MOL’s 37.4 MW solar power plant with a battery energy storage system (BESS) of 40 MWh will contribute to the energy independence of its oil and gas complex in southern Hungary. Alteo is the contractor building the facility. The battery segment has received grants totaling EUR 20.5 million. MOL Group marked the start of construction […]
Virtual power plants, aggregators, and flexibility are gaining increasing attention, and not just within the energy sector. The growth and volatility of electricity prices have forced many businesses and institutions to install solar panels to cut costs. Virtual power plants – set up by aggregators to provide flexibility services – can generate additional income for […]
Project Manager and Market Intelligence Specialist Nikolaj Candellari from CyberGrid said at the Belgrade Energy Forum 2025 that the company believes in the energy transition in Southeastern Europe and is contributing with its VPP solutions. The Austrian software developer is open to partnerships with aggregators or future aggregators and the region’s electricity transmission and distribution […]
Digitalization and massive use of data are crucial for providing flexibility services that bring benefits for transmission system operators and renewable energy producers. Aggregators and software firms have developed the technological solutions. However, the process, together with the introduction of flexibility platforms, requires a long time. The reforms also have to be accompanied by market […]
Factors like power price volatility, the global shift in policy making and the need for flexible solutions for the integration of renewables are creating an important momentum for developers and aggregators, Chief Executive Officer of Alteo, Attila Chikán, said at Belgrade Energy Forum 2025. The company is expanding in Central and Southeastern Europe with investments […]
Power network operators won’t need to compensate renewable energy producers in Greece for curtailments, according to the latest bill of law. It prompted reactions in the renewable energy market. The bill, submitted for public consultation, received damning remarks from the Hellenic Wind Energy Association (HWEA or ELETAEN) and various other bodies and corporations for the […]