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 When the final electrical energy provided (generators) or withdrawn (consumers) from the system differs from the one initially programmed and agreed upon with the system, what is known in the [...]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 [...]
For a while now, we are experiencing changes of great relevance in the electricity sector. Slowly but unstoppably the big electric companies are working hard to reinvent themselves. The boom in innovation has led to the corporate venture capital funds of large electricity, oil and gas companies, tripling their investments in the last six years, as [...]
ARERA, or the new Regulation Authority for Energy Networks and Environments, with the resolution 921/2017 / R / eel of the 28th of December 2017, has disencumbered the new operating methods for the recognition of subsidies for energy-intensive consumers, defined in accordance with the Ministerial Decree of the 21st of December 2017, effective from the 1st [...]
The month of June started in a very lively political atmosphere. As a result of a conviction against the Popular Party in the Gürtel case, Pedro Sanchez has become president of the government after the approval of a motion of censure against former president Mariano Rajoy. This has happened in the middle of the mandate, two [...]
The daily electricity market in the Iberian Peninsula (OMIE) has been characterized from the outset by a strong volatility. Its own base of operation, which we explained a couple of years ago in our blog (Iberia’s Spot Electricity Market: Behind the Curtains), makes the composition of the energy mix (sum of the technologies that participate in [...]
We all remember the media hype of COP21, the agreement on climate change that took place in Paris in 2015, had. My question is who knows about the "Winter Package" approved on November 30 by the European commission? A package containing eight legislative proposals under the heading "Clean Energy Packaging" (known as C.E.P.), with the intention [...]
