European Union

/21st December 2020, RENEWABLE MARKET WATCHTM/ The technical and economic potential for clean power generation from solar PV, wind, and bioenergy in Ukraine is considerable. Broader development of renewable energy would also play an essential role in existing policy goals of reducing the dependency on imported natural gas and diversification of the more secure energy supply. Ukrainian solar and wind power sectors scored remarkable progress between 2012 and 2020. 

/7th December 2020, Brussels/ Corporate Cumulative PPA capacities in Europe: So far, Europe has seen a cumulative 11.1 gigawatt (GW) of contracted renewable energy power purchase agreements (PPAs) by volume. That’s a significant increase compared to the 2.2 GW of cumulative PPA capacity in 2016. There is an increasing trend in PPAs signed in Europe annually (s. Figure 1) with a total of 145 PPAs signed in Europe to date. The demand for renewable energies spans across Europe with PPAs signed in as much as 13 different countries: Italy, Poland, France,…

/7th December 2020, Brussels/ Corporate renewable electricity sourcing in Europe has shown continuous growth despite the COVID-19 pandemic, demonstrating the resilience and potential of Europe’s renewable energy sector. In November 2020, the cumulative contracted volume of corporate renewable power purchase agreements (PPAs) in Europe reached the 11 GW mark, up from just 2.2 GW by the end of 2016 and with a record 3 GW contracted in 2020 alone. This shows that more and more companies are stepping up to the challenge of reducing carbon emissions with renewable electricity, in line…

/30th November 2020, RENEWABLE MARKET WATCHTM/ Solar energy is the fastest-growing and lowest cost source in the world. In Europe, solar capacity increased by 36 percent to 8.5GW in 2018. However, 2019 was a huge success for the European solar PV market with a 104 percent increase of newly installed solar PV capacity (16.7GW) compared to 2018 (8.5GW), according to the Europe Solar Photovoltaic (PV) Power Market Outlook: 2020 ÷ 2030. Cumulative installed solar capacity in Europe reached 131.9GW by the end of 2019, which is a 14 percent increase compared…

/18th November 2020, Priyanka Shrestha, Energy Live News/ The UK has launched research into whether solar power in space could offer the potential for an unlimited and constant zero carbon source, backed by the government and the Space Agency. The government is commissioning the project into space-based solar power (SBSP) systems that would use very large solar satellites to collect renewable energy, convert it into radio waves and safely beam it back to ground-based receivers connected to the electric grid..

/26th October 2020, RENEWABLE MARKET WATCHTM/ This is the first-ever made the thorough and detailed market report, which offers an incisive and reliable overview of the solar photovoltaic sector of Central East Europe (CEE) and South-East Europe (SEE) countries for the next long term period 2020 ÷ 2030. The number of fully permitted and ready to build projects is promptly increasing. This study is intended to provide the reader with an overview of the economics and regulation of the industry. The rooftop market segment in many countries is not developed and forecasted…

/8th December 2020, Brussels/ The RE-Source Platform launched today a new report revealing the significant untapped potential and value for corporates in deploying renewable electricity and storage installations on commercial and industrial (C&I) buildings or within their premises.

/5th October 2020, The European Commission, RENEWABLE MARKET WATCHTM/ In response to a call for applications on 18 June 2020, the Commission selected 50 members and 10 special observers on the basis of their environmental, sustainable finance or social/human rights expertise. At the beginning of this month, the European Commission published the list of members of the Platform on sustainable finance. The platform will advise the Commission on the development of technical screening criteria for the EU taxonomy, and policy development, amongst other things, as required by the taxonomy Regulation.

/1st October 2020, EBRD, RENEWABLE MARKET WATCHTM/ The EU has one of the most ambitious energy and climate policies in the world. Its clean energy transition is well underway. "I am glad that benefits already can be seen in terms of "greening" of economies, less dependency on imported fuels, and greater domestic investments in ecologically sound approaches", said Christian Danielsson, Director General for European Neighbourhood Policy and Enlargement Negotiations.