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  • City of Innovation and Re-birth: Why the Largest Sustainable Energy Event is Coming to Berlin

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    /BERLIN, October 18, 2021, 9:30 CET, EIT InnoEnergy, RENEWABLE MARKET WATCHTM/ Berlin is perhaps best known for the Berlin Wall, which physically divided the city between East and West Germany for 28 years, finally coming down in late 1989. Since German reunification in 1990, the decades that followed have been defined by re-building and innovating. Of course when we announced Berlin as the location of The Business Booster 2021 we had no way of knowing that the world, and the economy along with it, would come to a screeching halt with the corona virus. However as TBB 2021 will now serve as the meeting place for innovators and industry for the first time in many months, we could not be headed to a better and more symbolic place for the re-building of Europe’s economy through innovation and sustainability. 

  • Corporate Renewables 2020 Launches, 100% round table event focussed on Corporate PPAs

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    /7th November 2019, RENEWABLE MARKET WATCHTM/ Shareholders, employees, customers and a wide range of stakeholders require corporate businesses to show a tangible, impactful commitment to renewable energy. As global energy usage and needs are re-defined by these groups, corporates are increasingly focused on reducing their environmental footprint and securing lower energy costs. Corporate PPAs enable companies to achieve their carbon emission reduction goals and are gaining momentum globally. This brings us to launch Corporate renewables 2020 in London, March 11-12. The size and frequency of deals have increased quickly in recent years to more complex and innovative buyer consortia, VFA and proxy swap agreements. However, in Europe, the business model for PPAs is yet to reach its potential. The total volume of corporate renewable PPAs signed in Europe in 2018 amassed to 1.9 GW while in the States it reached 8.5 GW. Corporate Renewables 2020 is not a conference or a summit. The event delivers a series of curated networking experiences designed to help you to assess the economic viability of corporate renewable PPAs, learn about innovative deal structures and understand how they can be applicable to your company. 

  • Corporate Sourcing of Renewable Energy and Corporate PPAs with a Rapid Growth in Europe Informed Renewable Market Watch™

    /LONDON, June 28, 2021, 14:00 BST, EINPresswire/ With the increasing costs of electricity, fluctuations of fossil fuel prices, and unpredictability of these costs, the corporate renewable PPA market segment will play an increasing role in renewable energy capacity development in Europe by 2030, revealing the recently published study Europe Corporate Renewable PPA Market Report 2021 ÷ 2030. The potential for the renewable corporate sourcing market in Europe, which includes both power purchase agreements (PPAs) and other forms of corporate sourcing, is significant. Until 2018, wind accounted for 90% of the contracted capacity in Europe, but recent growth in solar PPAs has further driven market growth.

  • Could volatilities fatten your returns?

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    /4th July 2018, Ricardo G Barcelona/ “Buy low, sell high” is sound tactical advice. Capital budgeting’s prescribed ideals negate the tactic’s benefits: “Reduce volatilities, fix prices and volumes”. When there is operational flexibility, firms supply only when they earn a profit, while avoiding losses by interrupting supplies when prices are too low. As a result, “risk aversion” swaps foregone value from higher prices for “conservative”, albeit mediocre returns. Old habits, however die hard: Intuitively, the avoided losses add to the firm’s value, as well as the higher returns, when prices are high. Managers, however, lock-in long term commitments through power purchase agreements (PPAs) to achieve predictable outcomes. For intermittent renewables – wind and solar – prices are fixed for volumes delivered when available. This foregoes any price upside, while exposing the firms to continually renegotiate their contracts that increase uncertainties – and risks. Here’s why!       

  • COVID-19 Impact on the Global Renewable Energy Market Report 2020 - 2025 - Scenarios, Trends, Forecasts

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    /21st April 2020, MARTIN LEE WILSON, RENEWABLE MARKET WATCHTM/ This is the very first objective and in-depth report, which analyzes COVID-19 (Coronavirus) impact on the global renewable energy market by 2025 with scenarios, trends and forecasts. Through extensive research and discussions with experts in the industry, the Renewable Market Watch™ has identified a series of the established and new emerging market situations that will impact renewable energy equipment supply chain, procurement, investment volume and renewable power capacity additions by 2025 worldwide. Renewable Market Watch™ has advanced proprietary own developed software and analytical tools, which are based on artificial intelligence (AI) and neural networks for prediction and risk analysis with a focus to renewable energy and power market modelling. We have used these tools to create a new advanced econometric model of the global energy market by considering the recent power, oil and gas price dynamics. Renewable power projects are particularly vulnerable because China as one of the most affected companies, is a significant producer of solar photovoltaic modules and wind turbines. Do you want to know how the global renewable energy market shall be affected by the COVID-19 (Coronavirus)?

  • COVID-19 Impact on the Global Renewable Energy Market Report 2020 - 2025 - Scenarios, Trends, Forecasts, Investments, Renewable Market Watch

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    /11th March 2021, MARTIN LEE WILSON, RENEWABLE MARKET WATCHTM/ This is the very first objective and in-depth report, which analyzes COVID-19 (Coronavirus) impact on the global renewable energy market by 2025 with scenarios, trends and forecasts. Through extensive research and discussions with experts in the industry, the Renewable Market Watch™ has identified a series of established and new emerging market situations that will impact renewable energy equipment supply chain, procurement, investment volume and renewable power capacity additions by 2025 worldwide. Renewable Market Watch™ has advanced proprietary own developed software and analytical tools, which are based on artificial intelligence (AI) and neural networks for prediction and risk analysis with a focus to renewable energy and power market modelling. We have used these tools to create a new advanced econometric model of the global energy market by considering the recent power, oil and gas price dynamics. Renewable power projects are particularly vulnerable because China as one of the most affected companies, is a significant producer of solar photovoltaic modules and wind turbines. Do you want to know how the global renewable energy market shall be affected by the COVID-19 (Coronavirus)?

  • Croatia May Increase its Renewable Energy Capacity to 32 per cent by 2030

    /17th September 2019, RENEWABLE MARKET WATCHTM/ Croatia's energy development to 2030 and 2050 can continue at an accelerated or at a moderate pace and all options mean decarbonisation, switching to renewable energy sources and decreasing the emission of greenhouse gasses, notes an analysis called "Green Book" and published by the Hrvoje Požar Energy Institute (EHIP).

  • Croatia Solar Photovoltaic (PV) Power Market Development in the Clean Energy Transformation Context – Insights, Political Climate, Energy Strategy, Forecast, Renewable Market Watch

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    /12th May 2021, RENEWABLE MARKET WATCHTM/ This decade shall be crucial for the clean energy transformation of Croatia, reveals the Renewable Market Watch™ in its report Western Balkans Solar Photovoltaic (PV) Power Market Outlook 2021÷2030. The country has considerable potential for developing solar energy and increasing energy independence. The energy transition council of Croatian President Zoran Milanović was established in 2020 and estimated the country’s solar potential to 6.8GW. However, to harness this potential effectively, Croatia will need to adopt more ambitious solar energy targets, ensure clear renewable energy investment direction in the power sector, and develop its modern electricity grid. The clean energy transition and development of the solar power sector can contribute to GDP growth and new jobs creation. Renewable Market Watch estimates that solar photovoltaic power capacity in Croatia will increase significantly in the following years compared to its current level assuming the tendered and planned large scale projects. The abundance of solar irradiation in Croatia shall enable photovoltaic energy to become an increasingly cost-competitive power generation source and attract new investments.

  • Current State of the Solar Photovoltaic Energy Market in Romania

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    /23rd September 2019, RENEWABLE MARKET WATCHTM/ The solar photovoltaic development in Romania was started with small scale photovoltaic installations below 30 KW in 2006. Contrary to the rapid expansion of the wind market in Romania, the photovoltaic power capacity remained relatively unchanged by the end of 2011. With the introduction of support mechanisms in the law in 2008 and the subsequent amendments in 2010, 2011 and 2012, the Romanian photovoltaic energy market started growing since the second half of 2012. Thus, the country's solar PV market performed impressive growth in 2013 and was amongst the best performing solar markets in the world. Romania had a cumulative photovoltaic installed capacity of only 41MW for 2012 and only for one year, this capacity exceeded 1,293MW (1.29 GW) by the end of 2014, which was a more than a 20-fold increase from the 2012 level. Romania finished the year 2013 at fourth place in Europe by installed new photovoltaic capacity measured on a year-on-year (y-o-y) basis.

  • Czech Republic Considers Auctions (Tenders) for Large-Scale Renewable Energy Projects

    /11th October 2019, RENEWABLE MARKET WATCHTM/ The Czech Republic is in the process of preparation to start renewable energy auctions (tenders) from 2021 to meet its future targets for renewable electricity in the final energy consumption. However, solar photovoltaic (PV) energy is not included in the auctions (tenders) in the first draft of the new RES auction (tender) law. Officials from the Czech government suppose that solar PV electricity shall be fully competitive without any subsidies from 2021 and shall not need any support.

  • Czech Republic Solar Photovoltaic (PV) Power Market: Outlook 2021 - 2030 - Trends, Forecasts, Investments, Opportunities, Analysis, COVID-19 Impact

    /LONDON, August 19, 2021, 9:30 BST, RENEWABLE MARKET WATCHTM/ This market report offers an incisive and reliable overview of the photovoltaic sector of the country for the next long term period 2020 ÷ 2030. The Czech Republic is a landlocked country in Central Europe. The country is bordered by Poland to the north, Germany to the west, Austria to the south and Slovakia to the east. Its capital and largest city, with 1.3 million inhabitants, is Prague. The Czech Republic includes the historical territories of Bohemia and Moravia and a small part of Silesia. The population of the Czech Republic is 10,732,476 at the end of 2020, and 73.5 % of the population is urban (7,875,268 people in 2020). The total land area is 77,240 Km2 (29,823 sq. miles). Renewable Market Watch™ registered that after a 6-year stagnation in the solar photovoltaic market in the Czech Republic since 2018, the activity in the small scale residential and commercial segment increased. 

  • Czech Republic Solar Photovoltaic (PV) Power Market: Outlook 2022 - 2031 - Trends, Forecasts, Investments, Opportunities, Analysis, COVID-19 Impact

    /LONDON, August 10, 2022, 9:30 BST, RENEWABLE MARKET WATCHTM/ This market report offers an incisive and reliable overview of the photovoltaic sector of the country for the next long-term period from 2022 ÷ 2031. The Czech Republic is a landlocked country in Central Europe. The country is bordered by Poland to the north, Germany to the west, Austria to the south and Slovakia to the east. Its capital and largest city, with 1.3 million inhabitants, is Prague. The Czech Republic includes the historical territories of Bohemia and Moravia and a small part of Silesia. The population of the Czech Republic is 10,732,476 at the end of 2020, and 73.5 % of the population is urban (7,875,268 people in 2020). The total land area is 77,240 Km2 (29,823 sq. miles). Renewable Market Watch™ registered that after a 6-year stagnation in the solar photovoltaic market in the Czech Republic since 2018, the activity in the small-scale residential and commercial segment increased. 

  • Czech Republic Solar Photovoltaic (PV) Power Market: Outlook 2023 - 2032 - Trends, Forecasts, Investments, Opportunities, Analysis

    /LONDON, January 19, 2023, 9:30 GMT, RENEWABLE MARKET WATCHTM/ This market report offers an incisive and reliable overview of the photovoltaic sector of the country for the next long-term period from 2023 ÷ 2032. The Czech Republic is a landlocked country in Central Europe. The country is bordered by Poland to the north, Germany to the west, Austria to the south and Slovakia to the east. Its capital and largest city, with 1.3 million inhabitants, is Prague. The Czech Republic includes the historical territories of Bohemia and Moravia and a small part of Silesia. The population of the Czech Republic is 10,352,284 at the end of 2022, and 73.5 % of the population is urban (7,326,511 people in 2022). The total land area is 77,240 Km2 (29,823 sq. miles). Renewable Market Watch™ registered that after a 6-year stagnation in the solar photovoltaic market in the Czech Republic since 2018, the activity in the small-scale residential and commercial segment increased. 

  • Czech Republic Solar Photovoltaic (PV) Power Market: Outlook 2024 - 2033 - Trends, Forecasts, Investments, Opportunities, Analysis

    /LONDON, August 5, 2024, 9:30 BST, RENEWABLE MARKET WATCHTM/ This market report offers an incisive and reliable overview of the photovoltaic sector of the country for the next long-term period from 2024 ÷ 2033. The Czech Republic is a landlocked country in Central Europe. The country is bordered by Poland to the north, Germany to the west, Austria to the south and Slovakia to the east. Its capital and largest city, with 1.3 million inhabitants, is Prague. The Czech Republic includes the historical territories of Bohemia and Moravia and a small part of Silesia. The population of the Czech Republic is 10,495,295 at the end of 2023, and 73.5 % of the population is urban (7,371,120 people in 2023). The total land area is 77,240 Km2 (29,823 sq. miles). Renewable Market Watch™ registered that after a decade-long stagnation in the solar photovoltaic market in the Czech Republic since 2020, the small-scale residential and commercial segment activity increased. 

  • Czech Republic Wind Power Market: Outlook 2021 - 2030 - Trends, Forecasts, Investments, Opportunities, Analysis, COVID-19 Impact

    /LONDON, November 5, 2021, 9:00 GMT, RENEWABLE MARKET WATCHTM/ This market report offers an incisive and reliable overview of the wind power sector of the country for the next long term period 2021 ÷ 2030. The Czech Republic is a landlocked country in Central Europe. The country is bordered by Poland to the north, Germany to the west, Austria to the south and Slovakia to the east. Its capital and largest city, with 1.3 million inhabitants, is Prague. The Czech Republic includes the historical territories of Bohemia and Moravia and a small part of Silesia. The population of the Czech Republic is 10,732,476 at the end of 2020, and 73.5 % of the population is urban (7,875,268 people in 2020). The total land area is 77,240 Km2 (29,823 sq. miles). Renewable Market Watch™ registered that after a 10-year stagnation in the wind power market in the Czech Republic since 2020, the activity in the wind power sector shows signs of increase. Currently, only 0.7% of the country’s electricity is generated by wind turbines.

  • Danske Commodities signs first battery storage asset in the UK

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    /AARHUS, DENMARK, July 4, 2023, 9:30 GMT, Danske Commodities/ Energy trading company Danske Commodities announced today that it has signed a three-year optimisation agreement for the 25 MW battery storage asset, Blandford Road. The agreement marks Danske Commodities’ first battery storage customer in the UK, where the energy trader will utilise its fully automated algorithmic setup to maximise returns across wholesale and ancillary services markets. Under the agreement, Danske Commodities will provide market access, balancing and optimisation services for Blandford Road. The asset is owned by Equinor and is developed and operated by Noriker Power Limited, a British market leader in developing and operating energy assets, partly owned by Equinor (45% stake). Once operational, Blandford Road will have a capacity of 25 MW and help provide flexibility to intermittent power generation in the UK renewables market.

  • Decarbonising the industry blog series: Mobility

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    /BERLIN, October 25, 2021, 9:30 CET, EIT InnoEnergy, RENEWABLE MARKET WATCHTM/ The pandemic we are currently in is driving a multitude of changes across the world. While, undoubtedly, many of the impacts have been devastating, there are some developments which bear great promise for the future. Interestingly enough, some of the most significant and positive of these changes happen right in front of us – in our cities, particularly large and densely populated urban areas. New trends are emerging that are pushing urban centres in Europe and around the globe to adopt exciting new models that put citizens and their life quality front and centre.

  • Deputy Minister of Education and Science of Bulgaria, Mrs Marieta Georgieva: The new list of professions will meet the future needs of the renewable energy business in Bulgaria

    /SOFIA, April 24, 2024, 9:00 GMT, RENEWABLE MARKET WATCHTM/ This was stated by the Deputy Minister of Education and Science during the second edition of the career forum and exhibition "Recharge your career", dedicated to the renewable energy industry.

  • Digital Realty Invests in Photovoltaics in Germany Through a Power Purchase Agreement (PPA) with ENGIE

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    /FRANKFURT, Germany and COLOGNE, Germany, February 2, 2023, 7:00 ET, PRNewswire/ Digital Realty and ENGIE have signed a 10-year power purchase agreement (PPA) for a 116 megawatts (MW) share of a new 154 MW ground mounted solar photovoltaic project. Digital Realty's offtake commitment, estimated at 120 gigawatt hours (GWh) per year, supports the construction of the new solar park to be built by CEE Group, an infrastructure fund specializing in renewable energy projects. Located in Brandenburg in the northeast of Germany, the solar park is scheduled to start operation in late 2023.

  • DTEK Group Invests in a 126MW Solar Photovoltaic Power Plant Project in Romania Through its Subsidiary DRI

    /BUCHAREST, June 18, 2024, 9:00 BST, DTEK/ DRI, the EU renewable energy arm of the DTEK Group, continues to invest in Romania by purchasing a 126MW solar park project in Văcărești, Dâmbovița county, from local developers. This is the third renewable energy project in Romania and another step towards its goal of achieving 1 GW of renewable energy in the country by 2028.

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