On Tuesday the European Parliament voted on its position for the negotiations with European Commission and Member States on the Net-Zero Industry Act (NZIA). MEP Christian Ehler, drafting the Parliament’s position, has put forward a proposal which supports a strong European wind industry to deliver on Europe’s climate and energy security objectives in the lead … Continue reading European Parliament voted to boost wind energy tech made in Europe
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Solar and wind power placed MIBEL at the lowest prices in EuropeSolar and wind power
In the fourth week of November, MIBEL registered the lowest prices among the main European markets thanks to solar and wind energy. In the other markets, prices were in general higher than in the previous week, although wind energy helped to push prices below €100/MWh over the weekend. Photovoltaic energy registered the production record for … Continue reading Solar and wind power placed MIBEL at the lowest prices in EuropeSolar and wind power
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Boosting renewable energies in Spain means strategic opportunities for energy storage companies
Energy storage is one of the vectors of the energy transition and a necessary partner in the deployment of renewable energies. In Spain, the regulatory framework for storage is expected to be approved in 2024 or early 2025. This situation represents a window of opportunity for companies that want to lead the sector or find … Continue reading Boosting renewable energies in Spain means strategic opportunities for energy storage companies
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Naturgy launches a wind power and photovoltaic plant in Extremadura that will supply renewable energy to 55,000 homes
The Merengue II wind farm is the company’s second in the region and the Puerta del Jerte photovoltaic plant, the second of this technology.The two new facilities, located in the Cáceres municipality of Plasencia, have allowed the creation of more than 860 direct and indirect jobs and will produce energy equivalent to the annual electricity … Continue reading Naturgy launches a wind power and photovoltaic plant in Extremadura that will supply renewable energy to 55,000 homes
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Acciona Energía has renewed its position as the “greenest” electricity generation company for the ninth consecutive year
ACCIONA Energía has been ranked the world’s “greenest” power generation company for ninth year in a row, by the “Top 100 Green Utilities” ranking prepared annually by Energy Intelligence, an independent consulting firm specializing in energy markets. ACCIONA Energía has topped the index every year since 2015. The twelfth edition of “Top 100 Green Utilities” … Continue reading Acciona Energía has renewed its position as the “greenest” electricity generation company for the ninth consecutive year
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Records of photovoltaic energy production for a month of November in Spain and wind energy production in Germany
During the weekdays of the third week of November, prices in the main European electricity markets registered an upward trend. However, over the weekend, the combination of lower demand and high renewable energy production helped to bring prices down. On the 19th, Spain registered the solar photovoltaic energy production record for a month of November … Continue reading Records of photovoltaic energy production for a month of November in Spain and wind energy production in Germany
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Repsol partners with Pontegadea on a wind power and photovoltaic energy portfolio
The wind farms are located in Aragón, Castilla y León, Castilla-La Mancha and Andalusia. In total: 398 MW of energy and 220 MW of photovoltaics.Repsol is advancing its strategy of bringing in partners to achieve objectives and maximize the return on its operations. It has once again partnered with the investment group Pontegadea, giving it … Continue reading Repsol partners with Pontegadea on a wind power and photovoltaic energy portfolio
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Acciona will build a pioneering plant for recycling wind turbine blades in Navarra
ACCIONA, ACCIONA Energía and RenerCycle announced today the construction of Waste2Fiber, a wind blade recycling plant in Lumbier (Navarra). The facility will be operational in 2025 and will create over 100 jobs. The project brings together ACCIONA’s experience in composite materials, ACCIONA Energía’s access to end-of-life wind turbine blades and track records in innovative solutions … Continue reading Acciona will build a pioneering plant for recycling wind turbine blades in Navarra
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Declining EU wind turbine exports reflect changing energy landscape
The European Green Deal has placed clean energy at the forefront of the region’s sustainability efforts. The import of green energy products, such as wind turbines, solar panels and liquid biofuels, has been crucial in meeting growing demand. However, recent data reveals a significant drop in EU wind turbine exports, indicating a changing energy landscape. … Continue reading Declining EU wind turbine exports reflect changing energy landscape
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Can European renewables still turn a profit?
The European Union’s ambitious renewable energy target mandates at least 42.5% of EU energy consumption to come from renewable sources by 2030. For that to happen, developers need positive returns on their renewables investments. With technology costs not evolving as hoped, where will the sources of project profitability come from instead? Our latest insight analyses … Continue reading Can European renewables still turn a profit?
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Can Spanish renewables avoid becoming a victim of their own success?
Despite healthy EU ambitions for the energy transition and the decarbonisation of power, and substantial progress already made in the market, Spanish renewables face some strong short-term headwinds. At our recent Madrid breakfast briefing, we presented insights based on the findings from Wood Mackenzie’s Iberian power markets analysis, exploring the issues facing the Spanish power … Continue reading Can Spanish renewables avoid becoming a victim of their own success?
Continue readingRecord wind energy production in Italy and Portugal and downward trend in European electricity market prices
In the first week of November, wind energy production reached a weekly record in Italy and in Portugal it was the second highest in history. In addition, almost all markets registered an increase in production using this technology. This, together with lower demand and lower gas prices, contributed to a downward trend in European electricity … Continue reading Record wind energy production in Italy and Portugal and downward trend in European electricity market prices
Continue readingThe Iberian market registers the lowest prices in Europe in the last week of October thanks to wind energy
In the last week of October, the weekly average price on the Nord Pool market was the highest since mid-June. Between October 26 and 30, the Iberian Peninsula’s MIBEL market reached the lowest price of all markets, supported by high wind energy generation. TTF gas futures remained at the €50/MWh level for the third consecutive … Continue reading The Iberian market registers the lowest prices in Europe in the last week of October thanks to wind energy
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Iberdrola invests €11 billion and net profit reaches €3.64 billion, up 17%
Investments reach €11 billion in the last 12 months Net profit up 17% to €3.64 billion Dividend FY 2023 Net profit outlook raised to double-digit growth Reinforcing financial strength Strategic Plan Delivery Growth based on Networks, with regulatory frameworks covering 96% of asset base closed to 2025 Renewable capacity up 3,100 MW in the last … Continue reading Iberdrola invests €11 billion and net profit reaches €3.64 billion, up 17%
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RE-Source 2023 marks 7.8 GW PPA record but industry urges for barriers to be removed to reach EU net zero objectives
Consistent growth of renewable corporate power purchase agreements (PPAs) proves that corporates are stepping up their commitments to the energy transition. But corporate energy buyers are calling on policymakers to use the EU Electricity Market Design (EMD) reform to remove the remaining barriers to PPAs. Record-breaking year in the EU PPA market with companies procuring … Continue reading RE-Source 2023 marks 7.8 GW PPA record but industry urges for barriers to be removed to reach EU net zero objectives
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Ingeteam consolidates its position as world’s top independent supplier in the wind energy sector
The global wind industry has passed the landmark figure of one terawatt (TW) of global installed capacity. It has taken more than 40 years to reach this milestone, but data from the Global Wind Energy Council (GWEC) indicate that with the wind industry continually gaining momentum, the next TW will take less than 7 years … Continue reading Ingeteam consolidates its position as world’s top independent supplier in the wind energy sector
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Record wind energy production in Portugal and Spain in the third week of October
In the third week of October, European electricity market prices remained generally stable, with an upward trend in most cases compared to the previous week. However, in the MIBEL market prices fell due to high wind energy production, which reached an all?time record in Portugal and the highest value so far in 2023 in Spain. … Continue reading Record wind energy production in Portugal and Spain in the third week of October
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Haizea Bilbao seeks to hire 295 workers for its future new wind power plant
Haizea Wind Group needs to recruit 295 professionals for its Haizea Bilbao plant, located in the Port, specialized in areas such as boilermaking, painting and surface treatment or engineering, among others. The incorporations will take place between October and December 2023. The company, which is committed to stable and quality work, offers all new workers … Continue reading Haizea Bilbao seeks to hire 295 workers for its future new wind power plant
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Price spike in European electricity markets
In the second week of October, European electricity market prices rose. Some hourly prices were above €200/MWh, which was also the case on Monday, October 16. The rise was supported by higher gas and CO2 prices, which registered their highest levels since February and August, respectively. Increased demand and lower solar energy production also drove … Continue reading Price spike in European electricity markets
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AEE, EOI and Navantia Seanergies join forces to promote training in the offshore wind energy sector in Spain
The Wind Energy Association (AEE), the School of Industrial Organization (EOI) and Navantia Seanergies will join forces to develop the first training program taught by a business school in our country specialized in Offshore Wind Energy. The three organizations have signed an agreement with the intention of taking a step forward in the strengthening and … Continue reading AEE, EOI and Navantia Seanergies join forces to promote training in the offshore wind energy sector in Spain
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