IEA: Renewables and nuclear set to supply 50% of world’s electricity by 2030 as demand rises steadily
Renewables, gas, and nuclear power will meet all additional electricity demand, while output from coal will decline and CO2 emissions stagnate
Greece achieves record renewables output but also curtailments in 2025
Renewable energy production reached a new high last year in Greece, amidst increased curtailments and a low lignite share
China launches world’s largest compressed-air energy storage plant
The 600 MW / 2.4 GWh energy storage facility uses compressed air stored in underground salt caverns to generate electricity during peak demand periods
New auction announced in Greece for 600 MW for electricity for vulnerable households
The Greek government specified the conditions for a renewable energy auction. The Apollo initiative is aimed at reducing costs for vulnerable households.
Greece reboots Apollo program against energy poverty
The Greek government has redesigned and rebooted the Apollo self-consumption program, aimed at reducing energy costs for vulnerable consumers
EU’s new power pricing interval boosts BESS profit potential – analysis
Thanks to the 15-minute trading interval, arbitrage potential on the day-ahead power markets has increased by 14% on average, Rystad says
Romania’s biggest battery system put into operation
Nova Power & Gas has commissioned a battery energy storage system with an operating power of 200 MW and a capacity of 400 MWh
Europe’s energy storage capacity to reach 100 GW this year, more than double by 2030
Pumped hydropower has the largest share of existing energy storage, 50.6 GW, followed by batteries, with 44.8 GW
