Prices of all European electricity markets rose significantly in the first week of March, a behaviour that continued at the beginning of the second week of the month, when records were registered in most markets. Behind these rises is the increase in gas prices, which are reaching record highs after the start of the Russian … Continue reading Price records in European energy markets after the Russian invasion of Ukraine
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The need to put the focus on renewable energies and green hydrogen to create a future without energy dependence
Energy markets prices rose even more since the Russian invasion of Ukraine began, putting consumers, especially electro?intensive consumers, and the economy in general in a more critical situation. This highlights the importance of Spain and the European Union achieving the energy independence. The long?term solution lies in renewable energy and green hydrogen, so it is … Continue reading The need to put the focus on renewable energies and green hydrogen to create a future without energy dependence
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Vattenfall to test wireless charging technology for taxis
The Vattenfall automated charging and payment solution, InCharge, is part of a test that will make payment effortless while the electrical car is being charged wirelessly. The test includes a number of fully electric Volvo XC40 Recharge taxis, and will run over a period of three years in Gothenburg, Sweden. Vattenfall, in collaboration with Volvo … Continue reading Vattenfall to test wireless charging technology for taxis
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Photovoltaic and solar thermal and wind energy production in European electricity markets
In the week of February 14, European electricity markets prices fell, something that happened for the third consecutive week, and they were below €200/MWh. Some markets registered hourly or daily values that are among the lowest of the year. Electricity futures prices also fell mostly. The decreases were favoured by the decrease in demand and … Continue reading Photovoltaic and solar thermal and wind energy production in European electricity markets
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IRENA and China State Grid Pave Wave Towards Smart Electrification
Future power grids will be very different from the current ones and will require smart electrification solutions as renewable energy is growing faster than ever,” said IRENA Director-General Francesco La Camera, at a joint workshop by IRENA and the State Grid Corporation of China (SGCC), the world’s largest grid operator and corporation. The virtual workshop … Continue reading IRENA and China State Grid Pave Wave Towards Smart Electrification
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Iberdrola inaugurates the largest ultra-fast charging hub for electric vehicles in southern Europe
The company, in partnership with Porsche, plans to boost electric mobility by setting up 35 ultra-fast charging stations, which will enable Iberdrola to expand its charging network, the most powerful in Spain. Iberdrola has inaugurated the largest ultra-fast charging hub for electric vehicles that currently exists in southern Europe. Located in a strategic location on … Continue reading Iberdrola inaugurates the largest ultra-fast charging hub for electric vehicles in southern Europe
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Clean Energy Trade Associations Urge FERC to Act on Near-term Interconnection Improvements
Today, the American Clean Power Association (ACP), Advanced Energy Economy (AEE), and the Solar Energy Industries Association (SEIA) filed supplemental comments with the Federal Energy Regulatory Commission (FERC) to emphasize the need and opportunity for near-term interconnection improvements. These joint comments highlight areas of agreement from leading clean energy companies that would allow timely and … Continue reading Clean Energy Trade Associations Urge FERC to Act on Near-term Interconnection Improvements
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Renewable energy and gas prices favour lower prices in the first week of February
The prices of almost all European electricity markets fell during the first week of February, favoured by the decrease in gas prices, lower demand and an increase in wind and solar energy production. Even so, the weekly averages were above €160/MWh in most markets. CO2 prices registered a new historical high, standing above €96/t and … Continue reading Renewable energy and gas prices favour lower prices in the first week of February
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UK in a first awards offshore wind power a contract to help stabilise grid
Britain’s National Grid ESO has for the first time awarded a contract to an offshore wind farm to help keep voltage levels in the power network stable, it said on Monday. The transmission assets of the Dogger Bank C offshore wind farm will provide 200 megavolt amperes of reactive power (MVAr), which is used to … Continue reading UK in a first awards offshore wind power a contract to help stabilise grid
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GE Renewable Energy opens new Renewable Hybrids factory in India
GE Renewable Energy announced today the opening of a new Renewable Hybrids factory in Vallam, near Chennai, India, where 250 people are employed today. “As the industry and customers’ demand dispatchable renewable energy to navigate the energy transition, the need for hybrid systems is increasing exponentially. This world class facility that has been set up … Continue reading GE Renewable Energy opens new Renewable Hybrids factory in India
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Iberdrola commissions its largest power line of almost 730 kilometres in Brazil
The line runs through four states between the north and northeast: Maranhão, Piauí, Tocantins and Bahia This line will allow the exchange between the Brazilian regions and facilitate the flow of energy from the Belo Monte (AP) hydroelectric power plant, the largest power plant in Brazil with an installed capacity of 11 GW Iberdrola has … Continue reading Iberdrola commissions its largest power line of almost 730 kilometres in Brazil
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Nexans : to connect South Fork offshore wind farm with the U.S. mainland, providing clean energy power to 70,000 homes in New York
Nexans will deliver HVAC subsea export cables for South Fork Wind Farm, the first delivery of Nexans’ framework agreement to supply Ørsted and Eversource with up to 1,000 km of high voltage subsea cables in the U.S. The South Fork Wind Farm will address East Hampton’s energy needs, producing enough clean energy to power 70,000 … Continue reading Nexans : to connect South Fork offshore wind farm with the U.S. mainland, providing clean energy power to 70,000 homes in New York
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Photovoltaic and concentrated solar power and wind energy in Europe
In the first week of January, European electricity markets prices increased compared to the previous week and in most cases the average exceeded €150/MWh, despite the fact that negative hourly prices were registered in some markets at the beginning of the week. Electricity futures rose in most markets. The increase in demand and the high … Continue reading Photovoltaic and concentrated solar power and wind energy in Europe
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Photovoltaic and concentrated solar power and wind energy production
After the declines of 2020, the demand and prices of the energy markets recovered in 2021, the latter leading an escalation that made almost all European electricity markets settle with a yearly price of more than €100/MWh and break hourly and daily historical records repeatedly. Behind these increases are gas and CO2 prices that also … Continue reading Photovoltaic and concentrated solar power and wind energy production
Continue readingRecord prices were registered in European electricity markets
Most of European electricity markets registered all?time high prices in the days leading up to Christmas. In some cases, hourly records were also reached. One of the protagonists behind these prices is gas, which also recorded an all?time high in the penultimate week of the year. High CO2 prices also favoured the uptrend, in a … Continue reading Record prices were registered in European electricity markets
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Despite a global pandemic and supply chain constraints, clean power has record year
Clean energy in America is having a record year. Look no further than the top headlines throughout this year. In 2021 alone, the United States re-asserted its place in the Paris Climate Agreement and established considerable national emissions reduction and clean energy goals. As 2021 comes to an end, ACP takes a look at the … Continue reading Despite a global pandemic and supply chain constraints, clean power has record year
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Celebrating Clean Power’s Progress and Reflecting on ACP’s First Year
As? American Clean Power’s (ACP)’s? first year?comes to a close, we want to take a?moment to reflect on all that our clean energy industry achieved, together?in?2021. ACP was created to unite the power?of?America’s clean energy industry. Our trade association brings together wind, solar, transmission and storage companies, along with manufacturers and construction companies, project developers and owners/operators, utilities, … Continue reading Celebrating Clean Power’s Progress and Reflecting on ACP’s First Year
Continue readingPhotovoltaic and concentrated solar power production and wind energy production
In the last weeks of 2021, European electricity spot and futures markets continued breaking price records, in a context in which gas is also at record highs and CO2 prices remain high. The new nuclear shutdowns announced in France added more uncertainty to the situation and the general fall in wind energy production in the … Continue reading Photovoltaic and concentrated solar power production and wind energy production
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Iberdrola awarded high-voltage substation in Brazil, with over €100 million investment
Iberdrola, through its subsidiary Neoenergia, continues to accelerate its commitment to Brazil. In a competitive transmission auction held at São Paulo stock exchange, the Spanish company was awarded the construction and commissioning of a 500 kV substation to be located in Ibiraci, in the state of Minas Gerais, with an investment of over € 100 … Continue reading Iberdrola awarded high-voltage substation in Brazil, with over €100 million investment
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Photovoltaic and concentrated solar power production and wind energy production
The new rise in gas prices and CO2 records bring futures to maximum prices again. The consecutive CO2 prices records of recent weeks and a new rebound in gas prices are driving electricity futures prices to historical prices in markets of central Europe, or close to historical highs in others markets such as the Iberian. … Continue reading Photovoltaic and concentrated solar power production and wind energy production
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