Category Archives: System Operator

Solar photovoltaic and wind energy in the fifth week of 2024

In the week of January 29, average prices in most major European electricity markets were similar to the previous week. Solar energy production continued to increase in most markets as the days got longer, while wind energy production was generally lower than the previous week. Demand decreased in almost all markets. CO2 futures continued to … Continue reading Solar photovoltaic and wind energy in the fifth week of 2024

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European photovoltaic (PV) generation to rise 50 TWh in 2024

European photovoltaic (PV) generation in Europe will increase by about 50 TWh in 2024, more than any other generation source, after the record 60 GW DC of photovoltaic (PV) installations in 2023, Rystad Energy said on Monday. The PV expansion is led by Germany, which last year added 14 GW DC, including 6.5 GW DC … Continue reading European photovoltaic (PV) generation to rise 50 TWh in 2024

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A clear and ambitious EU 2040 climate goal will avoid a ‘too little too late’ scenario

At present, the EU does not have a climate target for 2040, in contrast to many member states and European companies, like Vattenfall. A clear and ambitious EU 2040 climate target will support member states and businesses, by providing confidence to invest. The European Commission will publish their recommendations for a 2040 climate target tomorrow.  … Continue reading A clear and ambitious EU 2040 climate goal will avoid a ‘too little too late’ scenario

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ENGIE Chile announces new storage project at solar photovoltaic (PV) plant in Antofagasta

This is “BESS Capricornio”, an initiative that will be located at the Capricornio Solar PV Plant in Antofagasta, also owned by the company. Thanks to its storage capacity of 264 MWh, equivalent to 48 MW of installed capacity, it will avoid emitting 25,833 tons of CO2 per year.ENGIE is developing an ambitious transformation plan to … Continue reading ENGIE Chile announces new storage project at solar photovoltaic (PV) plant in Antofagasta

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Photovoltaic, wind power capacity in China surpassing coal

Taken together, wind and solar power in China are set to overtake coal plants this year. In 2023, the country added 217 GW in photovoltaics in 2023, more than the rest of the world combined. The United States, the second-biggest market, hosted only 175 GW at the turn of the year. In its annual report, … Continue reading Photovoltaic, wind power capacity in China surpassing coal

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Renewables generated 52.1%, with wind power being the first source of generation in Spain and photovoltaic 7%.

The demand for electrical energy in Spain increases 1.1% in January. Renewables generated 52.1%, up to 12,202 GWh of electricity, with wind power being the first source of generation in Spain for the fourth consecutive month with 24.6% of all electricity production for the monthFor their part, technologies free of CO2 equivalent emissions represented 75.3% … Continue reading Renewables generated 52.1%, with wind power being the first source of generation in Spain and photovoltaic 7%.

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Investments in wind power and photovoltaic energy increase by 17% and reach $1.8 trillion in 2023

Inputs break records, but are still insufficient for the world to achieve the goals stipulated in the Paris AgreementGlobal investments in renewable energy increased by 17% and totaled around $1.8 trillion in 2023, according to a BloombergNEF report. This figure represents a new record level of annual investment in the energy transition, even in a … Continue reading Investments in wind power and photovoltaic energy increase by 17% and reach $1.8 trillion in 2023

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Solar photovoltaic (PV) and wind energy in the fourth week of January

European electricity market prices continued to fall due to less cold temperatures. In the fourth week of January, European electricity market prices continued the downward trend that started in the previous week. Less cold temperatures drove down demand while gas and CO2 prices continued to fall. The exception was the Iberian market, where the decline … Continue reading Solar photovoltaic (PV) and wind energy in the fourth week of January

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EDP Renewables expands its presence in wind, photovoltaics and storage in Australia

EDP Renewables (EDPR), a global leader in renewable energy, has expanded its Asia Pacific presence into Australia to tap into the country’s substantial growth prospects in renewable energy. To fully enact its strategy and commitment to the market, the company has acquired the local renewables company ITP Development (ITPD). As an integral addition to EDPR, … Continue reading EDP Renewables expands its presence in wind, photovoltaics and storage in Australia

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Installed solar power photovoltaic (PV) capacity in China increased by 216 gigawatts (GW), up 55.2% in 2023

China’s installed solar photovoltaic (PV) generation capacity rose 55.2% in 2023, data released by the National Energy Agency showed on Friday.The country built more than 216 gigawatts (GW) of solar energy photovoltaic (PV) in 2023, underscoring the scale and pace of China’s solar photovoltaic (PV) development.China’s total power generation capacity grew by 13.9% throughout 2023 … Continue reading Installed solar power photovoltaic (PV) capacity in China increased by 216 gigawatts (GW), up 55.2% in 2023

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Unprecedented renewables growth keeps 2030 tripling dream alive – IEA’s Heymi Bahar

The world added 50% more renewable capacity in 2023 than in 2022, with the next five years set to see the fastest growth yet. China and solar photovoltaic (PV) were the stars of the show. Energy Monitor interviews Heymi Bahar, co-author of the IEA’s Renewables 2023 report. Renewable energy around the world is expanding faster … Continue reading Unprecedented renewables growth keeps 2030 tripling dream alive – IEA’s Heymi Bahar

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The economics of wind and photovoltaics (PV) demand massive investments in integration now

The expansion of renewable energy and electrification is growing rapidly in many parts of the world as momentum behind the global energy transition gathers pace. While the renewable energy technologies driving this change are well-known and, in many cases, cost competitive with fossil fuels, the fundamental infrastructure required for their deployment is lagging. Insufficient grid … Continue reading The economics of wind and photovoltaics (PV) demand massive investments in integration now

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Key things to watch in electric vehicle (EV) & battery supply chain for 2024

As electric vehicle (EV) sales around the world continue to grow, China’s dominance in the market has sparked a global debate. “With two-thirds of China’s power batteries produced in 2023 being iron-based, Chinese cell producers have capitalised on their expertise in low-cost chemistry,” said Max Reid, principal analyst, electric vehicles & battery supply chain service … Continue reading Key things to watch in electric vehicle (EV) & battery supply chain for 2024

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Clean sources of generation are set to cover all of the world’s additional electricity demand over the next three years

Global electricity demand is expected to grow at a faster rate over the next three years as the clean energy transition gathers speed, with all the additional demand forecast to be covered by technologies that produce low-emissions electricity, according to a new report from the IEA.  Electricity 2024 is the latest edition of the IEA’s … Continue reading Clean sources of generation are set to cover all of the world’s additional electricity demand over the next three years

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Iberdrola will install storage batteries at the Andévalo photovoltaic plant

Iberdrola will install a new Battery Energy Storage System (SAEB) with a power of 25 MW and a capacity of 50 MWh in the Andévalo photovoltaic plant, the first built with the UNEF Certificate of Excellence. It is an innovative solution for the storage and integration of renewable energies in the system. The initiative will … Continue reading Iberdrola will install storage batteries at the Andévalo photovoltaic plant

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Equinor’s first commercial battery storage asset begins operations

en| no Equinor’s first commercial battery storage asset begins operations 22 January 202408:00(CET) The Blandford Road battery storage asset in the UK has come into operation. The operational phase marks an important milestone in Equinor’s ambition of delivering flexible power solutions in the country. The 25 MW/ 50 MWh Blandford Road battery storage asset is … Continue reading Equinor’s first commercial battery storage asset begins operations

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ACP Launches New Event Focused on Energy Storage Sector

The American Clean Power Association (ACP) today announced the official launch of its new annual Energy Storage Summit — ACP RECHARGE. The summit will connect the nation’s leading storage manufacturers, renewable developers, policy makers, and thought leaders for discussions on technological advances, market conditions, and the policy frameworks required to sustain rapid growth in this … Continue reading ACP Launches New Event Focused on Energy Storage Sector

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China surpasses the European Union in research related to wind and solar energy

China has overtaken the European Union in research related to renewable energy technologies such as wind turbines and photovoltaics, according to a study by the EU, creating a challenge for its green technology ambitions.China led the number of peer-reviewed publications in areas such as solar and wind energy, as well as lithium batteries, heat pumps … Continue reading China surpasses the European Union in research related to wind and solar energy

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Head of International Energy Agency considers China world champion in wind power and photovoltaic

China has emerged as a world champion in green energy, achieving a remarkable surge in renewable capacity and playing a pivotal role in global energy cooperation, said Fatih Birol, executive director of the International Energy Agency (IEA).  Global renewable energy capacity grew by 50 percent in 2023 to almost 510 gigawatts (GW), and is expected … Continue reading Head of International Energy Agency considers China world champion in wind power and photovoltaic

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Masdar in talks to build 1GW photovoltaic solar power plant in Iraq

Masdar is planning to build a photovoltaic solar power plant in Iraq with an output capacity of 1,000 megawatts (MW) in the first phase. Officials from the UAE company discussed the project with Iraqi Electricity Minister Ali Fadil in Baghdad on Thursday, the Iraqi News Agency said on Friday. It quoted Fadil as saying after … Continue reading Masdar in talks to build 1GW photovoltaic solar power plant in Iraq

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