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European Commission’s ‘raised ambition’ for energy storage in Electricity Market Design welcomed, with caveats

European Commission’s ‘raised ambition’ for energy storage in Electricity Market Design welcomed, with caveats

Initial reaction to the European Commission’s proposal on reforming Electricity Market Design (EMD) from energy storage industry a…

Silicon Valley Bank: deposits safe but questions over impact on availability of capital for clean energy sector

Silicon Valley Bank: deposits safe but questions over impact on availability of capital for clean energy sector

The collapse of Silicon Valley Bank (SVB) has raised questions around the availability of capital for the clean energy sector, hav…

LG Energy Solution commits to ‘transparency’ on ESG

LG Energy Solution commits to ‘transparency’ on ESG

LG Energy Solution has joined the global Task Force on Climate-related Disclosures (TFCD), committing to transparency throughout t…

Timmermans: Africa likely to be EU’s most important renewable energy partner

Timmermans: Africa likely to be EU’s most important renewable energy partner

Africa is likely to be Europe’s most important partner as it looks to increase its renewable energy supply and switch to green hyd…

EU’s Green Deal Industrial Plan: Energy storage left out but trade group EASE optimistic

EU’s Green Deal Industrial Plan: Energy storage left out but trade group EASE optimistic

The European Union’s Green Deal Industrial Plan has been welcomed by the European Association for Storage of Energy (EASE), althou…

European energy strategy must reconcile the need for flexibility

European energy strategy must reconcile the need for flexibility

Over the last 12 months, we have witnessed an unprecedented crisis in the European energy markets. This was caused, among others,…

India’s Union Budget ‘should include tax breaks for energy storage’

India’s Union Budget ‘should include tax breaks for energy storage’

India’s upcoming Union Budget should include tax-based incentives for energy storage, the India Energy Storage Alliance (IESA) has…

UK gas power plant site to be retooled as low-carbon hub by owner Centrica

UK gas power plant site to be retooled as low-carbon hub by owner Centrica

Centrica is set to repurpose a former gas-fired power plant in the UK to include a 28MW battery storage system and the potential t…

First pumped hydro energy storage unit in Estonia given green light for construction

First pumped hydro energy storage unit in Estonia given green light for construction

Construction on a 550MW/6GWh pumped hydro energy storage project in Estonia will begin in summer 2024 after it was given the green…

Slovakia’s Fuergy raises €16 million private equity to expand energy-as-a-service model

Slovakia’s Fuergy raises €16 million private equity to expand energy-as-a-service model

Fuergy, a Slovakia-based company providing energy storage and management solutions, has raised €16 million (US$17.4 million) from…

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Event calendar

Hydrogen Days 2023

29. 03. 2023 09:00 - 31. 03. 2023 14:00
Praha, City Conference Center
Dear Colleagues, We have witnessed a rapid growth of interest in the hydrogen technologies during last months. This phenomenon became even more appar...

GREENPOWER 2023 - Poznaň

16. 05. 2023 09:00 - 18. 05. 2023 18:00
Poznaň
Veletrh Greenpower se věnuje oblasti obnovitelných zdrojů energie. Je to skvělá příležitost dozvědět se o trendech na trhu, vyměnit si praktické pozna...

Petrochemical & Refining Congress: Europe 2023

22. 05. 2023 09:00 - 23. 05. 2023 19:00
Petrochemical and Refining Congress is an annual downstream oil and gas B2B networking platform which is gathering more than 350 industry leaders from...

Commodity data

Electricity

Base
113.17
13.7 %
Peak
113.82
18.35 %
OffPeak
112.52
9.35 %
Base
115.37
14.76 %
Peak
116.07
17.73 %
OffPeak
114.68
11.9 %
Base
41.65
17.2 %
Peak
43.77
16.75 %
OffPeak
39.54
17.67 %
Base
123.63
-2.08 %
Peak
126.25
-0.63 %
OffPeak
121.01
-3.54 %
Base
122.8
-2.62 %
Peak
124.86
-1.49 %
OffPeak
120.73
-3.76 %
Base
118.51
-5.61 %
Peak
119.3
-5.06 %
OffPeak
117.73
-6.16 %
Base
642.93
1.71 %
Peak
693.52
3.44 %
OffPeak
553.83
-2.64 %
Ask for commodity data

Energy news

Gotion enters Japanese large-scale battery storage market with Edison Power agreement

Chinese battery manufacturer Gotion High-Tech has continued recent moves into new markets across Asia, signing a deal with Japan’s…

AES Chile submits another large solar-plus-storage EIA – with 2.7GWh BESS

The Chile arm of global energy firm AES Corporation is looking to build another large co-located battery energy storage system (BE…

Norway: Eldrift and Morrow Batteries in 1.5GWh MOU for LFP cells

Norwegian firms Morrow Batteries and Eldrift have announced a non-binding offtake agreement for 1.5GWh of Morrow’s lithium iron ph…

California distributed battery storage company Electriq Power in ‘estimated’ US$300 million deal

Electriq Power, a US provider of battery storage solutions, has secured a deal that could be worth more than US$300 million. The c…

IPP Amarenco raises €300 million for solar, energy storage and agrovoltaics pipeline

Independent power producer Amarenco has purchased a 90% stake in PV developer Infram from investment company M&G’s infrastructure…

Energy news

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