects from developing in a timely manner. Therefore, it is very important to have the necessary capabilities to avoid delays and that the plans of the companies can be fulfilled.
The Infrastructure modernization and digitalization already existing are fundamental for plants to work correctly and can continue to operate efficiently.