First published in Cleantech magazine, Volume 6, Issue 2. Copyright Cleantech Investor Ltd
By Nigel Hawkins
The renewable generation sector has always been at the mercy of politicians, but perhaps never more so than is the case presently, with subsidies being slashed seemingly at a stroke.
Central to that trend is the plight of the eurozone, which remains critical. To be sure, the latest bail-out for Greece has eased some of the pressures that were even more intense before Christmas. The fact remains, though, that many experts expect Greece to leave the eurozone – one way or another – and that other member states, such as Portugal and Ireland, will continue to face massive economic pressures.