The small handful of battery storage players which kept faith... Read more →
The small handful of battery storage players which kept faith with National Grid’s T-1 capacity market tenders were rewarded handsomely in the regulator’s latest auction this week, with participants coming away with a clearing price of GBP 45/kW. This marks a massive increase on the GBP 1/kW T-1 clearing price recorded a year ago.
Poland’s offshore wind market is finally expected to gather pace this year after the country’s Parliament unanimously adopted its first Offshore Wind Act on January 14, and with the legislation subsequently rubber-stamped by the president later the same month.
At a Glance: Spanish auction avoids bidding bloodbath although winning offers still well under current PPA rates
Spain held its first renewable energy auction for three and a half years on Tuesday (January 26), with Capital Energy emerging as the single biggest winner having secured 625MW of onshore wind support.
The Spanish renewables market has been at the forefront of PPA activity in the post-subsidy world in Europe, with entities such as AB InBev, Alpiq, Axpo, Amazon, Engie and Statkraft all having found the right conditions in the country to enter into long-term offtake contracts with project developers. This market evolution has only been marginally… Read More ›