POWER May 2023 - 7
GLOBAL MONITOR
age long-term private investment, for
example, by cutting down bureaucratic
red tape and accelerating the permitting
process for renewable energy projects
like wind. " Notably, investments
in offshore wind installations in Europe
declined last year, according to WindEurope,
even as many new projects were
announced. WindEurope reported that
several offshore wind farms were expected
to reach financial close last year,
but final investment decisions were delayed
because of inflationary pressures,
market interventions, and uncertainty
about future revenues.
Other sectors, though, are growing,
including solar and onshore wind (Figure
2). Daniel Marhewka, co-head of Energy
and Natural Resources at Fieldfisher in
Munich, Germany, said, " It has been reported
that investment in renewable energy
in Europe declined last year and is
continuing to slow, but this is not what
we are seeing. Based on our current pipeline,
we have not seen any dropoff in the
volume of investment-we are still very
busy particularly with wind and solar, and
latterly hydrogen projects across Europe. "
Marhewka told POWER, " Recent examples
of our M&A/JV [mergers and ac2.
A European energy group said solar and wind power generation accounted for 22% of all
electricity produced in the EU in 2022. Source: Envato Elements
quisition/joint venture] work in this area
include advising Irish floating offshore
wind developer Simply Blue Group on
a JV with Eolus to develop the SeaSapphire
floating wind project in the Baltic
Sea, and advising investment and asset
manager KGAL on a JV with Pfalzsolar to
develop two solar parks in Greece with
a total capacity of 176 MW. These deals
are typical of the projects we are being
asked to advise on-i.e., large wind and
solar projects-and there are no indications
yet of demand slowing down.
Floating offshore wind is a particular area
of interest for investors, as is hydrogen. "
Paul Stockley, head of Oil and Gas at
Fieldfisher's London, UK, office, said,
" While renewable energy investment
and deployment is expanding in line with
the energy transition, it looks as though
it may not be a straightforward growth
story. One contributing factor to this may
I
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POWER May 2023
Table of Contents for the Digital Edition of POWER May 2023
POWER May 2023 - Intro
POWER May 2023 - Cover1
POWER May 2023 - Cover2
POWER May 2023 - 1
POWER May 2023 - 2
POWER May 2023 - 3
POWER May 2023 - 4
POWER May 2023 - 5
POWER May 2023 - 6
POWER May 2023 - 7
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POWER May 2023 - 38
POWER May 2023 - 39
POWER May 2023 - 40
https://www.nxtbook.com/accessintelligence/POWER/pwr-re-tech_september-2024
https://www.nxtbook.com/accessintelligence/POWER/pwr_september-2024
https://www.nxtbook.com/accessintelligence/POWER/pwr_august-2024
https://www.nxtbook.com/accessintelligence/POWER/pwr_june-2024
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https://www.nxtbook.com/accessintelligence/POWER/pwr_may-2024
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https://www.nxtbook.com/accessintelligence/POWER/pwr_march-2024
https://www.nxtbook.com/accessintelligence/POWER/pwr_february-2024
https://www.nxtbook.com/accessintelligence/POWER/pwr_january-2024
https://www.nxtbook.com/accessintelligence/POWER/pwr_december-2023
https://www.nxtbook.com/accessintelligence/POWER/pwr_november-2023
https://www.nxtbook.com/accessintelligence/POWER/power-october-2023
https://www.nxtbook.com/accessintelligence/POWER/re-tech-supp-to-power-september-2023
https://www.nxtbook.com/accessintelligence/POWER/power-september-2023
https://www.nxtbook.com/accessintelligence/POWER/power-and-re-tech-supp-september-2023
https://www.nxtbook.com/accessintelligence/POWER/power-august-2023
https://www.nxtbook.com/accessintelligence/POWER/power-july-2023
https://www.nxtbook.com/accessintelligence/POWER/power-june-2023
https://www.nxtbook.com/accessintelligence/POWER/power-may-2023
https://www.nxtbook.com/accessintelligence/POWER/power-april-2023
https://www.nxtbook.com/accessintelligence/POWER/power-march-2023
https://www.nxtbook.com/accessintelligence/POWER/power-february-2023
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https://www.nxtbook.com/accessintelligence/POWER/power-december-2022
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https://www.nxtbook.com/accessintelligence/POWER/Power-October-2022-140th-Anniversary-Supp
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https://www.nxtbook.com/accessintelligence/POWER/power-and-re-tech-supp-september-2022
https://www.nxtbook.com/accessintelligence/POWER/power-september-2022
https://www.nxtbook.com/accessintelligence/POWER/power-august-2022
https://www.nxtbook.com/accessintelligence/POWER/Power-July-2022-Intl
https://www.nxtbook.com/accessintelligence/POWER/power-july-2022
https://www.nxtbook.com/accessintelligence/POWER/power-june-2022-intl
https://www.nxtbook.com/accessintelligence/POWER/power-june-2022
https://www.nxtbook.com/accessintelligence/POWER/power-may-2022
https://www.nxtbook.com/accessintelligence/POWER/power-may-2022-intl
https://www.nxtbook.com/accessintelligence/POWER/power-april-2022
https://www.nxtbook.com/accessintelligence/POWER/Power-April-2022-Intl
https://www.nxtbook.com/accessintelligence/POWER/power-march-2022
https://www.nxtbook.com/accessintelligence/POWER/power-february-2022
https://www.nxtbook.com/accessintelligence/POWER/power-january-2022
https://www.nxtbook.com/accessintelligence/POWER/power-december-2021
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https://www.nxtbook.com/accessintelligence/POWER/power-november-2021
https://www.nxtbook.com/accessintelligence/POWER/power-october-2021
https://www.nxtbook.com/accessintelligence/POWER/power-september-2021
https://www.nxtbook.com/accessintelligence/POWER/power-august-2021
https://www.nxtbook.com/accessintelligence/POWER/power-july-2021
https://www.nxtbook.com/accessintelligence/POWER/power-june-2021
https://www.nxtbook.com/accessintelligence/POWER/power-may-2021
https://www.nxtbook.com/accessintelligence/POWER/power-april-2021
https://www.nxtbook.com/accessintelligence/POWER/power-march-2021
https://www.nxtbook.com/accessintelligence/POWER/power-february-2021
https://www.nxtbook.com/accessintelligence/POWER/power-january-2021
https://www.nxtbook.com/accessintelligence/POWER/power-december-2020
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https://www.nxtbook.com/accessintelligence/POWER/power-october-2020
https://www.nxtbook.com/accessintelligence/POWER/power-september-2020
https://www.nxtbook.com/accessintelligence/POWER/power-august-2020
https://www.nxtbook.com/accessintelligence/POWER/power-july-2020
https://www.nxtbook.com/accessintelligence/POWER/power-june-2020
https://www.nxtbook.com/accessintelligence/POWER/power-may-2020
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https://www.nxtbook.com/accessintelligence/POWER/power-march-2020
https://www.nxtbook.com/accessintelligence/POWER/power-february-2020
https://www.nxtbook.com/accessintelligence/POWER/power-january-2020
https://www.nxtbook.com/accessintelligence/POWER/power-december-2019
https://www.nxtbook.com/accessintelligence/POWER/power-november-2019
https://www.nxtbook.com/accessintelligence/POWER/power-october-2019
https://www.nxtbook.com/accessintelligence/POWER/power-september-2019
https://www.nxtbook.com/accessintelligence/POWER/power-august-2019
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https://www.nxtbook.com/accessintelligence/POWER/power-may-2019
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https://www.nxtbook.com/accessintelligence/POWER/power-march-2019
https://www.nxtbook.com/accessintelligence/POWER/power-february-2019
https://www.nxtbook.com/accessintelligence/POWER/power-january-2019
https://www.nxtbook.com/accessintelligence/POWER/power-december-2018
https://www.nxtbook.com/accessintelligence/POWER/power-november-2018
https://www.nxtbook.com/accessintelligence/POWER/power-october-2018
https://www.nxtbook.com/accessintelligence/POWER/power-september-2018
https://www.nxtbook.com/accessintelligence/POWER/power-august-2018
https://www.nxtbook.com/accessintelligence/POWER/power-july-2018
https://www.nxtbook.com/accessintelligence/POWER/power-june-2018
https://www.nxtbook.com/accessintelligence/POWER/power-may-2018
https://www.nxtbook.com/accessintelligence/POWER/power-april-2018
https://www.nxtbook.com/accessintelligence/POWER/power-march-2018
https://www.nxtbook.com/accessintelligence/POWER/power-february-2018
https://www.nxtbook.com/accessintelligence/POWER/power-january-2018
https://www.nxtbook.com/accessintelligence/POWER/power-december-2017
https://www.nxtbook.com/accessintelligence/POWER/power-november-2017
https://www.nxtbook.com/accessintelligence/POWER/power-october-2017
https://www.nxtbook.com/accessintelligence/POWER/power-september-2017
https://www.nxtbook.com/accessintelligence/POWER/power-august-2017
https://www.nxtbook.com/accessintelligence/POWER/power-july-2017
https://www.nxtbook.com/accessintelligence/POWER/power-june-2017
https://www.nxtbook.com/accessintelligence/POWER/power-may-2017
https://www.nxtbook.com/accessintelligence/POWER/power-april-2017
https://www.nxtbook.com/accessintelligence/POWER/power-march-2017
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https://www.nxtbook.com/accessintelligence/POWER/power-january-2017
https://www.nxtbook.com/accessintelligence/POWER/power-december-2016
https://www.nxtbook.com/accessintelligence/POWER/power-november-2016
https://www.nxtbook.com/accessintelligence/POWER/power-october-2016
https://www.nxtbook.com/accessintelligence/POWER/power-september-2016
https://www.nxtbook.com/accessintelligence/POWER/power-august-2016
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https://www.nxtbook.com/accessintelligence/POWER/power-may-2016
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https://www.nxtbook.com/accessintelligence/POWER/power-december-2015
https://www.nxtbook.com/accessintelligence/POWER/power-november-2015
https://www.nxtbook.com/accessintelligence/POWER/power-october-2015
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https://www.nxtbook.com/accessintelligence/POWER/power-december-2014
https://www.nxtbook.com/accessintelligence/POWER/power-november-2014
https://www.nxtbook.com/accessintelligence/POWER/power-october-2014
https://www.nxtbook.com/accessintelligence/POWER/power-september-2014
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https://www.nxtbook.com/accessintelligence/POWER/power-july-2014
https://www.nxtbook.com/accessintelligence/POWER/power-june-2014
https://www.nxtbook.com/accessintelligence/POWER/power-may-2014
https://www.nxtbook.com/accessintelligence/POWER/power-april-2014
https://www.nxtbook.com/accessintelligence/POWER/power-march-2014
https://www.nxtbook.com/accessintelligence/POWER/power-february-2014
https://www.nxtbook.com/accessintelligence/POWER/power-january-2014
https://www.nxtbook.com/accessintelligence/POWER/power-december-2013
https://www.nxtbook.com/accessintelligence/POWER/power-november-2013
https://www.nxtbook.com/accessintelligence/POWER/power-october-2013
https://www.nxtbook.com/accessintelligence/POWER/power-september-2013
https://www.nxtbook.com/accessintelligence/POWER/power-august-2013
https://www.nxtbook.com/accessintelligence/POWER/power-july-2013
https://www.nxtbook.com/accessintelligence/POWER/power-june-2013
https://www.nxtbook.com/accessintelligence/POWER/power-may-2013
https://www.nxtbook.com/accessintelligence/POWER/power-april-2013
https://www.nxtbook.com/accessintelligence/POWER/power-march-2013
https://www.nxtbook.com/accessintelligence/POWER/power-february-2013
https://www.nxtbook.com/accessintelligence/POWER/power-january-2013
https://www.nxtbook.com/accessintelligence/POWER/power-december-2012
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