October 24, 2024Greece faces volatility in energy prices with average rates of 83 €/MWh.

Greece
Greece faces volatility in energy prices with average rates of 83 €/MWh.

Antonio Delgado Rigal, CEO of Aleasoft, points out that during the first twenty days of October, the average energy price in Greece was 83.8 €/MWh, with hourly values fluctuating between 0.04 €/MWh and 268.9 €/MWh. He also states that the country has accelerated the integration of renewable sources, such as solar and wind, and is promoting storage technologies to balance supply and demand in order to avoid price spikes.

October 23, 2024Romania must install 1 GW per year of wind and solar energy to reach its 2030 targets

Romania
Romania must install 1 GW per year of wind and solar energy to reach its 2030 targets

The Sustainable Renewable Energy Association (APERS) reports that there is currently 3.4 GW of installed wind power and 1.5 GW of photovoltaic solar power in Romania. The Romanian government aims to reach 7 GW of wind and 6 GW of solar energy by 2030, as part of the Energy and Climate Plan. This means that 450 MW of wind and 560 MW of photovoltaic solar power need to be installed annually through the end of the decade.

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