The market
The opportunity
Every year, global energy demand is steadily increasing; for emerging economies and developing countries, total global energy use is expected to grow by almost 50% by 2050. At the same time, scientists are sounding the alarm about the warming caused by carbon dioxide and other greenhouse gases. With temperatures possibly rising well above two degrees Celsius, many nations are looking for ways to replace fossil fuels with renewable sources for energy production. This provides an opportunity for investors looking to take advantage of green energy investments.
The recent Bloomberg New Energy Finance report shows the relative results that renewable energy will deliver to meet the needs of our generation. Given the expected increase in spending in the industry, investors who choose to invest in green energy may see their capital increase along with the demand for energy.
Small hydroelectric projects (SHEP) in Greece
SHEP is a form of renewable energy with many comparative advantages not only over investments in other sectors of the economy but also over other basic RES (solar, wind). All relevant international studies show that SHEP:
Description of the power generation project
Water from the Manesaiikos River (which originates near the village of Manesi) is collected with the help of the artificial dam and is piped 2.5 km to the power plant in Drosato. Then, with the help of a hydro turbine,the hydraulic energy is converted into mechanical energy and then, via a generator (from 2 Austrian Hitzinger generators) into electricity. The water is then fed back into the river, converted and continues to flow.
Drosato SA today:
Drosato is a one-person limited liability company owns a small hydroelectric project of 1.9 MW fully licensed in operation since 2018 on the Manesaiiko River at the location of Petzaki Drosato in the Municipal Community of the Municipality of Kalavryta, in the regional unit of Achaia, in the regional region of Western Greece.
The agreed electricity sales price of the hydropower plant with DEDDIE SA - €83/MWH - is guaranteed for 20 years until 2038.
Management of the company:
Board of Directors
Drosato SA is committed to operate under the principles of green energy in all its activities. To this end, the company promotes business ethics in decision-making and is committed to protecting the interests of shareholders and those with a legitimate interest.
For more information about mutual funds or anything else , please feel free to contact us.
The company is committed to operating on green energy principles, promoting business ethics and protecting the interests of shareholders and stakeholders.