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A Practical Guide to EECs, the certificates that will monetize efficiency projects.

By | 2023-06-27T08:31:07+00:00 June 27th, 2023|Categories: Electricity Markets, Energy Markets, Energy Policies|

The challenge of the "Fit for 55" package is not only one of decarbonization, but also of energy saving, and one of the principles of the Fit for 55 is energy efficiency.  The National Energy Efficiency Fund (FNEE), established by Law 18/2014, aims to finance national energy efficiency initiatives, in compliance with Article 20 of Directive [...]

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Introduction to the reform of the Chinese electricity market

By | 2023-06-26T10:35:09+00:00 June 26th, 2023|Categories: Electricity Markets, Energy Markets, Energy Policies|Tags: , , |

  This small document aims to give a quick overview of the largest electricity market in the world, its challenges and needs in the coming years. The Chinese electricity system has an electricity production of 8 849 terawatt-hours (TWh) in 2022, surpassing the combined annual generation of the United States (4 524 TWh), the European Union [...]

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LEDS: will they support renewables take flight?

By | 2023-06-05T06:01:16+00:00 June 5th, 2023|Categories: Electricity Markets, Energy Markets, Energy Policies, Gas, Oil|Tags: , , |

Almost all of us know the legend of Daedalus and Icarus. To escape from Crete Daedalus built two pairs of wings by tying feathers together with twine and using wax to fasten them to their bases. The wings worked, and the two left the island in flight.  Daedalus warned his son to be careful: too close [...]

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Shifting toward LNG

By | 2023-05-13T12:21:21+00:00 May 13th, 2023|Categories: Electricity Markets, Energy Markets, Energy Policies, Gas|Tags: , , |

The worldwide natural gas market experienced a significant upheaval in 2022 when Russia drastically reduced pipeline deliveries to Europe. This created exceptional pressure on supply and led to a global energy crisis. However, Europe managed to surpass historical storage averages in their underground gas reserves due to a variety of targeted policy measures, a sharp decrease [...]

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Roadmap for GOs

By | 2023-03-29T10:25:57+00:00 March 29th, 2023|Categories: Electricity Markets, Energy Markets, Energy Policies, Featured, Italy, M·Blog, Portugal, Spain|Tags: , , |

When power plants in Europe produce 1 MWh of renewable energy, a certificate is issued indicating how, where and when that unit of energy was produced. Companies can purchase these certificates, or Guarantees of Origin (GoOs), to claim that they buy clean energy and report on the reduction of greenhouse gas emissions. In 2019 we wrote [...]

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European Electricity Market Reform

By | 2023-03-23T09:09:10+00:00 March 23rd, 2023|Categories: Electricity Markets, Energy Markets, Energy Policies, Featured, M·Blog|Tags: , , |

The construction of the energy market in the European Union was first proposed in 1988, being considered as a basic piece in the articulation of a common energy policy and pursuing as its main objective to supply energy products at the lowest possible price with the same conditions of security of supply and quality of service. [...]

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Hydrogen fuel cell vehicles – a threat to the electric car?

By | 2021-05-04T13:06:29+00:00 May 4th, 2021|Categories: Electricity Markets, Energy Markets, Energy Policies, Featured, M·Blog, Oil, Spain|Tags: , , |

The phasing out of combustion engine vehicles, whether petrol, diesel or hybrid, is a fact that will happen in the near future. It will depend on countries' commitments. In the case of the European Union, they are committed to transforming Europe into a highly energy-efficient, low-carbon economy. In fact, the European Commission expects hydrogen to account [...]

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Shouldn’t we blame everyday variable demand instead?

By | 2021-04-29T11:13:15+00:00 April 28th, 2021|Categories: Electricity Markets, Energy Markets, Featured, M·Blog, Portugal|Tags: , , |

Since the begging of the 20th century all power is generated from central power plants and transmitted along the transmission distribution grid until the end user. But, as we make the transition to a green path trying to reduce the emissions and the impact of fossil fuel combustion, and as we begin to integrate more and [...]

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Renewable hybridization

By | 2021-04-06T11:16:22+00:00 April 6th, 2021|Categories: Electricity Markets, Energy Markets, Energy Policies, Featured, M·Blog|Tags: , , |

Renewable energy power generation technologies have made spectacular progress and appear to end up dominating in the mix of generation sources in Spain. Improvement is continuous in both capacities and cost reduction. However, this growth is not without problems beyond its own technology: regulations, energy markets and access and connection to the grid, among others. Solving [...]

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The National Fund for the Sustainability of the Electricity System: First Impressions

By | 2021-03-04T10:46:46+00:00 March 4th, 2021|Categories: Electricity Markets, Energy Markets, Energy Policies, M·Blog, Spain|Tags: , , |

The transition to a completely decarbonized economy depends on a series of factors identified in the Government's energy planning: Integrated National Energy and Climate Plan (PNIEC) 2021-2030, Long-Term Decarbonization Strategy 2050 and Draft Climate Change Law and Energy Transition. The objective is to achieve decarbonisation in the most effective and efficient way possible, enabling the necessary [...]

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