The weekend read: Will the UK emissions trading system deliver on its promises?
U.K. carbon prices have looked relatively strong since the market launched in May. There is now optimism that the U.K. emissions trading system (ETS) will drive investment in renewables and green hydrogen. However, linking with the EU ETS is seen as key for the market to flourish in the longer term.
The Hydrogen Stream: What the EU’s Fit for 55 means for hydrogen
The revision of the EU Energy Taxation Directive (ETD) and the Renewable Energy Directive (RED) will also have an impact on the nascent hydrogen economy. The European Commission is currently evaluating options to create a certification system for low-carbon fuels and it may extend the EU-wide certification for renewable fuels to include hydrogen.
New residential lithium-ion battery from Germany
The battery system, which is aimed at increased self-consumption, can handle a maximum DC input power of 18 kW and 1000 V.
Spain deployed 3.4 GW of solar in 2020
Last year’s newly installed PV capacity comes from 2.8 GW of ground-mounted PV and 596 MW of rooftop installations. Sustained growth is expected in 2021.
India tenders 1.2 GW solar in Karnataka
Solar Energy Corp. of India has given developers until Sept. 3 to bid for 1.2 GW of solar projects that will be set up on a build-own-operate basis in the state of Karnataka.
First lessons learnt from offshore pilot PV system in North Sea after 18-month operation
The 50 kW modular PV system started operating at the end of November 2019. According to its developer, Dutch start-up Oceans of Energy, power production after 18 months of operations is in line with expectations. The installation had to withstand several storms and waves with a height of up to 10 meters.
Australian state approves 600 MW solar+battery project
The authorities in New South Wales have approved a massive solar+storage project, paving the way for construction to start in the Australian state next year.
‘Fit for 55’ could be fit for 660 GW of solar this decade
While trade group SolarPower Europe has welcomed the EU’s emissions-reduction legislative package, it renewed calls for solar and energy storage to be mandated on buildings and urged policymakers to go even further than the stated ambition for clean power to fire 40% of European electricity by 2030.
Australia could add 4 GW of rooftop solar this year
The head of the nation’s Smart Energy Council told an event organized by the Global Solar Council, that landmark could be achieved even amid Covid-19 restrictions.
Germany’s first tender for rooftop PV concludes with average price of €0.0688/kWh
The procurement exercise’s final prices ranged between €0.0535 and €0.0789 per kWh. Furthermore, the German authorities revealed that the tender for ground-mounted PV concluded with an average price of €0.05 per kWh.
