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Trends<br />

Energy transition<br />

A mature market<br />

with opportunities<br />

for the taking<br />

Paris will host the UN Climate Change Conference<br />

in December 2015. Can France set a good example?<br />

Serge Savasta, Managing Director at Omnes Capital,<br />

believes the country has what it takes to assert itself<br />

on the fast growing renewables market. But real<br />

political and financial backing will be needed.<br />

Serge Savasta,<br />

Managing Director, Omnes Capital<br />

Global demand for renewable<br />

energy is booming, buoyed by<br />

the investment prospects for<br />

wind and solar power in China<br />

and the USA. This is good news<br />

for France, according to Serge<br />

Savasta, who points out that<br />

“worldwide investment in the<br />

sector climbed by 16% in 2014<br />

to $310 billion 1 ”. About half<br />

of this went to photovoltaics<br />

($150 billion), especially rooftop<br />

RENEWABLE ENERGY<br />

SHARE OF GLOBAL<br />

ENERGY PRODUCTION,<br />

BY COUNTRY (2012)<br />

Source: International Energy Agency<br />

http://www.iea.org/statistics/<br />

> 75%<br />

50% – 75%<br />

25% – 50%<br />

10% – 25%<br />

< 10%<br />

No data<br />

P.04

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