PV is expected to claim 44% of the clean energy capacity needed to generate 2.4 TWh of electricity in the next two years but potentially gas driven co-generation is also set for big gains. The Ministry of Economy could announce the first auction this year. Energy company Slovenský plynárenský priemysel will be the off-taker.
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.
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.
Reports about a leaked document suggest that Germany, Italy, Greece and Slovakia have joined a group of EU member states that support a carbon neutrality bill. Germany refused to support such plans in March, but with political support for the German Green Party skyrocketing, Chancellor Angela Merkel is likely to revise her government’s position. With Germany now on the ticket, a plan could be finalized at some point this year.
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.
The service, costing €2 per month, is for residential customers that use PV products provided by the power company. The system is provided by E.ON group – a shareholder in the Slovak utility – and has already been launched in Germany, Czechia and Italy.
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.
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.
The scheme grants incentives for the installation of solar water heaters, PV systems up to 10 kW, heat pumps and small windmills.
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