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 [...]
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 [...]
After one month of a dramatic break-up and a beginning of an oil war between Russia and the Saudi Arabia, history was made last Sunday with a renewed agreement achieved by OPEC + of 9.7 million barrels per day (mbpd) oil output cut. A 10 million bpd oil reduction is the biggest cut ever agreed in [...]
Global oil and gas markets are facing an unprecedented situation: demand is collapsing because of the impact of the coronavirus (COVID-19) while supply, already overabundant, is significantly increasing. In some countries, large-scale production and exports of oil and gas provide vital income to finance their national budgets, which means volatility in global energy markets can translate [...]
On Tuesday 31 March 2020, the Council of Ministers approved a new package of economic and social measures to complement and reinforce the measures adopted by the government over the last three weeks to minimise and counteract the impact of COVID-19. For the energy sector, they will benefit electricity and gas suppliers as well as consumers. [...]
Today we are talking about a subject that is particularly close to my heart, which is my country of origin, Italy. In recent weeks, it has been the first in our continent to be the main character of the coronavirus fury. We will see how the epidemic has hit the Italian energy sector hardly, creating dynamics [...]
