Statkraft, Europe’s largest producer of renewable energy, has signed a binding Heads of Terms with FREYR Battery, a developer of clean, next-generation battery cell production capacity, The Heads of Terms is expected to be finalized as a long-term physical supply agreement, with the ambition to secure a long-term supply of renewable power under globally competitive … Continue reading Statkraft and FREYR Battery Sign Agreement, Securing Long-Term Supply of Renewable Energy
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The demand that has a term coverage will be exempt from paying the adjustment of gas prices
The long?awaited Royal Decree?law with the mechanism to limit gas prices in the electricity market was finally published. This article summarises the most outstanding aspects of the RDL. Last Saturday, May 14, Royal Decree?law 10/2022, of May 13, was published, which temporarily establishes a mechanism for adjusting production costs to reduce the electricity price in … Continue reading The demand that has a term coverage will be exempt from paying the adjustment of gas prices
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TSOs, HVDC technology suppliers and the wind industry join forces to build the DC grid of the future
On Monday 2 May transmission system operators, technology providers and the wind industry came together to formally launch the READY4DC project. READY4DC will create a community of experts to work out recommendations on how to plan and build an interoperable and expandable direct current grid in Europe. The project is supported by the European Union’s … Continue reading TSOs, HVDC technology suppliers and the wind industry join forces to build the DC grid of the future
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30+ Organizations Urge Congress to Support Robust Transmission Funding in FY 2023 Budget
A diverse coalition of more than 30 clean energy organizations, environmental nonprofits, labor unions, consumer groups, developers and other companies sent a joint letter to Congress today urging robust funding for high-voltage transmission deployment and research in the Department of Energy’s FY 2023 budget. In the letter, the organizations stated their support for the critical … Continue reading 30+ Organizations Urge Congress to Support Robust Transmission Funding in FY 2023 Budget
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Iberdrola announces the purchase of Wallbox’s first superfast chargers
Iberdrola reaffirms its commitment to promoting innovation in sustainable mobility by becoming the first company to acquire the ‘Hypernova’ super-fast public chargers developed by Wallbox, the European leader in charging solutions for electric vehicles. The electricity company will acquire the first units as part of an agreement for the purchase of 10,000 chargers. The Chairman … Continue reading Iberdrola announces the purchase of Wallbox’s first superfast chargers
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ACP applauds FERC proposed transmission reform
Today, the Federal Energy Regulatory Commission announced a Proposed Rule, which, if finalized, would significantly reform regional transmission planning and cost allocation. The clean energy industry is developing thousands of megawatts of clean energy resources – but many projects are stymied by a lack of transmission capacity. FERC’s proposed rule has the potential to accelerate … Continue reading ACP applauds FERC proposed transmission reform
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Iberdrola’s Hub in Bilbao consolidates its position as the world centre for innovation in smart grids
Iberdrola invested more than 337 million euros in R&D&I in 2021, 15% more than the previous year, and part of the resources were allocated to projects related to smart grids. Six months after its inauguration, Iberdrola’s Global Smart Grids Innovation Hub (GSGIH) in Bilbao is consolidating its position as the world centre for innovation in … Continue reading Iberdrola’s Hub in Bilbao consolidates its position as the world centre for innovation in smart grids
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Photovoltaic broke records and together with wind energy lowered European electricity markets prices
In the first week of April, the photovoltaic energy broke records in the Spanish, French and Italian markets. This technology and the wind energy contributed to lower the prices of most European electricity markets. Negative values or the lowest in recent months were registered in several of them. Gas prices fell, also favouring the drop … Continue reading Photovoltaic broke records and together with wind energy lowered European electricity markets prices
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HBKU and Iberdrola Innovation ME Collaborate on Smart Grid Security
Con el objetivo de avanzar en la innovación de alto impacto en la energía sostenible, la Universidad Hamad Bin Khalifa (HBKU) colaborará con Iberdrola Innovation ME en la investigación y el desarrollo en el área de la ciberseguridad para la red inteligente. En virtud de un nuevo acuerdo de colaboración, HBKU e Iberdrola Innovation ME … Continue reading HBKU and Iberdrola Innovation ME Collaborate on Smart Grid Security
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The first quarter of the year registered the highest prices in history in the European energy markets
During the first quarter of 2022, European energy markets were influenced by the effects of the Russian invasion of Ukraine. Record gas prices were registered that caused hourly, daily, monthly and quarterly historical maximums in several electricity markets. Brent futures registered the highest prices since July 2008 and CO2 futures increased in the whole of … Continue reading The first quarter of the year registered the highest prices in history in the European energy markets
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Without grid improvements, Europe will fall short of its wind power and climate targets
Electrification is the most cost-effective way to decarbonise Europe’s economy. Direct and indirect electrification will make up 75% of Europe’s energy demand by 2050. The European Commission wants wind to be half of the EU’s electricity by then. However, this can only happen if power grids are optimised and expanded in a timely manner. Hitachi … Continue reading Without grid improvements, Europe will fall short of its wind power and climate targets
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Wind power generated 28.5% in March and combined cycle gas 17.3% in Spain
The demand for electricity in Spain fell by 1.5% in March. Wind energy was the main generation technology with more than 28% in the national territory.45.4% of the national generation this month was renewable and 67% was free of CO2 equivalent emissions. The demand for electricity increased by 7.6% in the Balearic Islands and 12.3% … Continue reading Wind power generated 28.5% in March and combined cycle gas 17.3% in Spain
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Iberdrola gets the green light on the UK’s undersea energy ‘mega highway’
According to Ofgem, the construction of the infrastructure will clearly benefit British consumers as it will enable the deployment of offshore wind energy in the North Sea. The UK electricity market regulator Ofgem has granted the consortium formed by Iberdrola, through its subsidiary ScottishPower Energy Networks and National Grid Electricity Transmission (NGET), provisional approval to … Continue reading Iberdrola gets the green light on the UK’s undersea energy ‘mega highway’
Continue readingPhotovoltaic and solar thermal energy production and wind energy production in europe
In the third week of March, gas prices fell, dragging European electricity markets prices, which moved away from the highs registered in the second week of the month. Even so, the weekly average exceeded €200/MWh in most markets. During the weekend, when the demand is lower, negative prices were reached in some markets due to … Continue reading Photovoltaic and solar thermal energy production and wind energy production in europe
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More than 40 percent less emissions through light electric vehicles
Light Electric Vehicles (LEVs) have great potential to significantly reduce greenhouse gas emissions from the transport sector and thus contribute to climate protection. Half of the kilometres currently driven by car in Germany could theoretically be covered by LEVs. This would reduce greenhouse gas emissions by more than 40 percent compared to car trips. That … Continue reading More than 40 percent less emissions through light electric vehicles
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Vattenfall enables fossil-free parcel delivery for Instabox
Vattenfall and the delivery company Instabox have started an international collaboration to provide charging infrastructure for Instabox’s electric vehicle fleet. By the end of 2022, Vattenfall will operate approximately 400 charge points on Instabox’s terminals in Sweden, Denmark and the Netherlands. Instabox is an international last-mile delivery company that delivers packages for a large number … Continue reading Vattenfall enables fossil-free parcel delivery for Instabox
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GE-BOND consortium awarded landmark contract to build high-voltage electrical systems for Empire Offshore Wind 1 in New York
GE Renewable Energy’s Grid Solutions and BOND Civil & Utility Construction awarded contract for on- and offshore high voltage equipment, including an onshore substation that will connect the 816-MW wind power project, integrating renewable energy to the New York Power Grid This project supports the energy transition goals in NY and the U.S. overall The … Continue reading GE-BOND consortium awarded landmark contract to build high-voltage electrical systems for Empire Offshore Wind 1 in New York
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Vattenfall opens Energypark Haringvliet – a combination of wind, solar and batteries
Energypark Haringvliet in Netherlands is inaugurated today. It is Vattenfall’s first power plant that combines wind, solar and batteries. By combining these technologies, it will be able to produce energy at a lower cost, make a more efficient use of available grid capacity, with less impact on the environment. Therefore, Haringvliet will serve as a … Continue reading Vattenfall opens Energypark Haringvliet – a combination of wind, solar and batteries
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One of every four MW installed in Spain is from wind power generation
Spain continues to take firm steps in its energy transition process. Proof of this is the data that emerges from 2021, the year in which renewable energies have once again improved their marks, especially in the case of solar photovoltaics. In this way, over the past year the installed capacity of this technology has increased … Continue reading One of every four MW installed in Spain is from wind power generation
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Wind energy based electrification and sufficient charging points are key to zero-emission transport
On Friday 18 March WindEurope contributed to a high-level roundtable organised by ACEA, the European Vehicle Manufacturers Association, along with major vehicle manufacturers and industry associations. In a joint declaration, WindEurope and other key associations called on European policymakers to implement the right policies to back the transition towards zero-emission transport. To reach zero-emission transport, … Continue reading Wind energy based electrification and sufficient charging points are key to zero-emission transport
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