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 [...]
If the European Union has drawn a clear conclusion from the energy crisis derived from the Russia-Ukraine conflict, it has been to accelerate the energy transition in order to reduce its dependence on energy sources from third countries, and not to repeat scenarios of high prices that have put domestic companies and consumers in check, and [...]
Energy despite being associated to human progress since its dawn, endorses a great intrinsic challenge, its management. In European markets, these management lays on two main actors: the market operator (MO) and the System Operator (SO). The market operator acts as a central procurement chamber where a marginalist price auction for each hour of the day [...]
Political rhetoric is cheap, but drastic cuts in carbon dioxide emissions remain prohibitively expensive and technologically challenging. After all, emissions cuts have been promised (and mostly not delivered) since the “Earth Summit” in Rio de Janeiro in 1992. Cutting CO2 emissions to net zero by 2050 or much sooner is the ambitious goal being pushed by [...]
The technological change of the Spanish generation park that will take place in the coming years for the energy transition towards a low-carbon economy, must take place in 2030. It is fair to acknowledge that the journey is being a resounding success, however, one of the hot spots of the change is the capacity of Enresa [...]
Let’s face it: we Humans are very poor when it comes to dealing with the intangible. We deal in obvious comparisons and in lieu of that: a real pain now is worth far more than a greater pain in the yet unseen (albeit still known) future. “One problem at a time” we say, and despite our [...]
September surprised bringing news that creates both sympathy and rejection at the same time: Brussels proposes the end of the daylight-saving time. Around 4.6 million people participated in a non-binding survey on the continuity of this measure and nothing less than 80% of the participants were against shifting their time twice a year. On Friday, September [...]
Is in human nature the necessity to have a “logic” explanation for everything that happens and in the energy market that’s no different. As normal, one tends to rely on the fact that an action triggers a reaction and the more informed you are about those actions, the best you can (try to) “predict” their reactions. [...]
For a while now, we are experiencing changes of great relevance in the electricity sector. Slowly but unstoppably the big electric companies are working hard to reinvent themselves. The boom in innovation has led to the corporate venture capital funds of large electricity, oil and gas companies, tripling their investments in the last six years, as [...]
ARERA, or the new Regulation Authority for Energy Networks and Environments, with the resolution 921/2017 / R / eel of the 28th of December 2017, has disencumbered the new operating methods for the recognition of subsidies for energy-intensive consumers, defined in accordance with the Ministerial Decree of the 21st of December 2017, effective from the 1st [...]
