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electricity market design

Weekend Read: Race to the top

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.

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Europe can’t waste a single ray of sun

As the solar wave sweeps across Europe, creaking grids are emphasizing the continent’s overriding need for energy storage.

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Europe’s big battery fleet to surge to 95 GW by 2050, says research firm

According to Aurora Energy Research, Europe is on track to install at least 95 GW of grid-scale battery energy storage systems by 2050, up from 5 GW of installed capacity today, and representing more than €70 billion ($76.9 billion) of investment.

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Greece plans 350 MW solar-wind tender in May and a further 2.1 GW to 2024

The national energy regulator has announced the country will host its third joint solar-wind tender and the energy ministry separately confirmed the procurement timetable will continue until 2024, auctioning an additional 2.1 GW of solar and wind power capacity via another six auctions.

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