In Spain, long-term power purchase agreements, known as PPAs, have been signed that hybridise both technologies for a total of 1.3 GW in the first half of the year. Offshore wind power also promises a new era. Spain is one of the countries with the lowest electricity prices in Europe during solar photovoltaic generation hours. … Continue reading Price cannibalisation triggers the signing of electricity contracts that combine wind power and solar photovoltaic
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Acciona Energía completes 19.7 MWp photovoltaic generation installation with wind energy in Cuenca
Located in the municipalities of Villalba del Rey and Tinajas (Cuenca), the new 19.7 MWp photovoltaic facility joins an existing 26 MWp wind farm. ACCIONA Energía has completed its second hybrid renewable generation facility with the construction of a 19.7MWp photovoltaic plant on the site of the existing Peralejo wind farm (26MW), in the municipalities … Continue reading Acciona Energía completes 19.7 MWp photovoltaic generation installation with wind energy in Cuenca
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Spain approves 650 MW for 11 photovoltaic and hybridisation projects, including 39.6 BESS from Naturgy
The Official State Gazette contains announcements corresponding to the last week of September of 11 photovoltaic and hybridisation projects with wind energy and batteries (BESS).Prior administrative authorisation of the construction modifications, and the declaration of public utility, for the Mudarra 1 photovoltaic installation of 52.525 MW and its evacuation infrastructures, in the municipal terms of … Continue reading Spain approves 650 MW for 11 photovoltaic and hybridisation projects, including 39.6 BESS from Naturgy
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Coal generation in OECD countries falls below half of its peak
As the UK, the birthplace of the Industrial Revolution, closes its last coal power plant, almost all OECD countries are making good progress on phasing out coal power, replacing it predominantly with photovoltaic solar power and wind energy. This report analyses annual generation data from Ember’s Data Explorer, to show how the electricity generation of … Continue reading Coal generation in OECD countries falls below half of its peak
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The Future of European Electricity Markets: Batteries, Hybridisation and Profitability
European electricity markets are facing an unprecedented energy revolution, driven by the rise of renewable energies. Batteries and hybridisation of technologies are emerging as key players in this transformation process, not only optimising the integration of clean energy but also mitigating price volatility and increasing the profitability of investments. Falling battery prices and the advance … Continue reading The Future of European Electricity Markets: Batteries, Hybridisation and Profitability
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Critical materials: Batteries for electric vehicles
A new report by the International Renewable Energy Agency (IRENA), “Critical Materials: Batteries for Electric Vehicles”, reveals that the growing demand for electric vehicle (EV) battery materials required by 2030 can be met by expanding sustainable supply chains and scaling-up the development and adoption of innovative technologies. According to IRENA’s 1.5°C Scenario, outlined in the … Continue reading Critical materials: Batteries for electric vehicles
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Green light for Iberdrola’s new reversible pumped-storage hydroelectric power plant in Alcántara (Spain)
The project for the construction of the new Alcántara II reversible hydroelectric pumping station, located in Alcántara (Extremadura, in southwest Spain), has obtained a favourable Environmental Impact Statement (EIS), according to a resolution of the Ministry for Ecological Transition and the Demographic Challenge. As a result, the project has a favourable EIS and a permit … Continue reading Green light for Iberdrola’s new reversible pumped-storage hydroelectric power plant in Alcántara (Spain)
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Avangrid shareholders approve Iberdrola’s takeover of the company
During their Annual General Meeting,Avangrid shareholders approved Iberdrola’s acquisition of 18.4% of Avangrid’s share capital through a merger operation. The transaction received overwhelming support from the company’s shareholders: The acquisition, which began in March, will result in Avangrid being delisted from trading on the US stock exchange. The operation will see the company chaired by Ignacio Galán … Continue reading Avangrid shareholders approve Iberdrola’s takeover of the company
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How PJM Can Reform Its Interconnection Processes to Expedite Battery Storage and Avoid Looming Electricity Shortfall
PJM Interconnection (PJM), America’s largest electric grid operator with a service territory that spans 13 states and the District of Columbia, risks a shortfall of electricity within the next six years yet continues to apply processes that discourage the deployment of battery energy storage systems (BESS), according to a new Gabel Associates, Inc. report commissioned by the … Continue reading How PJM Can Reform Its Interconnection Processes to Expedite Battery Storage and Avoid Looming Electricity Shortfall
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NREL’s Research in Battery Energy Storage Is Helping Advance the Clean Energy Transition
To bring new clean energy sources online across the United States and around the world, several questions need to be answered. Where are the best places to build out new generation like solar and wind farms? How can we get all that clean energy from its source to where it needs to be? What is … Continue reading NREL’s Research in Battery Energy Storage Is Helping Advance the Clean Energy Transition
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ARENA backs Jet Zero for sustainable aviation fuel
The Australian Renewable Energy Agency (ARENA) has today announced $9 million in funding to Jet Zero Australia to advance sustainable aviation fuel (SAF) production in Townsville. The next stage of engineering activities for Jet Zero Australia’s project will include a $36.8 million front-end engineering design (FEED) study to determine the viability of its commercial scale … Continue reading ARENA backs Jet Zero for sustainable aviation fuel
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EU battery storage set for its moment in the sun with photovoltaics (PV)
By combining renewables with flexible, clean growth, the EU can benefit from abundant locally produced wind power and photovoltaic solar power, reduce dependence on imported fossil energy and avoid costs. This report analyses the system benefits of coupling renewables with clean flexibility, with a focus on the opportunity for pairing solar electricity generation and battery … Continue reading EU battery storage set for its moment in the sun with photovoltaics (PV)
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Photovoltaic and wind energy in the third week of September
In the third week of September, prices in most major European electricity markets were higher than the previous week. The decline in solar and wind energy production in most markets favored this trend. Despite the weekly decline, wind energy production reached levels not seen in several months in Spain, Portugal and France on the 17th. … Continue reading Photovoltaic and wind energy in the third week of September
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The revolution of renewable energy in China
In recent years, China has emerged as a global leader in renewable energy, setting determined goals and accomplishing extraordinary milestones. As the world grapples with the urgent need to shift towards sustainable energy sources, China’s efforts in renewable energy serve as a model for other nations. China set a target of decarbonization and to become … Continue reading The revolution of renewable energy in China
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Record Growth Drives Cost Advantage of Renewable Power
81% of renewable additions in 2023 were cheaper than fossil fuel alternatives, offering countries a compelling business and investment case to triple renewables by 2030. In 2023, the global weighted average levelised cost of electricity (LCOE) from newly commissioned utility-scale solar photovoltaic (PV), onshore wind energy, offshore wind and hydropower fell. Between 2022 and 2023, … Continue reading Record Growth Drives Cost Advantage of Renewable Power
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The Council of Ministers approves Spain’s National Integrated Energy and Climate Plan
The new PNIEC estimates that by 2030 there will be 62 gigawatts (GW) of wind power installed, with 3 GW corresponding to offshore wind power – compared to 50 GW in the previous PNIEC – as well as a huge deployment of solar photovoltaic up to 76 GW (including 19 GW of self-consumption), 4.8 GW … Continue reading The Council of Ministers approves Spain’s National Integrated Energy and Climate Plan
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China’s first ‘concentrated solar power, thermal energy storage, photovoltaic and wind power’ project goes into full production
A milestone for renewable energy in China in Yumen City, Gansu Province, China National Nuclear Corporation’s Xinhua Hydropower Company put into full production its ‘Solar Thermal Plus’ demonstration project on September 20.It has a capacity of 100 megawatts and marks a major advancement in the integration of concentrating solar power, thermal storage, photovoltaic, and wind … Continue reading China’s first ‘concentrated solar power, thermal energy storage, photovoltaic and wind power’ project goes into full production
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Japan can raise renewable energy share to 80% by 2035
Japan could boost the share of renewable energy in its electricity production to 80 percent by fiscal 2035 by expanding the use of storage batteries and enhancing regional power grid cooperation, a Japanese think tank said in a recent study. Japan could achieve a sharp increase in the share of renewables in its power generation … Continue reading Japan can raise renewable energy share to 80% by 2035
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Renewable Energy in Indonesia: Current Development and Future Prospects
As one of the largest and most populous nations in Southeast Asia, Indonesia faces growing energy demands that need the expansion of its energy production capacity. Traditionally, the country has relied on fossil fuels, particularly coal, oil, and natural gas, to power its economy. However, the need to reduce greenhouse gas emissions, improve energy security, … Continue reading Renewable Energy in Indonesia: Current Development and Future Prospects
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Chart: How Much Photovoltaic or Wind Power Dominate Renewable Energy in Different Countries
I was going through the new Integrating Solar and Wind: Global experience and emerging challenges report from the International Energy Agency (IEA), and I noticed an interesting graph. Well, there are at least a few interesting charts, but this one chart is something I don’t think I’ve ever seen. The chart (above and below) shows … Continue reading Chart: How Much Photovoltaic or Wind Power Dominate Renewable Energy in Different Countries
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