by Milena Giorgi | Oct 30, 2024
The tax on energy companies, which raised **€1.164 billion**, creates uncertainty in investments. Although companies like Endesa and Iberdrola are growing in value, broker Jon Belda warns that the measure would affect smaller firms and polarize the market.
by Lucia Colaluce | Oct 30, 2024
The third quarter of 2024 was a period of significant milestones for energy generation on the continent, highlighting a historic increase in solar and wind power production, alongside a reduction in fossil fuel generation. Below, *Energía Estratégica España* analyzes the main points of the quarterly report from Montel Analytics on the European electricity markets.
by Energía Estratégica | Oct 30, 2024
It is a cutting-edge project that combines a 200 MW pumped-storage hydroelectric power plant with a desalination plant, and it is strategic for Gran Canaria. It will strengthen the island’s electrical system and provide crucial support for the guarantee and security of the electricity supply, a key issue for citizens and businesses.
by Emilia Lardizabal | Oct 29, 2024
With the goal of reaching 35% of renewables and 58% of low-carbon energy in its energy mix by 2030, France is driving a strategic planning process for its electricity grid and the development of key infrastructure in offshore wind, nuclear, and hydroelectric energy. “It is essential to anticipate and plan generation and grid capacities for the energy transition,” states Cecil Coulet, Head of EU Public Affairs at EdEn (Équilibre des Énergies).
by Milena Giorgi | Oct 29, 2024
The decline in pointing indices for photovoltaic energy and the income challenges for projects without coverage are leading banks to reduce financing for merchant projects. Projections point to a structural shift in energy investment.
by Milena Giorgi | Oct 29, 2024
The President of AEPIBAL emphasizes the importance of a strong battery sector in Europe, noting that batteries are strategic technology for the continent. The organization has presented 10 key proposals to improve the regulation of distributed storage and ensure that Spain strengthens its battery industry.