
Great Britain strengthens its commitment to ethical supply chains in the energy sector
An amendment to Britain’s Energy Bill will allow the company to ensure that forced labor is not used in its supply chains.
An amendment to Britain’s Energy Bill will allow the company to ensure that forced labor is not used in its supply chains.
It provides for the gradual elimination of remuneration for decentralized facilities, thereby reducing grid costs.
BloombergNEF forecasts that global electricity demand will increase by 75% by 2050, driven by artificial intelligence and data centres. Renewable energy is expected to supply two-thirds of this consumption, but the report warns of the urgent need to adapt power grids and accelerate system flexibility.
Pedro González, Managing Director, states that enabling multiple physical suppliers will facilitate the signing of long-term contracts in the current context of a slowdown in the PPA market, while also enhancing industrial competitiveness.
NESO (National Energy System Operator) forecasts historic low electricity demand during summer 2025, driven by the rapid expansion of solar generation. The operator estimates that there is a 50% probability that national demand will reach a new historic low, below 13.4 GW, so it will implement special tools to balance the system.
The Energy, Resources, and Environment Regulation Authority (ARERA) has officially announced the criteria for the top prize for the first MACSE auction, which will be awarded at a maximum of €32,000/MWh per year.