The EU research group tasked with optimizing renewable energy auction procurement processes said the achievement of climate change goals brought about by plunging energy demand should not endanger longer-term ambitions.
The government is planning to introduce a procurement regime this year which the Institute for Energy Economics and Financial Analysis says could drive the price of clean electricity as low as PHP3/kWh. It is thought projects which missed the feed-in tariff scheme deadline will be eligible to compete in the auctions.
With clean energy being generated at lower and lower prices around the world, solar power is playing a leading role in bringing the curtain down on coal, and will help the decarbonization of transport and space heating too.
Turkey is going to the polls on Sunday, and many wonder whether president Recep Tayyip Erdoğan’s gamble on a snap election could backfire. Unless there is a shock at the ballot box though, the nation’s energy sector trends are unlikely to be challenged.
The central American nation will select 28 MW of renewable energy projects with PV schemes up to 2 MW and biogas up to 1 MW entitled to participate.
With its feed-in tariff program set to expire at the end of the year, Serbia will be looking to introduce new mechanisms to support renewables in the form of feed-in premiums and auctions. The country’s PV uptake is still in its nascent stage however, with abundant regulatory obstacles still in place
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