Renewable energy investing has been a booming business for the past five years with significant swathes of wind and solar generators now competing head on with heavyweight incumbents across the globe. We expect this trend to continue, however, the withdrawal of subsidies has prompted a change in investment style and direction to maintain attractive risk-adjusted […]
The Capacity Market (“CM”) auction and all payments due under the mechanism have been frozen following a ruling by the European Court of Justice (“ECJ”) revoking State Aid clearance. The implications for existing and new build projects relying on Capacity Market payments is significant and undermines a multitude of investment decisions made across the UK […]
A European success story: the globalisation of offshore wind Dominic Szanto, Director and Head of Offshore Wind, JLL Energy and Infrastructure Although the first offshore wind farm was constructed in 1991, it has taken over twenty years for the industry to truly mature. By the end of 2017, there were over 18 gigawatts of wind […]
The announcement that Dong Energy has won the rights to develop the Borselle 1 & 2 offshore wind projects in the Netherlands did not come as a surprise to many observers: the Danish utility is the undisputed world leader in offshore wind development. However, the price at which it did so, €72.70 per megawatt-hour, was […]
Whichever news outlet you looked at over the Christmas period, one thing dominated… the weather: From a continual onslaught of flooding in the UK, severe storms and tornadoes in the U.S. to a searing heatwave in Australia. With the recent warning from NASA that the current El Nino weather phenomenon could be as bad as […]
With the ever growing emphasis on sustainability, green investments will become a focus point over the next decade as a means to avoid value erosion. It is clear that green investments are the best way forward. Otherwise, occupiers who look to chase costs through lower rental values will be hit by higher operational costs of […]
Sustainability – one of the most important issue for European offices now – will remain so for the next decade; 83% of real estate professionals identify it as the key strategic issue facing decision makers in the real estate industry. Sustainability, driven by strict legislation (e.g. 2011 Energy Act in the UK, Grenelle in France […]
Contrary to the advice offered to me by my old school-master, now is the time to put my head in the clouds. Cloud computing is coming and will revolutionise the way and where of our work. From everything I’ve read, and recently been exposed to, cloud computing IS the next wave in technological change for […]
I would like to reflect on Rob’s points regarding the residential sector and zero carbon targets, but focus instead on the commercial sector. Obviously, we all know and recognise that our buildings contribute enormously to CO2 emissions and that there is a big opportunity to tackle climate change through modifying the built environment. Policy levers […]
The recently implemented Barclays cycle hire scheme seems to be a big success within London. As a cyclist myself, I am seeing large numbers of people riding these bikes through Hyde Park in the mornings and evenings. Whether this will continue into the winter months remains to be seen, but it leads me to think […]
I recently read that the zero carbon homes target is set to be watered down… So how do we encourage home owners to take energy efficiency more seriously in the UK? More than a fifth of homes are rated in bands F or G (the least energy efficient rankings of an EPC) so is […]
Until the question of ‘value’ is fully proven can sustainable property ever really become part of the mainstream? This is a question that is continuously raised when I speak to clients or at conferences. But I am not convinced it is the right question to be asking. To be more considered and have the chance […]
