Annual report 2022 - Report - Page 11
Lars Lüneborg
Partner
Next major leg up
Lars Lüneborg believes that the rising
number and scale of investments paint a
picture of a market for renewable energy
that is poised to do even more soon.
11 Annual Report 2022
“The renewable energy investment
market appears to be moving in only one
direction, and more and more money will
be invested in ever larger projects over
the next few years. With this trend,
interesting new business areas will also
emerge. Without knowing exactly when it
will occur, there are many indications that
the next major investment area will be in
Carbon Capture and Storage. Many
institutional investors are currently
waiting for the technology and the
framework conditions to be developed
sufficiently to make it clearly profitable.
Once this area reaches the right stage of
maturity, we will see billions being
invested in concrete Carbon Capture and
Storage projects, for example on the
North Sea seabed.”