Captive InternationalFuture energy finance : how captives are powering renewables growth. — London : Captive Intelligence, 202614 p.Executive Summary -- Renewables Amid Shifting Energy Policy -- Grid Pressures and New Technologies -- The Growing Need for Smart Capital -- The Strategic Rise of Captives -- In Summary. — Sumario: The document analyses how captive insurance structures are playing a strategic role in financing and managing the risks associated with the growth of renewable energy. It examines the impact of the energy transition, pressure on electricity grids, and the emergence of new technologies with evolving risk profiles. It highlights the role of captives as a tool to optimise capital, complement traditional insurance markets, and facilitate investment in critical infrastructure. The report includes case studies and expert insights from the insurance and energy sectors. It positions captives at the intersection of insurance and finance within the global decarbonisation process1. Transición energética. 2. Energías renovables. 3. Gerencia de riesgos. 4. Almacenamiento energético. 5. Reaseguro. 6. Mercado de seguros. 7. Riesgos medioambientales. I. AON Company. II. AXA XL. III. Title.