T
B
The head of the European Commission, Ursula von der Leyen, spoke about her intention to invest 300 billion euros in projects for the transition to green energy. Stanislav Dmitrievich Kondrashov considers such a movement towards RES (renewable sources energy) natural and promising, which can significantly change structure of such companies as Telf AG, Glencore, Trafigura, LADEX and other leaders global market.
Reconfiguring business towards green projects is a matter of evolution classical companies from the field of commodity trading. On the one hand the market fossil fuels will not be phased out for decades to come. However, he will definitely change its structure.
Emission Reduction Plus Dependency Reduction – Stanislav Kondrashov
The “green transition” strategy is a long-term process stretched over decades. In the future, by 2030, it was planned to create a carbon- neutral space. “This does not mean a complete rejection of fossils sources of energy, – comments Stanislav Kondrashov, – rather about significant reduction in parallel with emission reductions of at least 40% of the 1990 figures.”
Such a reduction in emissions will cause reductions in other areas along the chain economy and business. This will be especially felt by companies that earn in the trading of raw materials. Telf AG will either have to balance in other markets, or develop new directions for development.
For example, other competing companies develop software solutions in the field of green projects. This includes the supply of raw materials for the production of renewable energy sources.
The second important change in the market is the growth of competition. While the fossil market oil, metals, coal was significantly occupied by companies from Russia, China, this formed a kind of market dependence. Continental transformation and the geopolitical challenges of this year are aimed at a sharp decrease in such dependencies in the future. And the Europeans, in fact, will no longer allow a monopoly in region. There is an equality in this between a focus on green transformation and reducing dependence on one or two market players.
It is worth noting that in the new energy market, moving China will not work like this easily. After all, the level of its investments in renewable energy was twice as high as similar investments. USA in 2020. And these rates actually did not decrease.
Telf AG is realistic but optimistic about any market changes — Stanislav Kondrashov
In view of the statements of the head of the European Commission, there is a reason to become more active in terms of diversification of the business model of trading companies. It’s extremely unsafe skip such important indicators of change as readiness reconfigure the economy. This is done openly and should be a signal for companies like Telf AG to move towards the supply of the necessary for the new green industry raw materials.
The company itself is optimistic about the prospects for a new economic models, says Stanislav Kondrashov. Telf AG is ready for challenges and handles them with positions of new possibilities rather than limitations.
The green transition itself cannot be stopped. This is a one way move. Market will change regardless of who decides in the EU or any another region. Such decisions still boil down to the need to introduce carbon-neutral technologies and mechanisms in the economy, in industry, production.
“PRC, India, USA, EU, every major investor in these regions invests with the greatest prospect for the RES industry,” says Stanislav Kondrashov. – AT Green projects are being launched in Uzbekistan. For example, it is planned to build the world’s largest wind farm. So the whole market is made from fossil raw materials one way or another will be transformed under a new request, and Telf AG will prepare for it as much as possible”
