Almost all of us know the legend of Daedalus and Icarus. To escape from Crete Daedalus built two pairs of wings by tying feathers together with twine and using wax to fasten them to their bases. The wings worked, and the two left the island in flight. Daedalus warned his son to be careful: too close [...]
The worldwide natural gas market experienced a significant upheaval in 2022 when Russia drastically reduced pipeline deliveries to Europe. This created exceptional pressure on supply and led to a global energy crisis. However, Europe managed to surpass historical storage averages in their underground gas reserves due to a variety of targeted policy measures, a sharp decrease [...]
When power plants in Europe produce 1 MWh of renewable energy, a certificate is issued indicating how, where and when that unit of energy was produced. Companies can purchase these certificates, or Guarantees of Origin (GoOs), to claim that they buy clean energy and report on the reduction of greenhouse gas emissions. In 2019 we wrote [...]
The construction of the energy market in the European Union was first proposed in 1988, being considered as a basic piece in the articulation of a common energy policy and pursuing as its main objective to supply energy products at the lowest possible price with the same conditions of security of supply and quality of service. [...]
The phasing out of combustion engine vehicles, whether petrol, diesel or hybrid, is a fact that will happen in the near future. It will depend on countries' commitments. In the case of the European Union, they are committed to transforming Europe into a highly energy-efficient, low-carbon economy. In fact, the European Commission expects hydrogen to account [...]
Since the begging of the 20th century all power is generated from central power plants and transmitted along the transmission distribution grid until the end user. But, as we make the transition to a green path trying to reduce the emissions and the impact of fossil fuel combustion, and as we begin to integrate more and [...]
Renewable energy power generation technologies have made spectacular progress and appear to end up dominating in the mix of generation sources in Spain. Improvement is continuous in both capacities and cost reduction. However, this growth is not without problems beyond its own technology: regulations, energy markets and access and connection to the grid, among others. Solving [...]
The transition to a completely decarbonized economy depends on a series of factors identified in the Government's energy planning: Integrated National Energy and Climate Plan (PNIEC) 2021-2030, Long-Term Decarbonization Strategy 2050 and Draft Climate Change Law and Energy Transition. The objective is to achieve decarbonisation in the most effective and efficient way possible, enabling the necessary [...]
In line with the National Integrated Energy and Climate Plan 2021-2030 where the Government has developed a new regulatory framework for renewables and a national strategy for self-consumption, among others, the Council of Ministers last week approved the Energy Storage Strategy. In this blog we will comment the fundamental aspects of this regulation and how it [...]
Everyone expected so much of 2020, setting it at an important milestone for the World with the globalization peaking and the technology and social barriers being tested constantly. On the other hand, the long trade war between US and China was weighing on the markets and a recession was on the edge. Despite that, no one [...]
