Image: Marie Beyer, pv magazine
By ESS news
The Aurora Energy Finance 2025 conference, held in Paris on October 8, brought together renewable energy financiers to discuss investment strategies in an era of increasing price volatility and negative prices. With renewables occupying a dominant share of the energy mix, these market shifts are reshaping established business models and forcing lenders, developers and policymakers to reevaluate how they assess and allocate risk.
Amid this uncertainty, new opportunities arise for those willing to adapt. The focus is shifting to flexible assets, evolving market signals and early-stage storage models that can support long-term resilience.
Adjustment to negative prices
An important challenge lies in adapting project models to the increasing frequency of negative prices. Lisa McDermott, Managing Director for Project and Infrastructure Finance at Dutch commercial bank ABN Amro, noted: “Assets now operating during negative hours were historically financed, when lenders were not as familiar with negative pricing as they are today.”
To read further, visit our ESS news website.
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