RWE plays a key role in helping achieve the UK’s net zero ambitions, which represents one of our most strategically important markets, and has reacted with disappointment at the Government’s decision to implement a revenue limit (the “Cost-Plus Revenue Limit”) on low-carbon technologies. Tom Glover, RWE UK Country Chair, said: “RWE understands that this is … Continue reading RWE responds to proposed UK Government ‘Cost-Plus Revenue Limit’
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October starts with rising prices in the iberian market due to the fall of renewable energies
In the first week of October, prices fell in almost all European electricity markets compared to the previous week. The drop in gas prices and demand supported these declines. The largest decline, 59%, was in the Nordic market where a weekly average of €59.98/MWh was registred. However, in the MIBEL market of Spain and Portugal, … Continue reading October starts with rising prices in the iberian market due to the fall of renewable energies
Continue readingPhotovoltaic, concentrated solar power and wind energy in several European markets
Solar energy production increases in several European markets in the first week of October. In the first week of October, solar energy production increased in several European markets compared to the previous week, which is remarkable at a time when seasonal declines are usually registered. In the case of wind energy production there were declines … Continue reading Photovoltaic, concentrated solar power and wind energy in several European markets
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Dutch project to combine solar and farming
In the Netherlands Vattenfall is constructing a solar park where solar panels are combined with cultivation. The aim of the so-called Symbizon project is to show that farming and solar panels can go well together. In densely populated Netherlands land use is a hot issue. The Symbizon agri-PV project in Almere just outside Amsterdam aims … Continue reading Dutch project to combine solar and farming
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The wind power association requests that no new taxes be adopted that could affect investment in renewables
Renewable energies are the solution to high energy prices, the guarantee of greater energy security for the country and mean less dependence on gas imports. Any measure that is adopted and delays investment in renewables does nothing but postpone the solution to the current problem of energy prices and dependence on foreign sources. In Spain, … Continue reading The wind power association requests that no new taxes be adopted that could affect investment in renewables
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China now has 30 Concentrated Solar Power Projects with Thermal Energy Storage Underway
The development of Concentrated Solar Power is entering into a fast track in 2022 here in China. Within the Multi-Energy RE complexes combining with PV and/or Wind, CSP is playing a role as stabilizer and regulator, easing the power fluctuation and curtailment of PV and Wind, through its thermal energy storage. By 2024 China is building … Continue reading China now has 30 Concentrated Solar Power Projects with Thermal Energy Storage Underway
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Solar and wind power will be the primary source for new electricity generation out to 2050
Renewable energy is the world’s fastest growing energy source and essential to getting the world to net zero According to the US Energy Information Agency renewables will be the “primary source for new electricity generation” out to 2050. Rapidly growing our renewables business is core to our strategy: by 2030, we aim to have developed … Continue reading Solar and wind power will be the primary source for new electricity generation out to 2050
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European businesses want to source renewables to tackle energy crisis; but emergency measures risk threatening PPA market
In the midst of Europe’s energy crisis, caused by the Russian invasion of Ukraine and its subsequent cuts of gas exports to Europe, the RE-Source 2022 event started today. Organised by the RE-Source Platform, Europe’s largest corporate renewable electricity sourcing event will gather 1,000 key players in Amsterdam to exchange on renewable Power Purchase Agreements … Continue reading European businesses want to source renewables to tackle energy crisis; but emergency measures risk threatening PPA market
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European electricity markets prices registered historical highs in the third quarter of 2022
In the third quarter of 2022, prices of all analysed European electricity markets increased. The high gas and CO2 emission rights prices caused the quarterly averages to exceed €345/MWh in almost all European electricity markets. These prices are the highest registered so far in the European electricity markets. European electricity markets In the third quarter … Continue reading European electricity markets prices registered historical highs in the third quarter of 2022
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More than 70,000 installations already enjoy self-consumption thanks to Iberdrola’s network
The installations connected to the grid of i-DE, Iberdrola’s distribution company in Spain, have a combined capacity of more than 900 MW, the equivalent of two large combined cycle plants. 98% of self-consumers feed energy into the grid during the day and recover it when they need it. Iberdrola has now exceeded 70,000 self-consumption installations … Continue reading More than 70,000 installations already enjoy self-consumption thanks to Iberdrola’s network
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6 points for Governments as you implement the EU’s new revenue cap on power generation
EU Energy Ministers have agreed a new revenue cap for inframarginal power generation of €180/MWh. National governments will now implement this. But they are allowed to deviate from the single EU-wide cap and set different caps for different technologies. Herein lies the danger. Poor implementation of the new rules would make it difficult to build … Continue reading 6 points for Governments as you implement the EU’s new revenue cap on power generation
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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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Abengoa wins Concentrated Solar Power project of the year award for Noor 1
At Noor 1 Abengoa has been responsible for providing the technology, design, engineering of the HTF system, as well as the construction of the collectors for three parabolic trough plants (200 MW each) in the world’s largest solar complex: the Mohammed bin Rashid Al Maktoum Solar Park (MBR), south of Dubai (United Arab Emirates). This … Continue reading Abengoa wins Concentrated Solar Power project of the year award for Noor 1
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Ørsted to implement new organisational structure and changes to executive management
To continue to drive growth under increasingly different local market requirements, while leveraging the synergies of a global organisation, Ørsted has decided to implement a new organisational structure and changes to executive management. The current corporate structure with a Commercial area and an Onshore business unit will be replaced by three regions: Europe, Americas, and … Continue reading Ørsted to implement new organisational structure and changes to executive management
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Equinor’s first solar plant in Poland ready
The construction of the 58 MW St?pie? solar plant in Poland is completed, and the plant is ready for operation. St?pie? was developed and will be operated by Wento, Equinor’s 100% subsidiary. In 2021, Equinor bought the Polish solar developer Wento and its pipeline of solar projects across Poland. Less than 1.5 years after the … Continue reading Equinor’s first solar plant in Poland ready
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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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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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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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Iberdrola starts up Spain’s first smart agrovoltaic plant in Toledo
Iberdrola has commissioned the first smart agrovoltaic plant in Spain at the González Byass and Grupo Emperador vineyards located in the town of Guadamur, Toledo. This innovative installation allows the layout of the modules to be adapted to the needs of the vineyards, in order to regulate the incidence of the sun and the temperature … Continue reading Iberdrola starts up Spain’s first smart agrovoltaic plant in Toledo
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