Increased solar PV and wind generation contributed to lower wholesale electricity prices in Australia in Q2 2023, according to the Australian Energy Market Operator (AEMO).
High power prices in Europe may be obscuring the impacts of price cannibalisation that threatens the future profitability of renewable energy on the continent, with a ‘belt of doom’ observed in Germany and Spain at risk of 30% cannibalisation rates by 2030.
Erik Martinson, CEO at residential solar challenger Svea Solar, speaks to PV Tech Premium about how Europe’s energy crises and sustainability trends are lifting the home solar and energy storage markets.
Governments must ensure that their energy security policies are compatible with net-zero scenarios mapped out by the International Energy Agency (IEA) or the Intergovernmental Panel on Climate Change (IPCC), according to the UN’s Environment Programme (UNEP).
Italy must accelerate the authorisation of new solar projects to reduce the country’s reliance on imports of Russian gas, the president of industry trade association Italia Solare has said.
As the tragedy of war unfolds in Europe, PV Tech looks at some of the ways it might impact Europe’s power market, European transmission systems and the role of renewables in reducing dependence on dirty fuels.
PV Tech Premium sat down with Pexapark's head of quantitative products following the release of the advisory firm's European PPA Market Outlook 2022 report that predicted “fundamental changes” to European PPA markets.
Europe’s leaders have called on the European Investment Bank (EIB) to investigate how to speed up investment in the energy transition to reduce the risk of future energy price crises.
Brazil's energy regulator ANEEL has finalised details of the 2nd Reserve Energy Auction to be held on 16 December this year, with the initial price for solar set at BRL320/MWh (US$94.36).
