The demand for electricity in Spain fell by 3.5% in September. Wind power generated 20.8% until September, Concentrated Solar Power 1.8% and photovoltaic 11%.This decrease is observed once the effects of labor and temperatures during that month have been corrected.37.2% of electricity production in September in Spain was renewable and 58.2% did not emit CO2 … Continue reading Wind power generated 20.8% of electricity in Spain until September
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Agreement on coal phase-out 2030 and strengthening security of supply in the energy crisis
Earlier coal phase-out contributes significantly to achieving German climate protection goals. Neurath D and E power plant units to remain temporarily on the grid to strengthen security of supply and displace gas from electricity generation. Necessary staff reductions to be implemented in a socially responsible way. RWE is ready to end lignite-based electricity generation in … Continue reading Agreement on coal phase-out 2030 and strengthening security of supply in the energy crisis
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Significant increase in solar energy production in the third quarter in European markets compared to 2021
In the third quarter of 2022, the solar energy production increased in all analysed European markets compared to the same quarter of 2021. The largest increase, of 42%, was reached in the markets of France and Portugal. The increase in installed photovoltaic capacity in this period reached 28% in Spain and 46% in Portugal. In … Continue reading Significant increase in solar energy production in the third quarter in European markets compared to 2021
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Women Entrepreneurs Invited to Be in the Vanguard of Africa’s Energy Transition
Jane Jamila Nakasamu is on a mission to bring clean energy solutions to the rural communities in Zambia. The 26-year-old has been working tirelessly in promoting bioenergy as an alternative to charcoal and firewood in lower-income families, to increase access to clean cooking. “We work closely with women in these communities to enable a mindset … Continue reading Women Entrepreneurs Invited to Be in the Vanguard of Africa’s Energy Transition
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Pumps and batteries: two solutions to ensure continuity for renewables
The European Commission set a series of ambitious targets for 2030 for its member states, and Italy is also called upon to make a push towards the energy transition in line with the United Nations’ Sustainable Development Goals. None of this can happen without developing several key technologies – especially battery energy storage systems (or … Continue reading Pumps and batteries: two solutions to ensure continuity for renewables
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Equinor confirms the construction of its first commercial battery storage asset
Equinor approves final investment decision on the Blandford Road battery storage project in the south of the UK. This will be the first commercial battery storage asset for Equinor, and the first project realized from the strategic partnership between Equinor and Noriker Power. “Equinor aims to create a profitable renewables business by integrating battery storage … Continue reading Equinor confirms the construction of its first commercial battery storage asset
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RWE agrees to acquire Con Edison Clean Energy Businesses, Inc. and to become one of the top leading renewable energy companies in the United States
RWE AG, one of the world’s leading renewable energy companies, signed a purchase agreement with Con Edison, Inc. to acquire all shares in Con Edison Clean Energy Businesses, Inc. (Con Edison CEB). Headquartered in Valhalla, New York, Con Edison CEB is a leading operator and developer of renewable energy plants in the United States, with … Continue reading RWE agrees to acquire Con Edison Clean Energy Businesses, Inc. and to become one of the top leading renewable energy companies in the United States
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Danish authorities order Ørsted’s oil- and coal-fired power stations into operation
In order to ensure the security of the electricity supply in Denmark, the Danish authorities have decided to order Ørsted to continue and resume operations of three of its power station units which use oil and coal as fuel. This applies to unit 3 at Esbjerg Power Station and unit 4 at Studstrup Power Station, … Continue reading Danish authorities order Ørsted’s oil- and coal-fired power stations into operation
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Spanish Minister for Industry, Trade and Tourism, Reyes Maroto, officially opens Naturgy’s first battery storage centre worldwide in Australia
Reyes Maroto: “This facility is a demonstration of the potential that Spanish companies have around the globe and their capacity to develop projects that lead the way in sectors like energy and renewables”. Located near Canberra, the 10 MW facility has a storage capacity of 20 MWh, which will enable flexible integration of renewable energies … Continue reading Spanish Minister for Industry, Trade and Tourism, Reyes Maroto, officially opens Naturgy’s first battery storage centre worldwide in Australia
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Big renewables investors getting ready to turn their backs on Europe
EU Energy Ministers will decide today new rules on revenue caps for inframarginal power generation. Governments need to act to help families and businesses pay the energy bills. But what is decided today could worsen the energy crisis. Europe needs big investments in home-grown renewables. Everyone agrees that – and that it’s the route out … Continue reading Big renewables investors getting ready to turn their backs on Europe
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Renewable energies and gas prices continue to push electricity markets prices down
In the fourth week of September and the first days of the last week of the month, most European electricity markets continued the trend of price decreases registered during the month. The recovery of the renewable energy production joined the drops in gas prices, one of the fundamental causes of these declines. In the Iberian … Continue reading Renewable energies and gas prices continue to push electricity markets prices down
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In the January-August period, the installed capacity of wind power in China increased 16.6%
China’s installed capacity of renewable energy notched up rapid growth in the first eight months of the year amid the country’s pursuit of green development. In the January-August period, the installed capacity of wind power increased 16.6 percent year on year to around 340 million kilowatts, while the installed capacity of solar power generation came … Continue reading In the January-August period, the installed capacity of wind power in China increased 16.6%
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Investments in Egypt’s solar and wind energy approach $3.5 bln to produce 3570 megawatts
Minister of Electricity and Renewable Energy, Dr. Mohamed Shaker, affirmed that Egypt seeks to be a corridor for the transit of clean energy that the African continent enjoys. “Egypt is keen to support the efforts of African countries to access clean energy from renewable sources,” he stated, explaining that there is a plan to localize … Continue reading Investments in Egypt’s solar and wind energy approach $3.5 bln to produce 3570 megawatts
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Mass electrification only possible with heavy investment
Energy industry leaders see an urgent need for greater investment in power grids to better connect regions, secure reliable distribution of resources and meet climate targets. Three quarters (76%) of the 400 senior energy professionals contacted in 75 countries say existing grid infrastructure can’t adequately connect renewable energy sources to areas of high demand. 87% … Continue reading Mass electrification only possible with heavy investment
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Wind energy industry warns: actions not words needed to address energy security and climate crises ahead of COP27
More than 100 leading wind energy companies call on Paris Signatories to streamline planning and permitting, upgrade grid infrastructure and evolve power markets to accelerate renewable energy deployment. A global coalition of 108 leading wind energy companies and associations, representing 81% of installed wind energy worldwide, has challenged governments to take dramatic action to scale … Continue reading Wind energy industry warns: actions not words needed to address energy security and climate crises ahead of COP27
Continue readingPhotovoltaic, concentrated solar power and wind energy in European electricity markets
European electricity markets prices continued to fall thanks to wind energy and lower gas prices. In the third week of September, European electricity markets prices fell in a generalised way, continuing the trend of the two previous weeks. The drop in gas prices was once again one of the causes of these declines, to which … Continue reading Photovoltaic, concentrated solar power and wind energy in European electricity markets
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The renewable energy auction of electro?intensive consumers is scheduled for the first quarter of 2023
The situation of electro?intensive consumers in the midst of the energy crisis is very delicate. Given the lack of offers at sufficiently competitive prices, the electro?intensive industry is preparing its own PPA auction for renewable energy projects to cover part of its electricity demand for the next twelve years. On September 15, the 25th edition … Continue reading The renewable energy auction of electro?intensive consumers is scheduled for the first quarter of 2023
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Report identifies the likely winners and losers in green energy’s ‘Age of Inflation’
European renewable energy asset holders and investors must rapidly re-evaluate their strategies and business models, faced with inflationary and supply chain pressures, alongside ongoing regulatory uncertainty driven by the energy crisis. This is according to digital investment platform, RealPort, whose special report Winning in Green Energy’s Age of Inflation, launched today, outlines the attributes that … Continue reading Report identifies the likely winners and losers in green energy’s ‘Age of Inflation’
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Concentrated Solar Power, photovoltaic and wind energy in european electricity markets?
Second consecutive week of decreases in gas, CO2 and European electricity markets prices. In the second week of September, European electricity markets prices fell in a generalised way, a trend that started the previous week. Declines were also registered in most European electricity futures markets. This behaviour was favoured by the decrease in gas and … Continue reading Concentrated Solar Power, photovoltaic and wind energy in european electricity markets?
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ASEAN Can Cover Two-Thirds of Energy Demand with Renewables
Southeast Asian countries can meet their growing energy demand with renewables and cut 75% of their energy-related CO2 emissions by 2050, half of the emissions compared to today. Released by the International Renewable Energy Agency (IRENA) during the ASEAN Energy Ministerial, the 2nd edition of the Renewable Energy Outlook for ASEAN: Towards a regional energy … Continue reading ASEAN Can Cover Two-Thirds of Energy Demand with Renewables
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