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The president of the World Energy Council Panama chapter stressed that well-planned auction schemes encourage new entrants into the energy sector and help deliver more competitive power prices.
The United Kingdom has allocated 8.4 GW of offshore wind capacity in its latest auction round, setting a new European record. Intense competition drove strike prices down to £91.20/MWh in England and Wales and £89.49/MWh in Scotland, reinforcing offshore wind’s role as a cornerstone of the UK’s energy transition.
Between December and January, Spain submitted 35 new solar and wind projects for environmental permitting, totalling 2.16 GW. Solar PV accounts for nearly 80% of the capacity, with Madrid, Castile and León and Andalusia leading deployment. Major developers include EDP, Enel Green Power, Masdar, Naturgy, Jinko Power and X-Elio.