Southern Europe - Strategic Energy Europe

The two projects, currently under construction at the Sines Refinery, represent a total investment of €650 million. The renewable hydrogen production unit, financed with €180 million, will be one of the largest in Europe. The biofuels unit, financed with €250 million, will produce low-carbon fuels essential for the decarbonization of transport.

March 4, 2025
Italy awards 38 GW in the Capacity Market auction with a record-low price

by Energía Estratégica ES Keep reading

Italy successfully concludes the Capacity Market auction for the 2027 delivery period, awarding a total of 38,641 MW between existing and new capacity. However, the most relevant fact is that the valuation price reached its historic low, set at €47,000/MW/year for national capacity, with even lower values for imported capacity.

March 4, 2025
Galp signs a €430 million funding agreement with the EIB for its renewable hydrogen and biofuels projects in Portugal

The two projects, now under construction at the Sines refinery, represent a total investment of €650 million. The biofuels unit, financed with €250 million, will produce low-carbon fuels that are essential for decarbonising transport. The renewable hydrogen production unit, supported by €180 million in funding, is set to become one of the largest in Europe.

March 3, 2025
MACSE and the future of energy storage in Italy: Prices, returns, and sector expectations

Héctor Andrés Rodríguez Garnica, PV & BESS Product Manager and Technical Specialist, states that the scheme will boost energy storage and improve the flexibility of the electricity system. Prices are expected to range between €100 and €150 per MWh, with returns between 8% and 12% for investors. Terna S.p.A. has indicated that the auctions will be delayed until September of this year.

February 28, 2025
Ignis announces its commitment to hydrogen with a €200 million investment at the Storage and Renewable Leadership Forum

by Lucia Colaluce Keep reading

During the flagship event “Storage and Renewable Leadership Forum”, organised by Strategic Energy Corp, Ramón Cidón, Development Director at Ignis, highlighted the importance of hydrogen and renewable gases in the energy transition. With the backing of KKR, the company aims to establish itself as a leader in the sector and accelerate Europe’s energy independence.

February 28, 2025
Amazon strengthens its leadership in renewable energy with 17 new projects in Spain and its first initiative in Portugal

by Energía Estratégica ES Keep reading

The company has launched a total of 94 solar and wind projects in Spain, with a generation capacity exceeding 3.7 GW. Bloomberg NEF has recognised Amazon as the world’s largest corporate buyer of renewable energy for the fifth consecutive year.

February 27, 2025
Investment record: Redeia allocates €1.104 billion to accelerate the energy transition

In 2024, Redeia has reached an unprecedented level of investment, allocating €1.104 billion to the expansion of the electricity grid and the integration of renewable energy sources. This effort represents a 34% increase compared to the previous year and reinforces the company’s commitment to the energy transition. Additionally, Redeia has strengthened its financial position through the sale of Hispasat, securing key resources for the deployment of strategic infrastructure until 2030.

February 25, 2025
The new battery regulation: Obstacle or boost for the European industry?

The European battery regulation introduces strict sustainability, traceability, and safety requirements. Manufacturers and importers must adapt to new demands, including carbon footprint calculations and the mandatory Battery Passport. Is this a barrier to competitiveness or an opportunity to lead the energy transition?

February 24, 2025
The keys to the Draghi Plan: Five points that will define the future of renewable energy in Europe

The European Union strengthens its commitment to renewable energy with new financing, regulatory, and administrative simplification mechanisms—what are the key issues for business leaders to monitor?

February 24, 2025
Iberdrola and Kansai expand their strategic alliance to accelerate electrification in different countries

The collaboration focuses on exploring new opportunities in electricity grid and renewable energy projects in the countries where Iberdrola operates. Both companies are already partners in the British company Electricity North West and the Windanker offshore wind farm.

February 20, 2025
No guarantees and no competitive pricing: The uncertainty facing floating offshore wind under FER 2

The FER 2 Decree was designed to promote emerging technologies such as floating offshore wind power in Italy. However, its implementation presents significant limitations, ranging from the absence of a clear auction schedule to the lack of economic adjustment mechanisms that ensure project viability. Filippo Barzaghi, Offshore Wind Senior Analyst at Nadara, analyzes the current barriers and Italy’s role in the European supply chain in an interview with Strategic Energy Europe.

February 19, 2025
Today industry leaders debate the future of renewable energy in the “Storage, Renewable and Electric Vehicles Integration Forum”

Follow the Storage, Renewable and Electric Vehicles Integration Forum today from 1:00 PM (Central European Time). A free virtual event where industry leaders will discuss the future of energy and electric mobility. The forum will feature renowned companies such as Jinko Solar, and Black&Veatch.Don’t miss it!

February 19, 2025
The solar challenge: between the manufacturers’ crisis and the opportunity for developers

The 95% drop in CAPEX since 2010 is driving developers, while manufacturers are facing a crisis due to overcapacity. However, some projects awarded in auctions are seeking financing after submitting excessively low bids, putting their execution at risk.

February 18, 2025
Italy records a decline in renewable energy production in January 2025

The Italian energy sector is facing a 4.6% decrease in renewable energy generation compared to the same month of the previous year. While installed capacity continues to grow, wind, photovoltaic, and hydroelectric production show signs of stagnation.

February 18, 2025
Enagás will invest 4.035 billion euros by 2030, with green hydrogen as the pillar of its growth

The company’s recurring net profit – excluding the impact of asset rotation and the Gasoducto Sur Peruano (GSP) award – reached 310.1 million euros in 2024, 3.2% higher than in 2023.

February 17, 2025
Can renewables and storage replace nuclear baseload?

Spain is moving forward with its nuclear phase-out, but the insufficient growth of wind power and storage raises concerns about system stability. The IEA warns that without firm backup, the country will rely on gas to ensure electricity supply.

February 17, 2025
Agrivoltaics could generate up to 22% of the country’s renewable energy by 2030

The agricultural sector already contributes 11% of the country’s renewable energy production, with the potential to reach 22% by 2030. A report by the Confagricoltura Agroenergy Observatory analyzes the potential of this technology.

February 16, 2025
Portugal’s storage incentive ‘not enough’ to make all projects viable, experts warn

Experts point out that the auction design does not guarantee the feasibility of the awarded projects. Manuel Pessanha, from Synertics, argues that the incentive model should be restructured to ensure its long-term effectiveness.

February 16, 2025
Terna publishes the results of the 2026 Capacity Market Auction with 38.4 GW allocated