We interviewed Hugo Lucas CEO of Factor Germany
14 September 2017 | Mitigation
Consistent with Factor's internationalization process, last week Factor Ideas Germany GmbH was established, a new organization aimed at consolidating the presence of Factor in the German country, where it began operations in 2013.
To know more about this new company and his participation in one of the most important events in the renewable energy sector (MEXIREC 2017), we interviewed Hugo Lucas, who has been appointed Executive Director of Factor Germany, and who has held the position of Head of Factor Energy for 3 years.
What did you think of the MEXIREC 2017?
I believe that the International Renewable Energies Conference (IREC) has demonstrated once again in Mexico, with MEXIREC 2017, that it is the main event in the renewable energy sector worldwide.
Mexico has shown that in a short period of time it has positioned itself in the group of countries that lead the world energy transition, which makes it the most attractive market in Latin America today.
The contributions of the Government of Mexico in the closing document, present important conclusions that will mark the direction of the country's renewable energy sector and the trends to follow for the sector at the international level, especially for future emerging markets.
What did your participation in MEXIREC 2017 consist on?
Our main contribution in MEXIREC has been the launching of the report for REN21 on Renewable Energy Tenders and Community Empowerment. The important development of renewables worldwide and in particular in Mexico has been due, among other factors, to the holding of energy tenders. Unfortunately, the collateral damage of tenders is that they make it virtually impossible to develop projects promoted from the grassroots by communities, simply because they cannot compete against large project developers.
With the report, we have one of the main international actors, REN21, in favor of these projects. Specifically, we propose, in the medium and long term, national targets for this type of projects, quotas in the short term, and that these quotas will be covered as citizens projects are prepared and guaranteeing them a price of electricity, based on the result of tenders to promote only cost-efficient projects. This mechanism has been called the adhesion process.
Congratulations on the opening of the new office in Germany and your appointment as CEO. What can you tell us about it?
To be honest it has been a natural process, not a result of a predetermined strategy of international expansion in the medium and long term. Almost four years ago I moved to Berlin, I've been working for Factor for three years now, and most of our energy clients are German, things are going well, we need to grow and we have to formalize, consolidate, our presence there.
Finally, what can we expect in the future for Factor Germany?
Well, as you know we are expanding, as the need for technical assistance in renewables and energy efficiency in most developing countries continues to increase. Specifically, as I said before, the number of countries holding renewable energy tenders is growing. In recent years Factor has worked on this topic, in addition to Mexico, in Peru, Panama, Mali, Madagascar and the Philippines.
I am sure that the demand for support in the design of energy tenders, which are becoming more sophisticated, in the design and implementation of the net balance, will be highly demanded. On the other hand, the demand for consultancy from private companies continues to grow. In Spain, Germany and Mexico we are helping companies to develop their strategies to be 100% renewable, so there is still a lot of new ground to explore.