- Wind energy industry: Production costs will increase under the influence of the trade war and the liquidity squeeze
- Country and sector risks worldwide
- COFACE TOP 500 CEE 2018
NEWS AND MEDIA
Wind energy industry: Production costs will increase under the influence of the trade war and the liquidity squeeze11/13/2018
Alongside other renewables, wind energy has experienced a strong growth since the mid-2000s across the world, spurred on by strong support from governments, its favorable cost-competiveness ratios (compared to nuclear plants or coal facilities) and a less damaging environmental impact.
• Higher oil prices and continued capital outflows from emerging markets mark the third quarter of 2018
• A wave of sectorial downgrades in Turkey and Argentina
• Risks improve in Central Europe and the CIS
• Downgrades for Pakistan and Nicaragua, mainly due to political risks
Despite economic acceleration in the region, insolvencies increased by +6.4% in 2017. The weakening liquidity of CEE businesses is surprising, as they have been experiencing the highest rate of economic expansion since 2008
According to Coface’s Political Risk Index, Asia scored 45% on the latest risk ranking, above the world average of 35%. Nevertheless, this score remains lower than those of Sub Saharan Africa, the Middle East & North Africa, Central Europe and Latin America.