Using a blockchain-based energy trading system, the company seeks to examine ways to bill customers in the best manner for them and prosumers. In light of the potential removal of export tariffs for small scale solar in the UK, the system could provide alternative remuneration for system owners. The trial will run for six months, with the possibility of extending it to two years.
With Theresa May’s government in full scale revolt this week over Brexit, the ECJ’s ruling that the European Commission wrongly failed to find fault with the UK capacity market mechanism four years ago, is likely to have Brexiteers on both sides of parliament frothing at the mouth with indignation.
A conference held this week in London shed light on the U.K. Government’s timeline for reviewing its Capacity Market and Contracts for Difference schemes, and what the changes could mean for renewable – and specifically solar PV – energy projects.
The utility giant is preparing for a greener future with plans to cut carbon emissions, while integrating increasing levels of renewable generation and energy storage.
The Law on Climatic Change being prepared by the Spanish government provides greenhouse gas emissions be reduced by 20% compared to 1990 levels in 2030, and that the electric system has 70% generation from renewable energy sources. By 2050, the targets will be raised to 90% and 100%, respectively.
Around 34.5 GW of PV was installed in China in the first three quarters – 1.5 GW more than expected by IHS analysts, who have raised their full-year guidance.
The Federal Ministry of Economics has published further details of possible battery cell production on a gigawatt scale. At the Networking Conference Electromobility 2018 in Berlin this week, Minister Peter Altmaier stressed the urgency of the project, for Germany and Europe to be independent of Asia and the US in storage technology.
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