Energy

Energy is crucial for communities globally,  from meeting our basic needs  to providing for quality of life. Fundamentally, it is the foundation for long term growth and prosperity for every society.

• Economic Development: Access to reliable and affordable energy is essential for the economic growth and development which underpins human progress. It powers the industries, businesses, and services that create the jobs and goods that communities rely upon, as well as enabling the provision of essential social services like healthcare, education, and clean water supply. 

• Productivity: Energy powers the infrastructure and equipment that increases productivity across economies including agriculture, manufacturing, and services. This is as true today as it was during the first industrial revolution. The seismic shift in energy demand driven by AI and automation will require a commensurate increase in energy supply. 

BREEN Capital bases all energy investment and strategic decisions on the following long-term trends:

• Significant Growth in Overall Energy Demand: Global energy demand is projected to grow by nearly 50% by 2050, driven primarily by rising energy needs in non-OECD (developing) countries.
  
  The growth in demand is forecast to be fuelled primarily by population growth, economic development, and rising living standards, especially in the Global South (developing regions).

• Increasing Demand in Developing Economies: The Global South (low- and middle-income countries) is expected to account for approximately 60% of the total global energy demand by 2050, with their energy demand increasing by around 70% due to rapid economic growth and urbanisation.

• Renewable Energy Growth: Renewable energy sources, including solar, wind, and hydroelectric power, are projected to be the fastest-growing energy sources, surpassing petroleum and becoming the most used energy source by 2050. This growth is primarily driven by increasing cost parity and other structural advantages over fossil fuels and by regulatory and public pressure (particularly in Europe).

• Energy Security: Self-sufficiency in energy production reduces reliance on imported fuels and vulnerability of local communities or sovereign nations to supply disruptions or price volatility in global energy markets Energy self-sufficiency further enhances security and insulates countries from geopolitical risks in an increasingly volatile global environment.

• Decentralisation: Local development of renewable energy systems can spur local economic development, provide access to energy in remote areas, and empower communities to take control of their energy needs. Local development also frequently provides standardisation, grid connection, and regulatory and political advantages in deployment over larger, more complex power systems.