Czechia

European coal fleet will run at a loss of €6.57bn this year

Economic thinktank Carbon Tracker used financial modeling to determine the profitability of every coal power plant in the EU. On average, 79% of the facilities run at a loss, with Germany, Spain and Czechia among the states particularly exposed to the consequences – for coal investors and the public.

Czech utility CEZ further invests in solar

Eastern Europe’s largest utility has decided to acquire a minority stake in Zolar – a German provider of digital solutions for rooftop PV – alongside BayWa r.e. Energy Ventures.

Rooftop PV has reached grid parity in main EU markets

Researchers have developed a high-resolution geospatial method of assessing the solar potential of all buildings in the EU and concluded rooftop PV could provide a quarter of the bloc’s electricity needs. The scientists say grid parity for rooftop solar has been reached outside eastern member states with cheap fossil fuel electricity.

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Renewables generation cheaper than coal for many power companies – but not yet for Eskom

An investor tool examining the coal fleets of major global power companies has offered up analysis which flies in the face of arguments solar and wind generation could help turn around the debt-saddled South African utility.

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EU wants to know more about Eon’s bid to acquire Innogy

According to the Brussels authorities, the transaction could affect competition in the electricity and gas sectors. EU competition commissioner Margrethe Vestager wants to ensure there are no price increases as a result of the proposed takeover.

EU clean energy transition receives an €800 million boost

The funds will come from the Connecting Europe Facility. Around €504 million will be used for electricity infrastructure and smart grids and another €286 million will be devoted to gas. The remaining €9 million will be allocated to studies on the development of carbon dioxide transport infrastructure.

Europe moves further towards large-scale battery cell production

More than a dozen European ministers of economic affairs have released a statement setting out the next steps to turn Europe into an industrial hub for large-scale cell production. The role of SMEs and competition was highlighted as ministers said European cells should provide innovation in terms of raw material use and sustainability, hinting at a pivot away from lithium-ion.

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Czech Republic may exclude PV from future renewables auctions

Once a leading European PV market, the Czech Republic may resume development of large-scale renewables from 2021. Only wind, hydro and biomass projects, however, will be eligible, under a proposal from the Ministry of Industry and Trade. Only rooftop solar, of up to 1 MW, would be backed by a ‘feed-in premium’ scheme.

Czech Republic launches new round of its Green Savings Programme

The scheme provides investment support for residential and commercial solar PV systems. The round’s deadline is April 30, 2018.

Jufa buys two PV plants totaling 17 MW in Czech Republic

Through this operation, the Czech investment firm has raised the capacity of its PV power plant portfolio to 69 MW.

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