Tag Archives: flexibility

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Heatwave strains European grid, brings profit to energy storage operators

Record solar power production, backed by yet insufficient energy storage capacity, helped maintain the stability of the electricity system in Europe during the latest heatwave, Ember said. Many nuclear and other thermal power plants reduced their activity as river water temperature wasn’t low enough for efficient cooling. Intraday price spreads at European power exchanges landed […]

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WEF: Global energy transition picks up pace

The global energy transition is picking up pace, with the World Economic Forum’s (WEF) latest report showing the fastest progress since before the COVID-19 pandemic. Overall improvement on the WEF’s Energy Transition Index (ETI) was recorded in 65% of the countries observed, with the Emerging Europe region posting the strongest growth. The report, titled Fostering […]