News & Media

Glennmont – Industry Update – 12th Clean Energy Seminar 2019

May 30, 2019

On 20 and 21 May at Tylney Hall, UK, Glennmont Partners held its twelfth annual seminar, bringing together key institutional investors and a range of renewable energy thought leaders to reflect, discuss and analyse the trends that are shaping our industry and promoting investment in the sector.

Our speakers included Professor Dieter Helm, Independent Chair of the Natural Capital Committee, Dr. Pierre Dechamps, Policy Officer at European Commission Climate Action and Earth observation, Nick Lyth, Director at Green Angel Syndicate and Barnaby Wharton, Head of Policy and Regulation at RenewableUK.


Professor Dieter Helm
Independent Chair of the Natural Capital Committee


Some of the key conclusions drawn from the seminar were as follows:


Clean energy growth continues steadily; yet greenhouse gas emissions also continue to grow. Therefore, an acceleration of investment, regulation and policy will be needed to meet the COP 21 targets

• The European Union has committed to increasing its proportion of clean energy to 32% by 2032. A series of new policies will be needed to achieve this goal, underpinned by strong political endorsement

• Overall the EU’s objective is clear: deep de-carbonisation by 2050, fully consistent with the Paris Agreement, with a prosperous, modern and competitive economy

Angel investing can play a key role to accelerate the development of new technologies, software solutions and processes

Offshore wind is both a rapidly growing and de-risking sector. The UK has accounted for around 40% of total global offshore wind investment so far and is exporting its expertise to China, Taiwan and other markets

• A rapid increase in size and technological improvements has reduced the LCOE for offshore wind and forms the backdrop for an acceleration of its roll out across Europe


For an in-depth read on topics covered by our speakers at the Seminar, please click here:

Related stories