MIBEL eludes the price rises registered in the European markets in November. In November, prices of most European markets were higher than those of October, except for MIBEL, which registered the lowest price since August 2021, including the adjustment price due to the gas cap. In most markets, the increase in wind energy production failed … Continue reading Solar photovoltaic and concentrated solar power and wind energy production in November
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Wind energy increases its annual contribution to the Spanish economy
In 2021, the wind sector has meant 0.49% of GDP in Spain, has generated employment for more than 32,000 professionals, has allowed companies to export more than 2,000 million euros and saved 2,713 million euros in the importation of fossil fuels. Thanks to the wind, the emission to the atmosphere of 31.7 million tons of … Continue reading Wind energy increases its annual contribution to the Spanish economy
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Acciona Energía has launched the Vehicle to Grid (V2G) Balearic Islands project
ACCIONA Energía has set up the Vehicle to Grid (V2G) Balearic Islands project, creating the first bi-directional electric vehicle charging network to operate in Spain. This ecosystem is 100% renewable, and it will allow to use the electricity stored in the batteries of electric vehicles for self-consumption or to inject it back into the grid. … Continue reading Acciona Energía has launched the Vehicle to Grid (V2G) Balearic Islands project
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Renewable energy financing opens to new options
The range of financing options for renewable energy projects is increasingly wide. The new sources of financing, unlike the traditional Project Finance with a commercial bank, no longer require a PPA and more naturally accept the market price risk of full merchant projects. At the analysis table of the Spanish version of the 27th edition … Continue reading Renewable energy financing opens to new options
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Low temperatures arrive and gas and electricity markets prices rise
In the fourth week of November, electricity markets prices rose in a generalised way, a behaviour that continued on Monday 28, when prices above €400/MWh were registered in various markets and above £1000/MWh in the British market. The main causes of these rises are the increase in demand due to the drop in temperatures and … Continue reading Low temperatures arrive and gas and electricity markets prices rise
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Increasing cost pressures and design flaws undermine Spanish auction
Spain has published the results of its 2022 onshore wind auction. Plenty of wind energy projects bid in. But only 46 MW got awarded, results of combination of current cost pressures and a flawed “secret” price cap. The 2022 Spanish renewables auction was very disappointing. A total of 3.3 GW was up for tender, 1.8 … Continue reading Increasing cost pressures and design flaws undermine Spanish auction
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Capital Energy reaffirms its commitment to wind power in Asturias
They also sign three other agreements with the aim of boosting local employment during the construction of their Leo, Campón and Cassiopea wind farms.During the construction and operation and maintenance phases of Leo, Campón and Cassiopea, the company and the council will implement different actions agreed between both parties and that will be adjusted to … Continue reading Capital Energy reaffirms its commitment to wind power in Asturias
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Soriana wind power Hazapierna and Praderas Altas
Capital Energy signs two new agreements linked to its Territories Project in Soria with the municipalities of Taroda and Almaluez. The agreements are linked to the development of the line on which, among others, two of the company’s wind farms in Soria, Hazapierna and Praderas Altas, will be evacuated Soria, November 21, 2022.- Capital Energy, … Continue reading Soriana wind power Hazapierna and Praderas Altas
Continue readingWind energy reduced prices in MIBEL while gas raised them in the rest of European markets
In the third week of November, prices of most European electricity markets rose as a result of the increase in gas prices, a higher electricity demand and the drop in solar energy production. However, in the MIBEL market, prices fell thanks to the increase in wind energy production, which allowed the lowest price since June … Continue reading Wind energy reduced prices in MIBEL while gas raised them in the rest of European markets
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2023 is the year of offshore wind power takeoff in Spain
The development of offshore wind power in Spain is an opportunity for strategic development for our economy, creating new jobs and synergies with other industrial activities in our country.In Spain we have the value chain and infrastructure to address the development of offshore wind power on our coasts. Spain is an international benchmark in floating … Continue reading 2023 is the year of offshore wind power takeoff in Spain
Continue readingCapital Energy advances in the processing of Las Mareas I and II, two key wind farms for its renewable project in Aragon
The Aragonese Institute for Environmental Management (Inaga) has granted these two Zaragoza projects the Environmental Impact Declaration (DIA) Zaragoza, November 17, 2022.- Capital Energy, a Spanish energy company born two decades ago and whose vocation is to become the first 100% vertically integrated renewable operator in the Iberian Peninsula, continues to strengthen its clean energy … Continue reading Capital Energy advances in the processing of Las Mareas I and II, two key wind farms for its renewable project in Aragon
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WindEurope panel at COP27: permitting, permitting, permitting
WindEurope organised a panel discussion on behalf of the EU Commission at EU Energy Day at COP27 in Egypt this week. The topic was “how to deliver the EU goal that wind is 43% of Europe’s electricity by 2030”. The panel mainly focused on how to fix permitting but also discussed the scalability of wind … Continue reading WindEurope panel at COP27: permitting, permitting, permitting
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Ingeteam develops medium voltage full power converter product range for up to 18MW offshore wind turbines
Ingeteam has developed the INGECON® WIND FULL CONVERTER MV, a new product range of medium voltage full power converters designed to improve the performance of the world’s most powerful offshore wind turbines. The converter is already available for offshore turbines up to 15MW and is projected to be ready for 18MW machines by 2024. This … Continue reading Ingeteam develops medium voltage full power converter product range for up to 18MW offshore wind turbines
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The 1st Offshore Wind Congress brings together the main experts in offshore wind power to advance its development in Spain
From November 22 to 23, Bilbao becomes the capital of Spanish offshore wind power, where AEE celebrates the I Offshore Wind Congress. The Wind Business Association has the support of the Basque Energy Cluster as co-organizer and the Basque Energy Entity (EVE) as institutional partner. For two days, more than 350 attendees will analyze the … Continue reading The 1st Offshore Wind Congress brings together the main experts in offshore wind power to advance its development in Spain
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Iberdrola presents its Climate Action Plan at COP27
The company has set itself the goal of achieving emissions neutrality in its generation plants and own consumption by 2030 and reaching zero net emissions in all its activities by 2040. In line with its commitment to biodiversity protection, Iberdrola will also achieve a net positive impact on species and ecosystems by 2030. Both targets … Continue reading Iberdrola presents its Climate Action Plan at COP27
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European solar and wind energy production grew year on year in October
In the month of October, the solar energy production increased compared to the same month of 2021 in all analysed European markets. The largest increase, of 19%, was registered in the Italian market, followed by the 16% rise of the Portuguese market. Portugal also registered the highest year?on?year increase in wind energy production, of 27%. … Continue reading European solar and wind energy production grew year on year in October
Continue readingIberdrola to invest record €47bn in the energy transition in 2023-2025
Growth based on investments in electricity networks and a selective approach to renewables Improving earnings quality and protecting balance sheet strength through geographical diversification and a prudent financial model Highlights:– Record investment plan of €47bn to 2025, driven by organic investments in all markets and PNM Resources transaction.– Strong financial ratios during the … Continue reading Iberdrola to invest record €47bn in the energy transition in 2023-2025
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COP 27. Wind power as technology and AEE in Sharm el Sheikh
The Climate Summit COP 27 has just been inaugurated. More than 190 delegations, 40,000 attendees, will address the crisis caused by climate change until November 18 in the city of Sharm el Sheikh. The Wind Energy Business Association (AEE) will be present to value the contribution of wind power as a leading technology to combat … Continue reading COP 27. Wind power as technology and AEE in Sharm el Sheikh
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Accelerating the energy transition at the Climate Summit in Egypt, COP27
The company, which has participated in every COP since 2015, has invested 120 billion euros over 20 years in its commitment to clean energy. Iberdrola is organising 30 events at COP27 and will participate in the main climate ambition and decarbonisation events. It will hold meetings with climate leaders as a leading company in the … Continue reading Accelerating the energy transition at the Climate Summit in Egypt, COP27
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European electricity market prices fell in October, influenced by gas
Prices in European electricity markets fell considerably during October due to falling gas prices. In some electricity markets, the monthly average price ended up being even lower than in the same month of the previous year. Italy’s IPEX market registered its lowest daily price since the beginning of August 2021 to date. European electricity markets … Continue reading European electricity market prices fell in October, influenced by gas
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