London, 2 September 2024 – RES, the world leading independent renewable energy company and services provider, today announces the acquisition of Sulzer Schmid (Sulzer & Schmid Laboratories AG). The acquisition further strengthens RES’ breadth of digital solutions and services to meet growing demand from renewable energy asset owners for smart,…
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Contact usThe BNEF Summit provides the ideas, insights and connections to formulate successful strategies, capitalize on technological change and shape a cleaner, more competitive future.
Event date: 10 – 11 October 2023
Location: London, UK
RES speakers: Richard Russell, RES CFO
Event website: https://about.bnef.com/summit/london/
RES Speakers
Wednesday, 11 October 2023, 15:25
Is Wind Still a Profitable Industry?
Wind power is an essential technology for achieving net-zero emissions. But expected build is now far short of the targets in most countries in Europe and abroad. High interest rates and supply chain constraints are putting pressure on industry profitability, and several offshore developers are looking to renegotiate government offtake contracts amid rising costs. Still, ambition around wind continues to ratchet up and developers are keen to find solutions for the near-term bottlenecks. This panel reviews the specific challenges facing the wind industry and how it can return to growth.
Panel:
- Richard Russell, Chief Financial Officer, RES
- Stephane Dubos, Managing Director | Head of Power & Renewables, Energy Transition & Natural Resources Industry Group, Natixis
- Morten Dyrholm, Global Senior Vice President, Vestas Wind Systems
- Grzegorz Gorski, Chief Operating Officer, Ocean Winds
- Moderator: Luisa Amorim, Wind Analyst, BloombergNEF
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