Markets & Policy
In highly regulated energy markets, policy decisions can make or break new technologies, strategies, and even entire industries.
Support from policymakers, in the form of procurement exercises, priority dispatch, tax incentives and a wealth of other instruments, has been vital to the global solar industry’s success, and new mechanisms to support growth in energy storage are an increasingly important part of the story today.
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Time to talk electrification
Switching energy-hungry industries to processes that run on electricity is a key step in many regional decarbonization strategies, and one that will also ensure growing demand for renewable energy sources. For many industries electrification is already underway, and as grids gear up to better manage variable generation and supply shocks, the vulnerability of fossil fuel supply chains makes the case more compelling.
10 hours ago
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Brazil’s FIFA World Cup match could cut energy demand by up to 20%, local PV sector calls for greater system flexibility
Brazilian grid operator ONS forecasts a sharp drop in consumption during the Round of 16 match and is reinforcing operations to ensure grid stability. According to PV association ABSolar, the challenge lies not in a lack of information, but in the need to adapt the electrical system to an increasingly renewable energy mix.
EU launches call to accredit cross-border renewable energy projects
The sixth round of calls for EU cross-border renewable energy projects looking to obtain priority status is open until October 6. The accreditation gives projects eligibility to apply for grants for studies or construction under the Connecting Europe Facility.
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US: Solar industry poised to create 200,000 jobs
200,000 domestic jobs and 10 gigawatts (GW) of new solar installations could be created in the U.S. if the Department of Treasury Grant Program (TGP) was extended by two years and solar manufacturing was included in the industries’ existing tax credit, says the Solar Energy Industries Association (SEIA).
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