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EU risks power grid imbalance in post-2030 heat
The EU needs contingency plans to maintain power grid balance from 2030, when the share of renewables in the power mix will be much higher and the risk of summer heatwaves more frequent, an expert told Montel on Wednesday.
read more... 03/08/2023
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EU must address wasted green energy and negative prices
The European Union needs to address curtailment wasting solar power potential and negative prices hitting the revenues of projects, a group of solar and renewable energy associations told the European Commission on Tuesday (1 August).
read more... 03/08/2023
Germany hails breakthrough in EU talks on power plant plans
Germany's economy minister said on Tuesday Berlin had made a "breakthrough" in its talks with the European Commission on plans for new hydrogen and gas power plants, but has yet to agree on how they will be subsidised.
read more... 02/08/2023
Capital Energy to sell $1 billion renewable energy portfolio
Spanish-based renewable energy investor Capital Energy has hired Lazard to sell a portfolio of 4.3 gigawatts (GW) of onshore wind and solar power plants in Spain, according to the sale of documents seen by Reuters.
read more... 31/07/2023
Italy eyes 19 billion euros in energy investments as it reviews post-COVID plan
Italy said on Thursday it planned to use EU money to fund an investment programme worth around 19 billion euros ($21 billion) to strengthen power and gas grids and make its economy greener.
read more... 28/07/2023