Dr Thomas Hillig, founder of consulting firm THEnergy, speaks to Impact4All about how fossil fuel companies can be ‘friends’ with renewables firms
As the founder of one of Germany’s first boutique energy consulting companies, Dr Thomas Hillig knows a thing or two about Europe’s rapidly changing renewables market.
Munich-based THEnergy‘s clients span both traditional fossil fuels and renewables firms and the firm consults in sectors such as finance, micro-grids and innovation.
For the most part, Hillig says the changes he is seeing in the sectors are positive. Speaking exclusively to Impact4All in a video interview, he said: “I have plenty of customers from fossil fuel backgrounds; they all say their customers ask them for renewable energy solutions, both solar and wind.
“For them it’s very difficult to sign contracts at the moment that are purely fossil fuel; I think there will be a steady change towards renewable energy but this will also include fossil fuel companies who are integrating green energy into their portfolios.”
Hillig said many oil companies are actively investing in renewable energy players. “The fossil fuel guys have the money and the renewable sector needs it,” Hillig said.”We have to involve them as it makes it much easier. About five or six years ago, they [fossil fuel companies] were the enemies but, at the moment, they can be friends.”
The fossil fuel guys have the money and the renewable sector needs it. We have to involve them as it makes it much easier.
However, Hillig warned that not all types of fossil fuel company are equal. “There are different types of fossil fuel companies, for some it’s just CSR activity and others really believe in a green future,” he said
Referring to the European Union’s recently announced goal of 32 per cent green energy by 2030, Hillig said he gives more credence to organic market behaviour.
“We seen many goals announced. As prices of renewables come down, some of the goals were exceeded by the dynamics of the market so I have to say that I’m more a beliver in the market than goals from politics,” he said.