Emissions Trading Scheme – What’s next for the Green Deal’s Cornerstone
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 [...]
Capacity Market to Support Renewables in Spain
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, [...]
Hydrogen fuel cell vehicles – a threat to the electric car?
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 [...]
Shouldn’t we blame everyday variable demand instead?
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 [...]
CARBON OFFSET PROJECTS
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 [...]
The ARENH, regulated access to France’s historic nuclear energy
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 [...]