by Lucia Colaluce | Dec 6, 2024
The United Kingdom plans to integrate 20 GW of battery storage capacity into its energy system by 2025, according to Paul Monks, Chief Scientific Advisor at the Department for Energy. This step is crucial to stabilizing a grid increasingly dominated by renewable energy, amidst challenges in infrastructure and market incentives.
by Milena Giorgi | Dec 5, 2024
Energy prices in the Spanish spot market are expected to follow a similar trend to 2024, with slight increases starting in July. The role of renewables is crucial, but gas and CO₂ continue to set the pace of the energy mix.
by Milena Giorgi | Dec 5, 2024
These are five photovoltaic projects from Dos Grados Capital, Grenergy, Catalpa Solar, and Statkraft, due to environmental impacts, technical issues, and territorial incompatibilities, reflecting the challenges of the renewable sector.
by Emilia Lardizabal | Dec 5, 2024
The French government awarded 948 MW across 120 projects in the sixth PPE2 photovoltaic auction, with NEOEN leading with 165 MW awarded, followed by Urbasolar and TotalEnergies. The average price was €79.28/MWh, a reduction of €2.6/MWh compared to the previous round. Jérémy Simon, Deputy General Delegate of SER, attributes the price drop to the increased supply of solar modules and their declining costs.
by Milena Giorgi | Dec 5, 2024
The second European Hydrogen Bank auction brings significant changes for renewable projects in Europe. With a budget of 1.2 billion euros, it aims to strengthen the sector, although it faces criticism for technical criteria and access barriers for smaller players.
by Milena Giorgi | Dec 5, 2024
The trend of corporates continues, supported by tech giants such as Amazon, Google, and Microsoft, who together have signed nearly 3000 MW in PPAs this year.