Execution, not innovation: the energy transition’s third era
Author: Miquel Yafari, CRO, Growth & Strategy Advisor Solar works. Wind works. Storage is scaling. After a year of conversations across Europe’s energy markets from the Belgrade Energy Forum to Bucharest and, most recently, the halls of Intersolar in Munich I have become convinced that the decisive question of the energy transition has quietly changed. […]
Greek solar producers with CfDs to get paid even when power prices are zero
The Greek government accepted a request from solar power producers that have CfDs, deciding to provide remuneration at zero prices in the day-ahead market
Offshore wind auctions in Greece to include flexible CfDs and curtailment protection
Two measures are under consideration for the first Greek offshore wind farms, to make them commercially viable in the long term
Curtailments, negative prices slash solar power revenue in Greece by up to 60%
Solar parks in Greece with CfDs have lost an average 50% of revenue on a year-to-year basis in April amid negative prices and curtailments
Greece frames solar power’s zero prices as informal consumer support
The Greek government is reluctant to remunerate photovoltaic producers for their high losses from zero or negative hourly wholesale prices
NGEN, Uniper break ground on 100 MWh battery system in Germany
The battery system in Wilhelmshaven will balance wind and solar power, supporting grid stability and renewables integration
Power imports in Greece drop to nearly zero in January
Greece saw the balance of electricity exchanges with neighboring markets change rapidly during the last couple of years. It became a net exporter.
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