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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
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
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Investing in new nuclear is ‘bad for the climate’
New nuclear is less cost-competitive than wind, solar or electricity storage options and hinders investments in renewable energies that could otherwise be deployed much faster, according to a peer-reviewed commentary published in the scientific journal Joule.
read more... 27/07/2023
Britain's Octopus Energy to invest $20 billion globally in offshore wind by 2030
Renewables investor Octopus Energy Generation plans to invest $20 billion in offshore wind by 2030, aiming to boost energy security and reduce dependence on fossil fuels, it said on Monday.
read more... 25/07/2023