A whole-asset strategy key to harnessing energy transition
Sam Reynolds at the Fiduciary Investors Symposium. Photo: Darcy Song
Major asset owners should take full ownership of any renewable energy generation assets they invest in to avoid devaluing those assets through complications associated with meeting fluctuating demand for energy, and through potential interruptions to generation.
Octopus Australia chief executive Sam Reynolds told the Investment Magazine Fiduciary Investors Symposium in the Blue Mountains last week that in addition, investors should take a portfolio approach to investing, including solar and wind generation assets, along with battery storage capacity.
Reynolds said the estimated required capital investment in the energy transition is around $500 billion. He said…
