80 new wind and solar projects have been awarded in Ireland’s latest Renewable Energy Support Scheme (RESS 2) auction. The projects, amounting to 1.9 GW, were chosen from among 130 renewable energy projects that participated in the auction. Some 50 projects totaling 998 MW of capacity submitted to the auction did not qualify for state … Continue reading Ireland auctions 1.9 GW of solar and wind power
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RWE successfully issues €2 billion green bond in two tranches
RWE has successfully issued a further green bond with a total volume of €2 billion. The bond was issued in two tranches of €1 billion each with maturities in 2026 and 2030. For the first tranche, the yield-to-maturity amounts to 2.2%, based on a coupon of 2.125% p.a. and an issuance price of 99.652%. For the second … Continue reading RWE successfully issues €2 billion green bond in two tranches
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Iberdrola to test the world’s first ultra-efficient high-pressure electrolyser in the UK
This project, called GreeNH3, will be supported by the UK Government through the Net Zero Innovation Portfolio Low Carbon Hydrogen Supply 2 programme. The initiative will test whether it is possible to use this new technology on a large scale to reduce the costs of green hydrogen production. Iberdrola, through its subsidiary ScottishPower External link, … Continue reading Iberdrola to test the world’s first ultra-efficient high-pressure electrolyser in the UK
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European electricity markets prices fell favoured by the weather
In the second week of May, the rise in temperatures led to a drop in demand in most of the European markets. The solar energy production increased in general in correspondence with the increase in solar radiation at this time. These factors and gas prices lower than those of the previous week allowed electricity markets … Continue reading European electricity markets prices fell favoured by the weather
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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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Naturgy is investing 264 million euros in its first photovoltaic plant in the United States
Naturgy has started construction of its first renewable energy facility in the United States, the 7V Solar Ranch photovoltaic plant, in the state of Texas, which will have an installed capacity of 300 MWdc. The project investment will amount to 264 million euros. The plant, which is scheduled to begin commercial operation before the end … Continue reading Naturgy is investing 264 million euros in its first photovoltaic plant in the United States
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Europe puts fast permitting of wind power at the heart of its energy security plan
The European Commission has presented a new package of measures to help the EU wean itself off Russian fossil fuels well before 2030. The “REPowerEU Action Plan” spells out that renewables are at the core of Europe’s energy security. And crucially it tackles the permitting bottlenecks that are holding back the expansion of wind and solar. … Continue reading Europe puts fast permitting of wind power at the heart of its energy security plan
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UNSG’s Remarks on Energy Transition
The International Renewable Energy Agency (IRENA) warmly welcomes the remarks of the United Nations Secretary General António Guterres setting out key actions to achieve the energy transition. His remarks were made during the launch of the World Meteorological Organization’s State of the Global Climate 2021 report. Responding to the announcement, IRENA Director-General Francesco La Camera … Continue reading UNSG’s Remarks on Energy Transition
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Photovoltaic, solar thermal and wind energy in European markets
In the second week of May, the rise in temperatures led to a drop in demand in most of the European markets. The solar energy production increased in general in correspondence with the increase in solar radiation at this time. These factors and gas prices lower than those of the previous week allowed electricity markets … Continue reading Photovoltaic, solar thermal and wind energy in European markets
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RWE successfully issues €2 billion green bond in two tranches
RWE has successfully issued a further green bond with a total volume of €2 billion. The bond was issued in two tranches of €1 billion each with maturities in 2026 and 2030. For the first tranche, the yield-to-maturity amounts to 2.2%, based on a coupon of 2.125% p.a. and an issuance price of 99.652%. For the second … Continue reading RWE successfully issues €2 billion green bond in two tranches
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Clean Power Annual Market Report 2021 shows significant milestones
The American Clean Power Association today released its Clean Power Annual Market Report 2021, which showed that wind, utility solar, and battery storage power capacity in the U.S. topped 200 gigawatts (GW) after 28.5 GW of clean energy projects came online in 2021. Regardless of this milestone, installations were flat when compared to 2020 levels … Continue reading Clean Power Annual Market Report 2021 shows significant milestones
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WindEnergy Hamburg and the H2EXPO & CONFERENCE are setting their sights on the increased development of renewable energies.
From 27 to 30 September 2022, Hamburg will become an energy hub for the world. For four days, at WindEnergy Hamburg everything at the trade show site will revolve around generating energy from wind and its exploitation. At the H2EXPO & CONFERENCE, it is all about the generation, transport, storage and use of green hydrogen. … Continue reading WindEnergy Hamburg and the H2EXPO & CONFERENCE are setting their sights on the increased development of renewable energies.
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Green hydrogen a “shore” way to decrease shipping emissions
Statkraft wants to take a leading role as a producer of green hydrogen and green hydrogen-based fuel in hubs with several types of consumption. Bjørn Holsen, SVP of New Business, gave a presentation in Munich on 13th May 2022, at the Green Hydrogen Forum about sectors and applications for fuel cell transportation and mobility. We … Continue reading Green hydrogen a “shore” way to decrease shipping emissions
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The King inaugurates Iberdrola’s green hydrogen plant in Puertollano
The project will have zero CO emissions2 thanks to the use of renewable energy from an innovative photovoltaic plant integrated into the installation The plant, which will be able to produce up to 3,000 tonnes of renewable hydrogen per year, will supply clean hydrogen to the Fertiberia Group’s factory in the town, thereby reducing the … Continue reading The King inaugurates Iberdrola’s green hydrogen plant in Puertollano
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Vattenfall commissions hydrogen gas-driven backup power for telecoms networks
Today, in collaboration with Ballard Power Systems and IT Norrbotten, Vattenfall is inaugurating Sweden’s first hydrogen gas-driven fuel cell plant for backup power for broadband networks. The plant, located in Överkalix, will ensure uninterrupted operation of broadband and digital communications in the event of prolonged power outages in cold climates. “The new fuel cell plant … Continue reading Vattenfall commissions hydrogen gas-driven backup power for telecoms networks
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Texas energy experts headline panel on renewable energy in Lone Star State at CLEANPOWER 2022
The American Clean Power Association announced a Texas-specific panel that will be featured at CLEANPOWER 2022, the nation’s preeminent renewable energy conference. CLEANPOWER will again bring together the industry’s thought leaders and decision makers to discuss and showcase the most important issues facing the energy industry today. With a focus on “Building the Clean Energy … Continue reading Texas energy experts headline panel on renewable energy in Lone Star State at CLEANPOWER 2022
Continue readingRWE reports quarterly results
In operational terms, the year started very well for RWE. At €1,460 million, adjusted EBITDA (earnings before interest, taxes, depreciation, and amortisation) for the first quarter of 2022 clearly exceeded the previous year’s figure (Q1 2021: €883 million). Adjusted EBIT also rose significantly, from €548 million to €1,098 million. Adjusted net income more than doubled, from €340 million to … Continue reading RWE reports quarterly results
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Market price forecasting and its importance for renewable energies development
Electricity, gas and CO2 markets prices were protagonists in recent months. In recent days, a large part of the headlines related to the Iberian market focused on the gas price limit that is expected to be approved in the coming days. All these topics will be analysed on May 12 in the webinar organised by … Continue reading Market price forecasting and its importance for renewable energies development
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Photovoltaic energy production records in some European markets
In the first week of May, hourly or daily solar photovoltaic energy production records were registered in the markets of Spain and Portugal and values among the highest in history in France. In the Iberian Peninsula, the wind energy production increased compared to the previous week and in most markets the demand decreased. This combination … Continue reading Photovoltaic energy production records in some European markets
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Patents for Green Hydrogen Technology on the Rise
A joint study published today by the International Renewable Energy Agency (IRENA) and the European Patent Office (EPO) uses patent statistics to reveal the trends and dynamism in the field of hydrogen that can be produced using renewable electricity via electrolysis. Innovation trends in electrolysers for hydrogen production shows that patent filings for hydrogen production technologies … Continue reading Patents for Green Hydrogen Technology on the Rise
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