How Montel Power Price Scenarios support long-term renewable investments

Who are you and what does your business do?

My name is Thomas Seibel, and I am CEO at re:cap global investors. We advise institutional investors on renewable energy investments and provide asset management for the long-term operation of wind, solar, storage and charging infrastructure assets across Europe.

In my role, I assess projects, evaluate profitability and risk, and support the strategic build-up and long-term management of renewable energy portfolios.

What challenges do you face in energy markets?

For investment and risk assessment, we need a realistic view of long-term revenue development. In power markets, this is particularly challenging: prices are influenced by many drivers, including renewable capacity expansion, fuel and CO₂ costs, grid constraints, demand trends and political frameworks.

Without consistent scenarios, it is difficult to quantify risk over 10 to 30 years, compare business cases across countries, and transparently demonstrate to investors how resilient a project is under different market conditions.

What attracted you to Montel?

We were not looking for a single “line forecast”, but for a set of transparent, regularly updated power price scenarios that could be directly integrated into our financial models.

Montel convinced us because the Power Price Scenarios are based on a robust European fundamental model, clearly document underlying assumptions, and provide an investor-ready foundation for revenue and risk assessments.

Can you identify a time where Montel really helped you?

The strongest impact is visible during project acquisitions and portfolio reviews. Using the Power Price Scenarios, we can quickly run several realistic price pathways, such as base, high and low scenarios, and immediately see how resilient a business case remains across different market outcomes.

This significantly reduces internal effort, as we no longer need to run our own long-term simulations or consolidate data from multiple sources. As a result, we reach well-founded investment and risk decisions faster, and can clearly justify them to investors.

What do you value most working with us?

We value the combination of analytical depth and practical usability. The scenarios are structured in a way that fits directly into our valuation and risk processes, without additional interpretation or data preparation.

The collaboration is also straightforward: when questions arise around assumptions, we receive quick and clear answers. This provides confidence and efficiency in a market where incorrect long-term assumptions can lead to significant costs.

Montel Power Price Scenarios are a core tool for us to realistically quantify long-term power price risk, evaluate projects faster and make more robust investment decisions.