2020 is almost over and the European Union looks set to meet its emissions reduction targets, but the 2030 targets will most likely be increased. This is increasing the volatility of the emissions trading market, but is the price increase really supported? Let us remember the targets of the EU The Green Energy Package established by [...]
After the second world war America’s unmatched ability to consume oil outstripped its unmatched ability to produce it. Ensuring supplies from elsewhere became an overriding priority. But what it might mean to be an energy superpower is changing, thanks to three linked global shifts. First, fears about fossil-fuel scarcity have given way to an acknowledgment of [...]
Everything was ready to give space to photovoltaic self-consumption in Spain before the coronavirus crisis. We had an improvement in law, first with the elimination of the tax on the sun, in October 2018 and then with Royal Decree 244/2019, of April 5. The latter allowed the economic compensation of surplus clean energy discharged to the [...]
Electric mobility continues to advance at a slow but inexorable pace. Spain may not be one of the countries that registers more electric vehicles, given its per capita income and scarce aid, but it will eventually join the trend, yes or no. For now, at national level, the top three positions in the electro mobility ranking [...]
During the current sanitarian crisis, the energy transition has everything but lost momentum. Policy makers are united in proclaiming that recovery plans should focus on green investment. Although it remains to be seen how much real additional money will become available, at the very least the goals that have been set will not lose ambition and [...]
Before covid, the energy sector was facing significant challenges due to growing demand for renewable energy, declining oil demand and falling profits. The virus has only further shaken the energy industry. Other factors they already faced: Many investors are pulling out of traditional energy companies. There has been an increase in social responsibility, reducing their popularity. [...]
The pathway towards Climate Neutrality by 2050 continues with coal phase-out leading the initiatives to achieve such goal across the “Old Continent”. The official roadmap points for France to win the race of decarbonization in Europe, by phasing out of coal by 2022. In the year after is expected that Portugal, the United Kingdom, Italy and [...]
Renewables has so far been the energy source most resilient to Covid‑19 lockdown measures. In Q1 2020, global use of renewable energy in all sectors increased by about 1.5% relative to Q1 2019, according to the International Energy Agency. The increase was driven by a rise of about 3% in renewable electricity generation after more than [...]
It seems, that the coronavirus crisis comes to an end or at least concludes the first round. But now, it’s when in terms of contraction of demand, we will really see the effects. The next few years are full of uncertainties and risks, but also of opportunities within the electricity sector and now we are asking [...]
The Council of Ministers approved on Tuesday May 19, 2020 the Draft Law on Climate Change and Energy Transition (PLCCTE). A regulation that aims to lay the foundations for a new, greener, more sustainable economy and that will help Spain recover from the economic crisis that is looming after COVID-19. It includes 36 articles distributed in [...]
