230%! This is how much the carbon prices, formally known as European Unio Allowances (EUAs for Dec21) have risen since the lockdown back in March of 2020, due the COVID-19 pandemic. Even ignoring that event, this market rose from 25 €/ton to 51 €/ton, more than doubling its value in less than one year. Figure [...]
Wednesday, May 12, 2021, the deadline for submitting allegations to the Draft Order that creates a capacity market in the Spanish electricity system is over. A long-awaited regulation by agents of the electrical system since the penetration of variable renewable energy, such as photovoltaic and wind, is continuously growing and will continue to do so. It [...]
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 [...]
Carbon neutrality objective: carbon offset projects, a further option towards environmental Ecommitment. In recent years we are seeing how climate change and commitment to the environment has started to become an issue that is closer not only to citizen, but also to the business level. More and more companies are interested in aligning their brand and [...]
Regulated access to historic nuclear energy (ARENH) allows 'alternative' (or non-historic) energy suppliers to have access to a quarter of EDF's nuclear electricity production at a fixed price agreed for all. EDF, the historic electricity supplier in France, operates all 58 active nuclear reactors financed by French consumers in the days when EDF was a monopoly. [...]
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 [...]
According to the Carbon Monitor the COVID-19 pandemic halted the CO2 emissions in 2020 with a 4% fall Y-o-Y. The major drop in percentage was registered in the transport sector due to the lockdowns and consequently flight restrictions while the greatest absolute reduction was witnessed in the power sector, mainly due to less demand and significant [...]
Biogas should be considered within the global energy system forecasts for the coming years, although as with all technologies, the future will be shaped by innovation, energy policies and market developments among other factors, so the next few years will be crucial. Description Biogas is a mixture of methane, CO2 and small amounts of other gases [...]
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 [...]
