Guernsey: Renewables

As renewable technologies mature and energy markets grow increasingly volatile, traditional stabilising mechanisms like government subsidies and fixed-price power purchase agreements are giving way to merchant risk exposure. How can insurance innovation, supported by the right regulatory environment, transform energy price volatility from an investment barrier into a manageable risk that unlocks sustainable outcomes?

Equinor's Michael Corney discusses the practical realities of delivering offshore wind at scale, exploring how grid infrastructure, policy frameworks, and financing structures enable major renewable energy projects. The conversation examines the growing potential of floating wind technology in the Celtic Sea and considers how financial centres like Guernsey can support long-term energy investment.

Financing a circular economy, balanced regulation and adaptation finance came out as strong themes from Guernsey's discussions at the COP28 conference.

Guernsey Finance Chief Executive Fiona Le Poidevin spoke to Jessica Mills-Davies of Clean Energy pipeline about Guernsey’s expertise in cleantech funds.

Guernsey's growing reputation as a centre of excellence for launching listed renewable energy funds has been reinforced by the innovative Bluefield Solar Income Fund.

A Guernsey fund is seeking to raise £300 million to buy a clutch of European wind and solar farms.