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The Future Price of Electricity in Europe

Due to the shrinking of the fossil fuel markets, the wholesale price of electricity rose significantly in many countries in the first half of 2022, especially in Europe. As a result of gas prices rising to over five times the value of the reference period, power prices in many European markets reached three to four
In October 2014, the European Council endorsed the European Commission’s proposal to extend the electric interconnectors target from 10% to 15% by 2030, considering cost factors and potential commercial exchanges. Electric Interconnectors: Facilitating Renewable Energy Exchange Across Europe Our energy production and consumption increasingly rely on interconnectors. Renewable sources like offshore wind and solar replace
Read along to see the 5 questions we asked Phelas, an innovative company focusing on a particular energy storage technology to foster the energy transition: liquid air energy storage. What problem does phelas solve? Phelas was founded to turn a very simple vision into reality. We want 100% renewable power to be a no-brainer everywhere
The following article explains the introduction of new frameworks in regard to renewable energy installations in Italy according to the official decree. On July 14, the Senate renewed its confidence in the Government by definitively approving, in the text dismissed by the Chamber, the bill for the conversion, with modifications, of the Decree-Law no. 50 of
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Here follow 6 questions Green Dealflow asked Enerpoly, an innovative company trying to put zinc-ion batteries on the table of energy storage technologies to foster the energy transition and diversify the need for critical minerals required for lithium-ion batteries. 1. What is the Enerpoly innovative perspective on zinc-ion energy storage? Enerpoly develops and manufactures zinc-ion
High prices, rising costs, economic uncertainty, energy security concerns, and climate imperatives amount to a powerful cocktail of factors bearing on global energy investments.  IEA´s tracking and forecast estimate that global energy investments are expected to rise 8% in 2022, reaching around 2.4 trillion. However, around 200 billion is being driven up by higher costs
The global solar PV supply chain has seen a big shift in geographical hubs in the last 10 years with Europe, the USA, and Japan being overtaken by Chinese production. In 12 years, the PV cells global manufacturing capacity jumped from almost 25 GW (2010) to more than 220 GW (2022), with China currently weighing up
The Italian authority has published the formal general guidelines regarding agrivoltaics. This document was developed and published within a working group coordinated by the ministry of ecological transition – the department for energy and provides precise definitions of agrivoltaic systems, separating agrivoltaics from advanced agrivoltaics. Agrivoltaic plant is the one which: i) adopts innovative integrative
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The Future of Energy Storage

In May 2022 the Massachusetts Institute of Technology published the report “The Future of Energy Storage”, founded by The Alfred P. Sloan Foundation and The Heising-Simons Foundation.Energy storage enables cost-effective deep decarbonization of electric power systems with high wind and solar penetration. Deep decarbonization will require massive investments in multiple energy storage technologies, as well

Agrivoltaics: The New Frontier

“It’s now or never” is the succintest way to abbreviate the latest warning from the Intergovernmental Panel on Climate Change (IPCC).  If the world is going to avoid the worst of the climate crisis, climate mitigation needs to happen now and with greater impact.  Specifically the world needs to reduce global carbon emissions by 2025
Airborne wind energy (AWE) is “the conversion of wind energy into electricity using tethered flying devices”. The research began in 1980, in 40 years interest and investment in AWE have grown substantially, especially in the last decade, with approximately 70 active research entities including over 20 technology developers globally.  Research found “potential for, and technical viability of,
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You can find the original article from Watson Farley & Williams about the Italian energy decree here. We present an overview of the main amendments introduced by the Energy Decree, focussing on the photovoltaic (“PV”) and wind power sectors. I. SIMPLIFICATIONS FOR THE INSTALLATION OF RENEWABLE POWER PLANTS Extension of the simplified authorisation procedure (PAS) – Legislative
An increasing number of countries aim to replace polluting conventional generators with clean renewables. This would lead to solar and wind production covering almost 80% of the total generation. The change in the electric system going from dispatchable conventional generators to renewables production will require investments and support from TSOs, market operators, and suppliers based
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Energy storage is going to be one of the most important technologies in the shift toward clean energy systems.   Because solar panels and wind turbines don´t operate continuously due to the intermittency of solar radiation and wind currents, the owner of these projects are forced to sell the electricity when these resources are available, and
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Massive amounts of new wind and solar will be a make-or-break ingredient of a net-zero grid. Solar power generated less than 4 percent of the world’s electricity in 2021; by 2050, solar’s share needs to jump to 33 percent. Wind power produced less than 7 percent of electricity globally last year; by 2050, that needs to grow to 35 percent. So said the International Energy Agency last year when it laid
Italian renewable energy associations ANIE Rinnovabili, Italia Solare, and Elettricità Futura have released a joint position paper defining a series of standards for agrivoltaics projects. A document compiled by three Italian renewables associations identifies with extreme precision the area that is allowed to be used for power generation in the two most common agrivoltaics configurations — solar arrays with elevated
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In an effort to combat global warming, wind turbines are on the rise. In order to make wind energy more efficient, turbine size is increasing. Wind energy is the cleanest form of energy, but there is a problem. The potential energy from wind is lost due to various technical issues – such as cracks, lightning
Renewables on the rise: + 70% compared to 2020 with 1,397 MW. It is essential to accelerate to reach the 2030 goals.  According to the RES Observatory created by ANIE Rinnovabili, an association of ANIE Federation, based on the data from Terna of 2021 there is a cumulative total of 1,376 MW of renewables divided
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Companies should now develop strategies on how to switch to renewable energies through Power Purchase Agreements. Key facts What drives you? So not personally, but your company. Coal power, green power, nuclear energy? If you want to make your company sustainable, then the energy supply from renewable energies is a central part of your ESG strategy . Renewable Energy
The infrastructure plan of the Italian Transmission System Operator will contribute to the green transition, with more than 30 electricity connections. The investments aim to strengthen the grid, avoid bottlenecks, and ensure the security of supply.    The South part of the country, where is the greatest production of green electricity, also suffers from diffused
Bad news for consumers.The Italian energy prices have never been higher. The Data published by Arera, the Regulatory Authority for Energy, Networks, and the Environment, paints a stark picture. In the first weeks of 2022, the average Italian energy price reached a staggering €216.35 per MWh. Breakdown of Electricity Bill Components (Energy, Transportation, Taxes): According

Upcoming Italian Capacity Market Auction

The Italian electricity transmission system operator (TSO) Terna initiated the procedure for electricity generators to take part in the 2024 capacity market auction at the end of November 2021 with the aim of holding the competition on 21 February 2022.   Terna will hold the third auction round for the capacity market (2024) on February 21, 2022, after having
Lithium-based energy storage volumes in the U.S. are expected to grow by multiple orders of magnitude in the coming years, with a 1000% capacity increase by 2023. You can see the original article here. Lithium-based energy storage volumes deployed to the United States will grow by multiple orders of magnitude in the coming years, with
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Thermal Energy Storage Technologies

One of the greatest barriers to the green energy transition is storing surplus power generation from renewables. Many technologies are capable of this, and many others are coming into the market as well. In the figure below is possible to have an overview of the whole spectrum of storage technologies.   Figure 1: Energy Storage Technologies (source)  A type of technology that has not been already exploited much consists of thermal energy storage. The plants that go under that category have very high energy and power capacities, allowing them to contribute significantly to a cleaner electricity mix.  In fact, due to the increasing need of storing excess electricity from renewable sources, scalable and high efficient solutions have a big potential in the future.  Thermal energy storage can store energy in form of heat thanks to an electricity-to-heat system, like a heat pump, for periods of
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The Irish Energy Roadmap Towards 2030

Ireland’s Energy Roadmap: Charting a Course for a Renewable Future Ireland has set an ambitious goal: to generate 70% of its electricity from renewable sources by 2030. This aligns with the objectives outlined in the Government’s Climate Action Plan (2019). Achieving this target will require a significant transformation of the Irish energy landscape. The Challenge:
An astonishing 82% decrease in the cost of solar photovoltaic (PV) energy since 2010 has given the world a fighting chance to build a zero-emissions energy system which might be less costly than the fossil-fuelled system it replaces. The International Energy Agency projects that PV solar generating capacity must grow ten-fold by 2040 if we are to meet the dual tasks

The growing Storage Market

The storage market is expected to play a critical role in facilitating the integration of intermittent renewables into power systems and the energy transition. More specifically, variability and uncertainty related to solar and wind resources pose technical challenges for the process of balancing supply and demand, which in turn increases the need for system flexibility.  Both stand-alone
Carbon Finance for Renewable Energy Projects
Unveiling Carbon Finance Mechanisms Developing a project in some countries allows access to an additional income stream through carbon finance mechanisms of which the market is looking at with more and more interest.  Delving into Carbon Markets: Origins and Mechanisms Carbon markets emerged in the 1990s as an instrument of tackling climate change by funding carbon-mitigating initiatives that generate carbon offsets. A carbon
Agro-voltaic in Italy
The agro-voltaic sector is characterized by a hybrid use of agricultural lands, which are exploited both for agricultural production and for the production of electricity from renewable sources (particularly, photovoltaic sources). Following the goals set out by the National Integrated Plan for Energy and Climate (“PNIEC”), the National Recovery and Resilience Plan (“PNRR”) has expressly included the
A few months before the electricity and gas UK price spike – a joint publication by the UK government and Ofgem was published. The energy regulators set out a work program to deliver an intelligent and highly flexible energy system that will sustain the country’s energy security and the transition to net zero.  The plan aims to
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