Last October 10 we wrote in an article about the measures presented by the government in Royal Decree Law (The expected energy transition measures have come ... Royal Decree-Law 15/2018). Legislation which facilitated further steps to legislative framework of the energy transition. It represented a first step to the challenge of transition that Europe faces. Since [...]
During the last weeks the proposal from the current PSOE government together with Podemos about limiting the price of certain technologies to contain the increasing price in the wholesale electricity market has been discussed. Specifically, the proposal aims to introduce changes in the operation of Spanish wholesale market to end over-compensation, known as "benefits fallen from [...]
As part of the clean energy package, on June 14, the Parliament and the Council agreed to changes in the EU renewable energy directive to include a new mandatory green energy target of 32% by 2030 and establish new principles on future financial support to renewable energy sources and increase the right of people to produce [...]
“Blockchain”. That word has, in the past year, become part of any modern executive’s jargon. Much was written and said. Expectations were massive but, as of today, we fail to see the materialization of all the pitches that were sold. An issue that is even more noticeable in the energy world, a highly regulated environment – [...]
In 2016 the European Commission presented the Clean Energy Package for all Europeans with the aim of defining the stable legislative framework needed to facilitate the clean energy transition. 2018 is the year in which each of the countries of the European community must make public their energy transition measures. It has been a politically complex [...]
The price of CO2 is on everyone's lips and adds to the concerns of consumers who have been increasing their costs for the purchase of energy since a couple of years ago’ summer. Starting with the drought that we suffered in the country since the beginning of 2016, passing through the nuclear crisis in France that [...]
September surprised bringing news that creates both sympathy and rejection at the same time: Brussels proposes the end of the daylight-saving time. Around 4.6 million people participated in a non-binding survey on the continuity of this measure and nothing less than 80% of the participants were against shifting their time twice a year. On Friday, September [...]
All agents participating in the electricity market commit to generate or consume an accurate amount of energy in a precise future time interval (imbalance settlement period). When the final electrical energy provided (generators) or withdrawn (consumers) from the system differs from the one initially programmed and agreed upon with the system, what is known in the [...]
Is in human nature the necessity to have a “logic” explanation for everything that happens and in the energy market that’s no different. As normal, one tends to rely on the fact that an action triggers a reaction and the more informed you are about those actions, the best you can (try to) “predict” their reactions. [...]
In a context where securing a competitive and efficient energy supply is becoming increasingly important, the internal electricity market project in the European Union born. A market that allows increasing energy generation by non-polluting technologies. DAILY MARKETS WITH THE SAME BACKGROUND The project of an internal market began with the Price Coupling of Regions (PCR). PCR [...]
