EU backs EUR 2.9 billion in state aid for battery project in 12 states including Croatia, Greece
The European Commission has approved public funding to be provided for 42 SMEs and start-ups in the battery sector.
Spain gets Europe’s lowest wind energy price with CfD auction model
Spain has secured lowest ever price for new wind energy in Europe, of EUR 20 per MWh, thanks to the Contract-for-Difference (CfD) model.
Breakdown of Continental Europe synchronous area started in Croatia
A malfunction in Croatia’s substation Ernestinovo was the initial event that led to a split into two grid regions on January 8.
CMS Ukraine: Overview of the hydrogen power industry’s prospects in Ukraine
Until recently, the development of the hydrogen power industry was hampered by the high cost of renewable energy and the insufficient advances in technology.
Renewables overtake fossil fuels in EU power generation for first time ever
For the first time ever, the EU has produced more electricity in a year from renewable energy sources than from fossil fuels.
European wind turbine orders jump to record 15 GW in 2020
The United Kingdom ordered the most wind turbine capacity, 4.4 GW, followed by the Netherlands, with 2.4 GW, and Sweden, with 1.4 GW.
Distribution grids need EUR 375-425 billion through 2030 to be fit for transformed power system
Investments must be raised by 50-70% in the 2020s, according to the landmark study conducted by industry bodies Eurelectric and E.DSO.
IBEX expects day-ahead market coupling with Greece, Romania this year
The coupling of Bulgaria’s day-ahead electricity market with those in Greece and Romania is expected this year, according to the Independent Bulgarian Energy Exchange (IBEX).