As the solar wave sweeps across Europe, creaking grids are emphasizing the continent’s overriding need for energy storage.
SolarPower Europe has called on EU nations to apply a blanket €0.18 ($0.18)/kWh cap on the revenue generated by low-margin power plants, even though Brussels has given member states the freedom to apply different rates to different types of power plants.
The situation in the energy markets is tense. Following national pushes for action, the European Commission has now announced its set of recommendations to combat rocketing energy prices.
Energy commissioner Kadri Simson has opened the 38th European solar technology conference and exhibition with a positive message for the industry. A week of tech and innovation events have got under way at this year’s event, which is again being held online.
Often dependent on fuel imports from the mainland and frequently powered by fossil fuels, islands have taken center stage at an online forum which builds on a political process kicked-off by Croatia’s presidency of the European Council.
A newly published overview of the European electricity sector suggests that renewables development remains stalled on the continent. Despite some regional differences, EU policy generally favors gas over renewable resources to replace coal. And recent comments by Kadri Simson, the newly sworn-in EU energy commissioner, offer little hope for change.
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