Renewable energy: a multi-billion dollar opportunity in its infancy
Renewable energy is set to receive a $21 billion boost from the Australian federal government by 2030 - and an estimated $120 billion investment (from private and public investors) over the same time period.
Renewable energy assets - the likes of solar, wind farms and hydropower, and the battery technologies that store the power they produce - are rapidly gaining traction on the global stage. Australia, however, is just at the beginning of its journey.
"We are blessed with so many natural resources - whether it's wind, solar, or hydro. A lot of countries really just have one of these ... But, unfortunately, or fortunately for us as well, we also have a lot of coal and gas," says Lumi Adisa.
"This blessing has become almost like a hindrance for us now to move into this renewable energy future." But now, with many of the country's coal assets coming to the end of their technical lives, Australia has to act, Adisa says.
"We are running out of time to replace these coal generators ... And wind and solar are the cheapest renewable energy sources right now to replace these units," he says. As an added bonus, renewable energy investments can also provide much-needed diversification to investors' portfolios, and can generate yields of 4-9% per annum, Adisa says.
They are also correlated to GDP (and thus, good investments in inflationary environments) and defensive given the Australian government has now committed to reach net-zero emissions by 2050. "This is such a great asset class to have in a portfolio because these technologies don't care where your bond markets or equity markets are, the sun's still going to rise in the morning and the wind's still going to blow," Adisa says.
In this profile, Adisa reveals why he left a career in gas markets for renewable investments, as well as his thoughts on the Australian government's recently released plan to reach net zero. He also shares which energy assets he believes are likely to benefit from government investment over the coming years, how these assets fit into investors' portfolio mix and the returns that investors can actually expect by investing in the energy sources of the future.
Renewable energy: a multi-billion dollar opportunity in its infancy
Renewable energy is set to receive a $21 billion boost from the Australian federal government by 2030 - and an estimated $120 billion investment (from private and public investors) over the same time period.
Renewable energy assets - the likes of solar, wind farms and hydropower, and the battery technologies that store the power they produce - are rapidly gaining traction on the global stage. Australia, however, is just at the beginning of its journey.
"We are blessed with so many natural resources - whether it's wind, solar, or hydro. A lot of countries really just have one of these ... But, unfortunately, or fortunately for us as well, we also have a lot of coal and gas," says Lumi Adisa.
"This blessing has become almost like a hindrance for us now to move into this renewable energy future." But now, with many of the country's coal assets coming to the end of their technical lives, Australia has to act, Adisa says.
"We are running out of time to replace these coal generators ... And wind and solar are the cheapest renewable energy sources right now to replace these units," he says. As an added bonus, renewable energy investments can also provide much-needed diversification to investors' portfolios, and can generate yields of 4-9% per annum, Adisa says.
They are also correlated to GDP (and thus, good investments in inflationary environments) and defensive given the Australian government has now committed to reach net-zero emissions by 2050. "This is such a great asset class to have in a portfolio because these technologies don't care where your bond markets or equity markets are, the sun's still going to rise in the morning and the wind's still going to blow," Adisa says.
In this profile, Adisa reveals why he left a career in gas markets for renewable investments, as well as his thoughts on the Australian government's recently released plan to reach net zero. He also shares which energy assets he believes are likely to benefit from government investment over the coming years, how these assets fit into investors' portfolio mix and the returns that investors can actually expect by investing in the energy sources of the future.
Renewable energy: a multi-billion dollar opportunity in its infancy
Renewable energy is set to receive a $21 billion boost from the Australian federal government by 2030 - and an estimated $120 billion investment (from private and public investors) over the same time period.
Renewable energy assets - the likes of solar, wind farms and hydropower, and the battery technologies that store the power they produce - are rapidly gaining traction on the global stage. Australia, however, is just at the beginning of its journey.
"We are blessed with so many natural resources - whether it's wind, solar, or hydro. A lot of countries really just have one of these ... But, unfortunately, or fortunately for us as well, we also have a lot of coal and gas," says Lumi Adisa.
"This blessing has become almost like a hindrance for us now to move into this renewable energy future." But now, with many of the country's coal assets coming to the end of their technical lives, Australia has to act, Adisa says.
"We are running out of time to replace these coal generators ... And wind and solar are the cheapest renewable energy sources right now to replace these units," he says. As an added bonus, renewable energy investments can also provide much-needed diversification to investors' portfolios, and can generate yields of 4-9% per annum, Adisa says.
They are also correlated to GDP (and thus, good investments in inflationary environments) and defensive given the Australian government has now committed to reach net-zero emissions by 2050. "This is such a great asset class to have in a portfolio because these technologies don't care where your bond markets or equity markets are, the sun's still going to rise in the morning and the wind's still going to blow," Adisa says.
In this profile, Adisa reveals why he left a career in gas markets for renewable investments, as well as his thoughts on the Australian government's recently released plan to reach net zero. He also shares which energy assets he believes are likely to benefit from government investment over the coming years, how these assets fit into investors' portfolio mix and the returns that investors can actually expect by investing in the energy sources of the future.
Renewable energy: a multi-billion dollar opportunity in its infancy
Renewable energy is set to receive a $21 billion boost from the Australian federal government by 2030 - and an estimated $120 billion investment (from private and public investors) over the same time period.
Renewable energy assets - the likes of solar, wind farms and hydropower, and the battery technologies that store the power they produce - are rapidly gaining traction on the global stage. Australia, however, is just at the beginning of its journey.
"We are blessed with so many natural resources - whether it's wind, solar, or hydro. A lot of countries really just have one of these ... But, unfortunately, or fortunately for us as well, we also have a lot of coal and gas," says Lumi Adisa.
"This blessing has become almost like a hindrance for us now to move into this renewable energy future." But now, with many of the country's coal assets coming to the end of their technical lives, Australia has to act, Adisa says.
"We are running out of time to replace these coal generators ... And wind and solar are the cheapest renewable energy sources right now to replace these units," he says. As an added bonus, renewable energy investments can also provide much-needed diversification to investors' portfolios, and can generate yields of 4-9% per annum, Adisa says.
They are also correlated to GDP (and thus, good investments in inflationary environments) and defensive given the Australian government has now committed to reach net-zero emissions by 2050. "This is such a great asset class to have in a portfolio because these technologies don't care where your bond markets or equity markets are, the sun's still going to rise in the morning and the wind's still going to blow," Adisa says.
In this profile, Adisa reveals why he left a career in gas markets for renewable investments, as well as his thoughts on the Australian government's recently released plan to reach net zero. He also shares which energy assets he believes are likely to benefit from government investment over the coming years, how these assets fit into investors' portfolio mix and the returns that investors can actually expect by investing in the energy sources of the future.
Renewable energy: a multi-billion dollar opportunity in its infancy
Renewable energy is set to receive a $21 billion boost from the Australian federal government by 2030 - and an estimated $120 billion investment (from private and public investors) over the same time period.
Renewable energy assets - the likes of solar, wind farms and hydropower, and the battery technologies that store the power they produce - are rapidly gaining traction on the global stage. Australia, however, is just at the beginning of its journey.
"We are blessed with so many natural resources - whether it's wind, solar, or hydro. A lot of countries really just have one of these ... But, unfortunately, or fortunately for us as well, we also have a lot of coal and gas," says Lumi Adisa.
"This blessing has become almost like a hindrance for us now to move into this renewable energy future." But now, with many of the country's coal assets coming to the end of their technical lives, Australia has to act, Adisa says.
"We are running out of time to replace these coal generators ... And wind and solar are the cheapest renewable energy sources right now to replace these units," he says. As an added bonus, renewable energy investments can also provide much-needed diversification to investors' portfolios, and can generate yields of 4-9% per annum, Adisa says.
They are also correlated to GDP (and thus, good investments in inflationary environments) and defensive given the Australian government has now committed to reach net-zero emissions by 2050. "This is such a great asset class to have in a portfolio because these technologies don't care where your bond markets or equity markets are, the sun's still going to rise in the morning and the wind's still going to blow," Adisa says.
In this profile, Adisa reveals why he left a career in gas markets for renewable investments, as well as his thoughts on the Australian government's recently released plan to reach net zero. He also shares which energy assets he believes are likely to benefit from government investment over the coming years, how these assets fit into investors' portfolio mix and the returns that investors can actually expect by investing in the energy sources of the future.
