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.

October 22, 2024AELEC Highlights Investment in Electric Grids as a Priority for the New National Energy Commission

Spain
AELEC Highlights Investment in Electric Grids as a Priority for the New National Energy Commission

The government has approved the draft bill to reinstate the National Energy Commission (CNE). In this context, the Association of Electric Energy Companies (aelēc) emphasizes that the commission’s focus should be on electric grids and that it should encourage investments in this area through remuneration models. Additionally, Marina Serrano, president of the association, indicates that the commission must also prioritize measures related to access and connection capacity to the grids, for both generation and demand.

October 22, 2024Global Competitiveness of Renewable LCOE Continues to Accelerate

Europe
Global Competitiveness of Renewable LCOE Continues to Accelerate

For solar photovoltaic energy, the LCOE of fixed-axis systems averages $66/MWh globally, with a wide range from $28/MWh to $117/MWh, reflecting the influence of geography, technological advancements, and regional market conditions. Single-axis tracking photovoltaic systems perform slightly better, with an average of $60/MWh and a range from $31/MWh to $103/MWh, reinforcing their growing role in utility-scale projects.

October 17, 20242.8 GW of renewable energy projects advance in environmental processing in the Italian market.

Italy
2.8 GW of renewable energy projects advance in environmental processing in the Italian market.

According to an analysis conducted by Energía Estratégica España, between September and the first weeks of October, 2,837.7 MW advanced in environmental processing from 34 projects. Of the total, 1,078.4 MW correspond to agrovoltaic energy and 1,005 MW to offshore wind energy, while the remainder is divided between onshore wind and photovoltaic energy.

October 15, 2024Greece could reach 6.5 GW of wind energy in the next two years

Greece
Greece could reach 6.5 GW of wind energy in the next two years

With a current capacity of 5.3 GW, Greece is heading towards significant growth in the wind sector, as there are 970 MW of new projects under construction and contracted, expected to be connected in the next 18 months, according to the Hellenic Wind Energy Association (HWEA). Furthermore, they highlight optimistic expectations for achieving the 2030 goals of 8.9 GW of offshore wind and 1.9 GW of marine wind.

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.

October 22, 2024AELEC Highlights Investment in Electric Grids as a Priority for the New National Energy Commission

Spain
AELEC Highlights Investment in Electric Grids as a Priority for the New National Energy Commission

The government has approved the draft bill to reinstate the National Energy Commission (CNE). In this context, the Association of Electric Energy Companies (aelēc) emphasizes that the commission’s focus should be on electric grids and that it should encourage investments in this area through remuneration models. Additionally, Marina Serrano, president of the association, indicates that the commission must also prioritize measures related to access and connection capacity to the grids, for both generation and demand.

October 22, 2024Global Competitiveness of Renewable LCOE Continues to Accelerate

Europe
Global Competitiveness of Renewable LCOE Continues to Accelerate

For solar photovoltaic energy, the LCOE of fixed-axis systems averages $66/MWh globally, with a wide range from $28/MWh to $117/MWh, reflecting the influence of geography, technological advancements, and regional market conditions. Single-axis tracking photovoltaic systems perform slightly better, with an average of $60/MWh and a range from $31/MWh to $103/MWh, reinforcing their growing role in utility-scale projects.

October 17, 20242.8 GW of renewable energy projects advance in environmental processing in the Italian market.

Italy
2.8 GW of renewable energy projects advance in environmental processing in the Italian market.

According to an analysis conducted by Energía Estratégica España, between September and the first weeks of October, 2,837.7 MW advanced in environmental processing from 34 projects. Of the total, 1,078.4 MW correspond to agrovoltaic energy and 1,005 MW to offshore wind energy, while the remainder is divided between onshore wind and photovoltaic energy.

October 15, 2024Greece could reach 6.5 GW of wind energy in the next two years

Greece
Greece could reach 6.5 GW of wind energy in the next two years

With a current capacity of 5.3 GW, Greece is heading towards significant growth in the wind sector, as there are 970 MW of new projects under construction and contracted, expected to be connected in the next 18 months, according to the Hellenic Wind Energy Association (HWEA). Furthermore, they highlight optimistic expectations for achieving the 2030 goals of 8.9 GW of offshore wind and 1.9 GW of marine wind.

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