aream Press release

The war in the Middle East is currently causing significant price fluctuations on the international energy markets. Oil and gas prices are reacting immediately – and electricity prices are following suit. “However, a closer look at the price structure reveals a more nuanced picture”, says René Kautz, CCO of the aream Group. “Whilst electricity for short-term delivery is becoming significantly more expensive, long-term exchange electricity prices remain comparatively stable.”

The Middle East is in flames – and so is the world. According to the latest data, the atmosphere is warming at an ever-increasing rate, sea levels are rising and glaciers are melting. “For Germany alone, the costs of climate damage are likely to amount to hundreds of billions of euros in the coming decades“, comments Patrick Lemcke-Braselmann, Co-CEO of the aream Group. “Nevertheless, the fact that climate protection is an economic necessity is being forgotten or denied.“

The geopolitical situation shows us with brutal clarity how fragile the global energy system still is. A war against Iran would not only destabilise the region, but also strike at the heart of the global economy. Rising oil prices would also push up gas prices, supply routes through the Strait of Hormuz would come under pressure, insurance premiums would skyrocket, and freight routes would become unsafe. In a highly networked industry, this means nothing less than an acute risk to growth, investment and prosperity. Anyone who still clings to the illusion that fossil fuel dependencies can be moderated politically or contained diplomatically is ignoring the structural vulnerability of the existing energy supply system. – A commentary by Markus W. Voigt, CEO of aream Group SE.

The debate about loss-making solar and wind farms paints a distorted picture of an industry in transition. Rising interest rates, falling electricity prices and higher project costs have increased the pressure on developers and investors. However, it would be far too simplistic to conclude that renewable energy projects are no longer profitable. Project development in photovoltaics, wind and battery storage remains a viable and profitable business model – but only for those who implement their projects with strategic discipline, robust calculations and a clear understanding of market cycles. – A commentary by Markus Voigt, CEO of aream Group SE.