In 2024, the main European electricity markets reached the lowest yearly prices since 2021, in most cases below €80/MWh. Gas prices were also the lowest since 2021, which contributed to the declines in electricity market prices, along with lower CO2 prices. Solar photovoltaic energy reached historical production records in all markets and wind energy in … Continue reading In 2024 European electricity markets reached their lowest prices since 2021 thanks to renewable energy and falling gas prices
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Spain approved 4 photovoltaic, hybridisation and storage projects for 404 MW in the fourth week of December
The Official State Gazette for the fourth week of December contains announcements for 4 photovoltaic projects for 404 MW, including 50.9 MW / 240.35 MWh of storage. Application for recognition, specifically, of public utility of the «Las Coronas» 50.1 MW photovoltaic solar installation, and its evacuation infrastructure, in the municipalities of Bercero, Marzales and Vega … Continue reading Spain approved 4 photovoltaic, hybridisation and storage projects for 404 MW in the fourth week of December
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During the month of December, renewables generated 47.6%, with wind energy being the leading technology in the mix in Spain
Demand for electricity in Spain increased by 1.5% in December. During this month of December, renewables generated 47.6%, with wind power being the leading technology in the national mix. In 2024, renewables will reach a share of 55.8% of the total Spanish mix, as Red Eléctrica anticipated in its year-end estimates, with photovoltaics reaching 16.7% … Continue reading During the month of December, renewables generated 47.6%, with wind energy being the leading technology in the mix in Spain
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Photovoltaic energy connected to Endesa’s distribution network exceeds 30 GW, enough to supply almost 20 million homes
The capacity of the connections of small and medium-scale photovoltaic energy producers and self-consumption in the e-distribución network, Endesa’s network subsidiary, has increased by 53% since 2020.The power of self-consumption facilities reaches 3.9 GW, while that of producer facilities exceeds 26.8 GW.As of November, 3.8 GW of new capacity has been connected to the network, … Continue reading Photovoltaic energy connected to Endesa’s distribution network exceeds 30 GW, enough to supply almost 20 million homes
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European electricity market prices rose over Christmas week as wind power fell and gas rose
In the fourth week of December, prices in most major European electricity markets rose, exceeding €100/MWh on a weekly average. These rises were driven by lower wind production in most markets, together with higher gas and CO2 prices, despite reduced demand due to the Christmas holidays and an increase in solar photovoltaic generation compared to … Continue reading European electricity market prices rose over Christmas week as wind power fell and gas rose
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Spain has 29 projects from the EU Innovation Fund, with more than 1,286 million in aid
Spain has a total of 29 projects awarded under the EU Innovation Fund, linked to a volume of aid of 1,286 million euros, making it the country with the most beneficiary projects. The projects, widely distributed geographically, will be developed in very diverse sectors, such as the manufacture of photovoltaic modules and wind turbines, the … Continue reading Spain has 29 projects from the EU Innovation Fund, with more than 1,286 million in aid
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Vestas secures 99 MW order for wind power repowering at Molar de Molinar and Isabela wind farms in Castilla-La Mancha, Spain
Iberdrola has placed a 99 MW order for the repowering of the Molar de Molinar and Isabela wind farms, located in Castilla-La Mancha, Spain. The contracts include the supply and installation of 11 V150-4.5 MW wind turbines and 11 V136-4.5 MW wind turbines respectively, as well as a 10-year Active Output Management (AOM 4000) service … Continue reading Vestas secures 99 MW order for wind power repowering at Molar de Molinar and Isabela wind farms in Castilla-La Mancha, Spain
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Masdar expands photovoltaic and wind power portfolio in Europe
Masdar has acquired Saeta Yield and partnered with Endesa S.A. in Spain. UAE’s clean energy leader has acquired Saeta, an established renewables platform with an operating portfolio of 745MW of predominantly wind assets, and a 1.6GW development pipeline in Spain and Portugal, for an enterprise value of €1.2 billion.Masdar is also partnering with Endesa in … Continue reading Masdar expands photovoltaic and wind power portfolio in Europe
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The new capacity market, key to battery deployment in Spain
The new capacity market aims to guarantee the security of electricity supply and promote the development of key technologies such as batteries. This market provides a stable source of revenue for energy storage projects, essential for the transition to a more renewable and flexible system. The capacity market is emerging as an essential tool to … Continue reading The new capacity market, key to battery deployment in Spain
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Wind energy takes center stage in the second-to-last week of 2024 and, together with lower demand, drives down electricity market prices across Europe
In the penultimate week of 2024, prices in the main European electricity markets fell, after several weeks of increases. This fall was favored by increased wind energy production and lower electricity demand, associated with cooler temperatures. In addition, solar photovoltaic energy production increased in several markets, and again broke records for a December day in … Continue reading Wind energy takes center stage in the second-to-last week of 2024 and, together with lower demand, drives down electricity market prices across Europe
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The new capacity market, key to battery deployment in Spain
The new capacity market aims to guarantee the security of electricity supply and promote the development of key technologies such as batteries. This market provides a stable source of revenue for energy storage projects, essential for the transition to a more renewable and flexible system. The capacity market is emerging as an essential tool to … Continue reading The new capacity market, key to battery deployment in Spain
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SolarPower Europe warns that the EU photovoltaic (PV) market will grow by only 4% per year by 2024
A new report from SolarPower Europe warns that 2024 brings only 4% annual growth to the EU photovoltaic market. This represents a 92% growth slowdown. The EU installed 66 GW of photovoltaic in 2024, inching past 2023’s record of 63 GW.2024 also marks the first year where annual investment in photovoltaic installations in the EU … Continue reading SolarPower Europe warns that the EU photovoltaic (PV) market will grow by only 4% per year by 2024
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One year since the European Wind Charter: lots achieved, lots more to do
Today marks the first anniversary of the EU Wind Charter. The Charter committed 26 EU Governments, the EU Commission, and the European wind industry to implement the 15 measures set out in the European Wind Power Package to strengthen Europe’s wind industry. In her 2023 State of the European Union speech, Ursula von der Leyen … Continue reading One year since the European Wind Charter: lots achieved, lots more to do
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Renewable energies generate 56% of the Spanish electricity mix in 2024
Their production rises by almost 11% in a record year, twice over: it records the highest renewable production and its highest share since records began. Solar photovoltaics overtakes the combined cycle and is in third place in the mix for the first time in a year once again led by wind power, with 23%. Forecasts … Continue reading Renewable energies generate 56% of the Spanish electricity mix in 2024
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Spain increases greenhouse gas emissions by 1%
Greenhouse gas emissions rose by 1% in Spain this year compared to 2023 and were at the third lowest point in the historical series, which begins in 1990. This is set out in a report prepared by the Sustainability Observatory (OS) and prepared by the economist and climate change expert José Santamarta, as lead author, … Continue reading Spain increases greenhouse gas emissions by 1%
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Acciona Energía installs a battery storage system at the Extremadura I-II-III Photovoltaic Plant
ACCIONA Energía has started the installation of a battery energy storage system (BESS) using recycled batteries from electric vehicles at its Extremadura I-II-III photovoltaic plant in Almendralejo (Badajoz). The plant was built to support a Power Purchase Agreement with the global pharmaceutical group Novartis AG. The facility features two containers with a combined capacity of … Continue reading Acciona Energía installs a battery storage system at the Extremadura I-II-III Photovoltaic Plant
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Wind power alerts about the insufficient pace of installation to meet 2030 objectives in Spain
The Wind Energy Association (AEE) presents once again the results of the Macroeconomic Study of the Impact of the Wind Sector in Spain, prepared in collaboration with Deloitte. This report underlines the key role of wind energy as an economic driver and highlights the indicators that characterise wind power as a backbone technology for the … Continue reading Wind power alerts about the insufficient pace of installation to meet 2030 objectives in Spain
Continue readingPhotovoltaic and wind energy in the first week of December
December starts with the highest prices of the year for TTF gas and some European electricity markets. In the first week of December, weekly prices in most major European electricity markets continued to exceed €100/MWh. During weekdays, prices were higher than in the previous week, with France, Italy and Belgium reaching their highest values of … Continue reading Photovoltaic and wind energy in the first week of December
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Law in approval endangers the future development of wind power and hydroelectric in Galicia
The associations signing this statement express our disagreement with the measures proposed by the Xunta de Galicia, as they immediately affect the regional renewable sector and in the medium term the entire electricity sector. Measures such as those proposed will inevitably result in an increase in uncertainty and litigation in the sector and, ultimately, a … Continue reading Law in approval endangers the future development of wind power and hydroelectric in Galicia
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Spain announces 8 photovoltaic and hybrid projects for 1.32 GW and 200 MW of storage in the second week of December
The Official State Gazette for the second week of December contains announcements corresponding to 8 photovoltaic and hybrid projects for 1.32 GW, including 361.4 MW from Prodiel. Prior administrative authorisation for modifications and construction for the 361.4 MW Los Pradillos photovoltaic installation and its evacuation infrastructure, in the municipalities of Carranque, Ugena, Illescas, Yuncos, Numancia … Continue reading Spain announces 8 photovoltaic and hybrid projects for 1.32 GW and 200 MW of storage in the second week of December
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