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Powering Bulgaria's future: how energy storage insurance is transforming renewable investments
As Bulgaria accelerates its transition towards renewable energy, energy storage has emerged as a critical solution for stabilising the country’s growing solar and wind energy capacity. With its abundant solar potential, Bulgaria is experiencing significant growth in renewable projects. However, the challenge remains in managing the intermittency of solar energy. Battery energy storage systems (BESS) are key to addressing these variations and ensuring that renewable energy can reliably power homes and businesses.
read more... 06/01/2025
Power price jumps in late 2024 being looked at, German cartel office says
Germany's cartel office is examining power prices volatility late in 2024, it said on Thursday, as it looks to ensure energy firms did not hold back supply to take advantage of weather conditions that had already sent prices to their highest levels in months.
read more... 03/01/2025
Finland investigates outage of undersea power link to Estonia
Finland's Prime Minister Petteri Orpo said on Wednesday authorities in his country were investigating an undersea power cable outage on a line connecting Finland and Estonia.
read more... 26/12/2024
Europe's energy taxes are worsening industry woes
Governments hunting for ways to aid Europe's struggling industries should take aim at the continent's high energy taxes, which are eroding competitiveness, the head of Europe's electricity lobby told Reuters.
read more... 23/12/2024
Spain's electricity demand edges up as renewables break records
The amount of electricity used in Spain has inched up this year after falling for two consecutive years, with a record 56% coming from renewable sources such as wind and solar, according to estimates on Thursday from grid operator Red Electrica.
read more... 20/12/2024