Convertible bonds related to energy storage

What does EDF do with its green convertible bonds?

Électricité de France (EDF) sold a historic €2.4bn green convertible bond on 8 September, with the proceeds to be allocated to finance or refinance renewable energy production and storage activities consistent with EU requirements. This was followed by EDF.

Which companies have issued green convertible bonds?

Since May 2020, nine companies have issued green convertible bonds. Among them is Neoen, which issued the first European green convertible bond for €170m on 28 May. Neoen is a renewable energy company that builds and manages power plants in solar, wind and biomass.

Can green convertible bonds be created?

Green bond financing has recently expanded to include convertible bonds, with 2020 seeing a record level of new issuance for the asset class. Convertible bonds -- which can be converted by the holder into the common stock of the issuing company -- have proved resilient during the Covid-19 crisis. In this context, green convertible bonds have emerged.

What is the efficiency of converting stored energy back to electricity?

The efficiency of converting stored energy back to electricity varies across storage technologies. Additionally, PHES and batteries generally exhibit higher round-trip efficiencies, while CAES and some thermal energy storage systems have lower efficiencies due to energy losses during compression/expansion or heat transfer processes. 6.1.3.

Is Schneider Electric a 'green' bond?

Schneider Electric did not issue a 'green' bond, but it is notable that they launched the first sustainability-linked convertible bond in November. The performance of this bond is linked to three KPIs (CO2 emissions, gender diversity, and number of underprivileged people trained in energy management) to the cost of the coupon paid to investors.

Which energy storage technologies offer a higher energy storage capacity?

Some key observations include: Energy Storage Capacity: Sensible heat storage and high-temperature TES systems generally offer higher energy storage capacities compared to latent heat-based storage and thermochemical-based energy storage technologies.