January 14, 2025Italy boosts industry with “Energy Release”: renewable energy at €65/MWh and up to 5.5 GW of new capacity.

Italy
Italy boosts industry with “Energy Release”: renewable energy at €65/MWh and up to 5.5 GW of new capacity.

The Gestore Servizi Energetici (GSE) launched the new Energy Release program, active from November 14 until February 14, through which Italian industries can apply to receive 69 TWh of electricity backed at a rate of 65 euros/MWh. Mary Polovtseva, Renewable Policy Analyst, analyzes the program’s impact on the industry, PPA markets, and Guarantees of Origin markets.

January 13, 2025The Rise of Renewables in Greece: A Record Year for Photovoltaics and 2030 Expectations

Greece
The Rise of Renewables in Greece: A Record Year for Photovoltaics and 2030 Expectations

The renewable energy sector in Greece has experienced exponential growth, with a record 2.5 GW of new photovoltaic (PV) capacity installed in 2024. This milestone generates optimism for meeting the targets of the National Energy and Climate Plan (NECP). However, Nikos Mantzaris, Senior Policy Analyst at The Green Tank, highlights challenges such as curtailment, limited grid capacity, and insufficient storage that impact the sector’s development.

January 9, 2025DNV predicts that Spanish data centers will consume nearly 26 TWh per hour by 2050

Spain
DNV predicts that Spanish data centers will consume nearly 26 TWh per hour by 2050

Data centers and AI currently consume 13% of the electricity used by commercial equipment, and this figure is expected to reach 44% by 2050. Collaboration with electricity companies, adoption of renewable energy sources, and a push for energy efficiency are key factors in mitigating the environmental impact of this growth. For DNV, it is crucial that all sector players work together to ensure a sustainable and efficient energy future.

January 14, 2025Italy boosts industry with “Energy Release”: renewable energy at €65/MWh and up to 5.5 GW of new capacity.

Italy
Italy boosts industry with “Energy Release”: renewable energy at €65/MWh and up to 5.5 GW of new capacity.

The Gestore Servizi Energetici (GSE) launched the new Energy Release program, active from November 14 until February 14, through which Italian industries can apply to receive 69 TWh of electricity backed at a rate of 65 euros/MWh. Mary Polovtseva, Renewable Policy Analyst, analyzes the program’s impact on the industry, PPA markets, and Guarantees of Origin markets.

January 13, 2025The Rise of Renewables in Greece: A Record Year for Photovoltaics and 2030 Expectations

Greece
The Rise of Renewables in Greece: A Record Year for Photovoltaics and 2030 Expectations

The renewable energy sector in Greece has experienced exponential growth, with a record 2.5 GW of new photovoltaic (PV) capacity installed in 2024. This milestone generates optimism for meeting the targets of the National Energy and Climate Plan (NECP). However, Nikos Mantzaris, Senior Policy Analyst at The Green Tank, highlights challenges such as curtailment, limited grid capacity, and insufficient storage that impact the sector’s development.

January 9, 2025DNV predicts that Spanish data centers will consume nearly 26 TWh per hour by 2050

Spain
DNV predicts that Spanish data centers will consume nearly 26 TWh per hour by 2050

Data centers and AI currently consume 13% of the electricity used by commercial equipment, and this figure is expected to reach 44% by 2050. Collaboration with electricity companies, adoption of renewable energy sources, and a push for energy efficiency are key factors in mitigating the environmental impact of this growth. For DNV, it is crucial that all sector players work together to ensure a sustainable and efficient energy future.

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