Walter Lanosa, CEO of Genneia, starred the last Energy Seminar organized by the University of the CEMA where he analyzed the present and the prospects for the renewable energy sector in the context of pandemic
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Each year, the Energy Seminar at the University of the CEMA summon Featured concerning the sector to discuss about the development of energy in Argentina. On August 5 last, Walter Woolly, CEO of Genneia, starred in the latest edition of these meetings where they discussed the current energy situation and discussed the opportunities and challenges of the renewable sector, under the format webinar.
In a context of global crisis due to the pandemic Covid-19, where demand for electricity 30% reduction, Woolly see on renewable energies a growth opportunity for the energy sector in general, the consider the possibility of replacing obsolete technology generation cleaner and more efficient alternatives. To do this, he said, "the price of each MWh of clean energy must be competitive."
Other conditions necessary for this scenario opportunity you are a financial situation of legal uncertainty and low mainly security "because renewable energy projects are long-term investments," he said.
Challenges post pandemic
In an opinion column published in Sustainable Vision, Gustavo Castagnino, director of Corporate Affairs Genneia, addressed another facet of the analysis of renewable energy in the current context: one that highlights the need to orient markets towards growth based on sustainable processes over time. "The development and continuity of renewable energy in the country are a decisive factor in the energy matrix to minimize greenhouse gases, as well as being a competitive option in the energy market," Castagnino raised.
He also noted the incorporation of environmental, social and corporate governance in risk analysis and strengths when funding criteria. "The wind energy sector is able to capture this type of financing, therefore there is no doubt their positive contribution to the environment; and the capacity of generating companies to comply with the performance standards of social and environmental sustainability", he said.
Finally he noted that Genneia case is an example of such access mode capital "to the subject periodically to stringent international audits both at the stage of construction and operation." Find the complete column Gustavo Castagnino here.