The European Parliament has adopted electricity market reforms aimed at making the European Union’s electricity market more stable, affordable, and sustainable. The reforms include a focus on two-way contracts for difference (CfD), a mechanism to declare electricity price crises, and protections for consumers against volatile prices.
The European Commission has approved €3 billion ($3.9 billion) for solar and onshore wind projects in Romania, with two-way contracts-for-difference through competitive bidding procedures.
A latecomer to the European PV party, Romania’s embrace of clean energy means it is perfectly placed to ride the wave of urgently ramped grid investment being rolled out by the European Union.
Charles Lesser, who leads UK operations at Apricum, and Apricum Project Manager Alexandra Popova explain why the renewables consultancy is predicting a big rise in solar-plus-storage projects in Great Britain.
A flurry of clean energy announcements in the European Union this year bodes well for the expansion of renewables but there will be a race against time to get key legislation adopted before next summer’s European elections.
Last year was another landmark 12 months for energy storage, with all indicators pointing to a massive surge in demand. Supply chain instability and inflation saw battery prices rise but the industry demonstrated an ability to swiftly react to geopolitical developments. We look at five trends driving the market.
Carbon Brief has estimated that the United Kingdom would have needed to import 20 TWh less natural gas this year if successive Conservative governments had not wound down the rewards for generating solar electricity.
Solar Energy UK members have made positive noises about a plan to shift historic, fixed-payment incentive contracts over to contracts-for-difference deals, which would limit the profits they would receive from soaring energy prices.
The United Kingdom’s most energy-intensive manufacturers, already exempt from 85% of the contributions paid by other companies for green incentive schemes, could be spared from them entirely, according to a new consultation exercise.
Some 66 solar projects secured 15-year contracts-for-difference (CfDs) in a procurement exercise hailed a success despite undershooting its capacity targets.
This website uses cookies to anonymously count visitor numbers. View our privacy policy.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.