“ There ’ s also a challenge with the initial investment costs involved in building dedicated renewable infrastructure , including for power generation as well as for energy storage systems ,” Chin continues .
We are sometimes guilty of looking at renewable technologies through the lens of rich economies , where decarbonisation is clearly a priority . Indeed , emerging markets are another challenge within renewables ; after all , it ’ s unrealistic to expect the same commitment to green energy when countries are operating under completely different economic conditions .
Marc Deschamps , Co-Head at boutique investment bank DAI Magister , believes
“ WE NEED TO STRIKE A BALANCE BETWEEN OUR ENERGY TRANSITION GOALS AND THE ONGOING WELFARE OF CITIZENS ”
MIKE PENROSE CO-FOUNDER AND PARTNER , FUTUREPLUS fintechmagazine . com 97