energy prices

European Union energy ministers will meet in a special session in Brussels on Friday to discuss deep cuts to the gas and electricity markets. A non-public paper obtained by pv magazine shows the Commission’s proposal, which includes a triad of reduced prices, consumption reduction, and solidarity-based distribution of energy within the EU.

Climate change ambitions announced by the governments of Egypt and Morocco are symptomatic of a desire for clean power sites with regional policymakers leaning towards auction-set payments for clean power, according to a recent webinar.

The London-based analyst has published a series of clean tech predictions for the year which also highlighted the rising proportion of sub-5MW solar projects in the global market, and cheaper clean energy financing costs even as panel prices continue to rise.

Mario Draghi’s administration has replaced market-driven electricity prices for the rest of the year and replaced them with tariffs based on historical averages. With solar plant operators among those affected, the European trade body for PV is not amused.

Industry body the Renewable Energy Association (REA) is calling on the U.K. government to reduce tax on various clean energy technologies and energy efficiency measures in the residential sector, with particular emphasis on battery installations. The association sees this as one of the most effective ways to protect consumers from volatile energy prices, as well as for the country to meet its stated decarbonization goals.

Re-Source 2021 in Amsterdam has kicked off and the pivotal timing of the event has not been lost on any of the attendees or speakers. It is the time to kickstart the energy transition, and following the European Commission’s endorsement of corporate renewable PPAs as a solution to surging energy prices, this is the room where it could happen.

The U.K.’s sudden energy resource squeeze is seeing price increases on gas and electricity and is creating a solar panel boom, too.

Iberdrola has revealed plans to halt new projects and renegotiate supply contracts in Spain, while companies and associations have asked the European Commission for help, amid warnings about investment risks and rising electricity prices.

The German solar developer has secured a power purchase agreement from French energy giant Engie, which has agreed to buy electricity from a 41.5 MW solar plant under development in the Mecklenburg-Vorpommern region.

AleaSoft analyses fuel market prices, carbon emission rights, European electricity markets and renewable energy production. Last week most prices rose on the previous reporting period as solar and wind power production varied by country.