Marek Miara

Yesterday, SolarPower Europe released yet another very interesting report showing how important it is to accelerate electrification and increase grid flexibility with e.g. batteries: https://lnkd.in/dCbY8dQT As it appears from the figure below, the potential multi sector operation cost savings from increasing electrification and increasing flexibility are immense:

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Our New – #Business #Energy Market #Report is #live – As Jun24 saw the continuation of increased wholesale price movements across both tracked #gas and #power contracts, similar to the movements seen in April and May – with below-average temperatures for the majority of the month keeping a steady level of heating demand on the system, which would typically be lower at this time of the year.   Across the month, we saw day-ahead gas register a 6.8% gain month-on-month to average 81.95p/th. Similarly, front-month contracts registered price increases, up on average by 5.1% when compared to May24, with Jul24 seeing a 5.9% rise to 81.25p/th, and Aug24 growing 4.3% to 82.65 p/th. Gains were supported by restricted gas supply from the Norwegian and UK Continental Shelves acting to tighten system conditions, and as result of continued outages across several large Norwegian gas fields, shorter-dated gas contracts registered gains.   Moreover, prices found support from an outage across the Wheatstone LNG processing facility in Australia, which acted to impact global LNG supply levels and lead to increased Asian cargo competition. Longer-term contracts found support from the increased Asian cargo competition as competition for the procurement of LNG grows, however this remains subdued by strong gas storage stocks across Europe.   Seasonal gas contracts from Win24 to Win26 were, on average 2.5% higher in Jun24 when compared to May24 – despite some risk removed from these contracts as European gas storage levels remain well stocked. In continuation, more notable price gains across front-month contracts were offset by the notable stockpiles of European gas, which currently sit at 76% at the time of writing – boosting gas supply amid reduced Norwegian output.   This trend is anticipated to continue as the summer months progress and temperatures remain elevated – acting to lower gas-for-heating demand.   Rising front-month contracts in gas provided a bullish price direction for power to follow – with day-ahead power prices registering a 5.0% gain month-on-month to average £75.58/MWh. Additionally, these gains can also be attributed to tightened system margins following decreased gas supply, an outage across the Hartlepool 1 nuclear reactor, and below-average temperatures.   Similarly, both front-month power contracts registered gains, as Jul24 rose 4.3% to £74.32/MWh, and Aug24 grew 3.7% to £73.78/MWh. Moreover, much like its gas counterpart, seasonal power prices saw a collective upwards movement – rising 1.6% on average. Win 24 traded as the premium market, seeing a 3.0% increase to average £88.83/MWh.

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Below a a link to recommended summer reading for decision makers at European grid system operators and regulators being tired of rejecting grid access and considering how to deal with a 225 to 1,150 GW solar PV increase from 2025 to 2050? Working in a utility investing in a European solar PV and storage where challenge No. 1 for adding more renewables and storage is grid capacity, it is amazing to read this new report not just looking at possible super conductor technologies for the next decade but also mature solutions available for grid operators to increase capacity within a year or three. E.g.: - storage as a transmission asset (SATA) which also can be conducted with private battery energy storage system (BESS) investors making it possible for system operators to loosen their back-up (N-1) reservations and increase supply and demand instead - flexibility management software solutions utilising the flexibility of BESS, interruptible solar PV, heat pumps and other assets to increase flexibility and capacity in the grid - the German NOVA principle: grid optimisation has priority over grid reinforcement, which has priority over grid expansion. We will need both expansion, reinforcement and optimisation to get to 2050 but to realise the opportunities of tomorrow before 2030, more optimisation and reinforcement is needed.

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Happy Friday! Check out this exciting development in solar technology! 💡 A German research team is testing innovative solar modules with integrated radio technology to create a communicative network. These "communicative" panels aim to simplify the monitoring and control of small-scale photovoltaic systems. Installed on the roof of the Institute for Solar Energy Research (ISFH) in Hamelin, Germany, these panels form a mesh network that allows for real-time communication between modules. The project, funded by the German Federal Ministry for Economic Affairs and Climate Protection, focuses on building-integrated photovoltaic (BIPV) applications. By integrating inverters and digital technology directly into the modules, the team aims to enhance reliability, efficiency, and cost-effectiveness. Wireless communication and flexible network setups facilitate quick installation and potential cost savings in future production. Key innovations include micro inverters, radio technology operating in the 2.4 GHz band, and wireless software updates. The research demonstrates improved module stability and communicative self-optimization, with real-time data on module performance accessible from multiple locations. #SolarEnergy #Innovation #RenewableEnergy #PVTech #SmartSolar #CleanEnergy #Sustainability #EnergyTech #GreenTech Check out the full article for more details: https://lnkd.in/g8Sc9b4U

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2024 has seen a sharp increase in negative prices across European power markets. This reflects a growing surplus of power in periods of high wind & solar output. Rapid growth in low & negative prices has important commercial implications. For example they: 💡 support the value of storage & electrolyser assets which benefit from cheap power & price volatility 💡 act to increase balancing risks for wind & solar assets 💡 erode the margins of thermal assets (e.g. gas & nuclear) 💡 increase incentives for demand-side management.

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🔍 Spotlight on Europe's Energy Future: New Climate Risk Study Our recent collaboration with Guidehouse reveals critical insights for Europe's power sector: 🔥Heat waves: A game-changer for plant operations by 2060 💧Precipitation extremes: Reshaping infrastructure needs 🌎 Regional disparity: Southern Europe in the climate crosshairs These findings emphasize the need for forward-thinking risk management in energy infrastructure. Curious about the implications for your assets? Explore the in-depth analysis: https://lnkd.in/gFbJkemd #ClimateAdaptation #EnergyResilience #RiskManagement #ClimateRisk #EnergyInfrastructure #ClimateResilience #SustainableEnergy #Sustainability #CSRD #JupiterIntelligence

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Aurora Energy Releases European Renewables Co-Location Report Report Finds Germany, Great Britain, Ireland, Poland As Top 4 Markets For Co-Location https://lnkd.in/eYNzSd9Z * Aurora Energy Research examines 12 European countries for Renewables Co-location report * Forecasts 421 GW by 2030, and feels incentivising co-location of RES assets the way ahead * Four top markets for co-location are Germany, Great Britain, Ireland and Poland #AuroraEnergyResearch #EuropeanRenewablesColocationReport #RenewablesColocationreport

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🌱⚡ GMH Gruppe and ENGIE have conducted a Power Purchase Agreement to supply renewable energy with Guarantees of Origin (GoOs). The PPA aims to fully power the inducive single-bar tempering plant (EVA) at the Georgsmarienhütte site with 100% renewable energy.​ ​ Two domestic plants will supply green electricity: a wind farm that no longer receives subsidies under the German Renewable Energy Sources Act (EEG) and a newly built solar farm.​ ​ For GMH Gruppe, the PPA is another important step in its transformation towards climate-neutral steel production. By using the EVA, and the associated switch from natural gas to electricity in the heat treatment of steel, more than 10,000 tons of CO2 can be saved over the next ten years.​ ​ As the world's leading provider of PPAs, ENGIE supports companies on the path to decarbonization. Our Group is among the top three portfolio owners of post-EEG plants in Germany and is strongly committed to expanding renewable energy sources.​ ​ 🔎 Official press release: https://lnkd.in/e4B3as5i 🔎 All our solutions in Germany: https://lnkd.in/efpEyDya​ ​ #WindEnergy #SolarEnergy #Sustainability #RenewableEnergy #Germany | ENGIE Deutschland

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Sustainable Energy is key to a Greener Future! Ahead of #COP29 we spotlight 🇪🇺 #TeamEurope initiatives for #ForOurPlanet. In 🇵🇰, 🇩🇪 Germany is driving progress in #EnergyEfficiency with projects like Municipal Energy Management System funded by Federal Ministry for Economic Cooperation and Development (BMZ), implemented by GIZ Pakistan Result 👉 2000 MWh⚡️saved with low-cost energy efficiency measures. EU Environment and Climate Climate Adaptation Research Program

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SolarPower Europe publishes guide for agrivoltaics: SolarPower Europe has released a handbook on agrivoltaics, detailing agrisolar archetypes, business cases, agricultural and environmental factors, and real-life project examples. It also urges European policymakers to boost support for agrisolar development. #RenewableEnergy #Solar #EnergyTransition

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A new solar farm project in Germany, boasting a capacity of 605 megawatts (MW), has emerged as Europe’s largest, surpassing Spain's Núñez Balboa PV plant. An extra 45 MW capacity will be added to the solar farm by the end of June. Located on the grounds of the former Witznitz II open-cast brown coal mine, the solar farm spans over 500 hectares (1230 acres). It is anticipated to generate sufficient clean energy to meet the needs of approximately 200,000 households and contribute to an annual reduction of 250,000 tonnes of CO2 emissions. Review the source for a better perspective: https://lnkd.in/edM2E53K #climateaction #sustainability #solarpower

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Transforming the energy landscape! Leipziger Stadtwerke has begun construction of Germany's largest solar thermal energy plant, setting a new benchmark for climate neutrality. The plant will cover 20% of Leipzig’s daily heating needs, while the site harmoniously promotes biodiversity, shaping a sustainable model for the future. Learn more about this breakthrough in #renewableenergy and #sustainability 👇 https://lnkd.in/esKxFrem #RenewableEnergy #Sustainability #ClimateAction

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ECMWF sticks to its mild weather forecasts #EnergyMarket #GasPrices #TTF Some analysts and news outlets stipulate freezing temperatures in the coming weeks. But the benchmark forecasts by ECMWF still predict temperatures across western Europe above normal until Xmas (weekly anomalies on average). Andreas Seegers Harald Petersen Seb Kennedy Javier Blas Today's charts by ECMWF:

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𝐀𝐠𝐫𝐢𝐯𝐨𝐥𝐭𝐚𝐢𝐜𝐬 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐅𝐨𝐫𝐮𝐦 𝟐𝟎𝟐𝟒: 𝐀𝐠𝐫𝐢𝐜𝐮𝐥𝐭𝐮𝐫𝐚𝐥 𝐏𝐕 𝐂𝐨𝐧𝐭𝐢𝐧𝐮𝐞𝐬 𝐭𝐨 𝐆𝐚𝐢𝐧 𝐆𝐫𝐨𝐮𝐧𝐝 𝐢𝐧 𝐄𝐮𝐫𝐨𝐩𝐞 💡 With the impact of the climate crisis worsening, agricultural PV is becoming increasingly important because it makes agriculture more resilient while producing climate-friendly electricity on farmland. That was the consensus among the participants of the second Agrivoltaics Industry Forum, held in Madrid, Spain, on November 5–6. Key industry topics on the forum included: 👉 EU-wide regulations for agricultural PV 👉 Ways to standardize and replicate successful projects 👉 Technological advancements in software and hardware Read the event review here: https://bit.ly/3Csfmt6 #Solarenergy #TheSmarterE #Solar #PV Conexio-PSE SolarPower Europe

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🌬️ 𝐁𝐫𝐞𝐚𝐤𝐢𝐧𝐠: 𝐆𝐞𝐫𝐦𝐚𝐧 𝐆𝐢𝐚𝐧𝐭 𝐖𝐏𝐃 𝐭𝐨 𝐇𝐚𝐫𝐧𝐞𝐬𝐬 𝐈𝐧𝐝𝐨𝐧𝐞𝐬𝐢𝐚'𝐬 𝐖𝐢𝐧𝐝 𝐏𝐨𝐰𝐞𝐫! 🇩🇪 🇮🇩 Germany's renewables powerhouse wpd GmbH is set to revolutionize Central Java's energy landscape! Their ambitious 450 MW wind farm project in #Brebes Regency isn't just hot air - it's backed by two years of solid data confirming the area's exceptional wind potential. "We are currently developing a wind farm project in Brebes Regency. There is a potential of 450 MW. We have been doing measurements for almost two years, so we can confirm the wind potential here," says Gerry Julian, Country Director of WPD Indonesia Energy. With feasibility studies complete and forestry permits secured, #WPD is charging full speed ahead towards a greener #Indonesia! Want the inside scoop on Indonesia's renewable energy revolution? 🚀 Read the full story on: https://lnkd.in/gCcAu9w9 Uncover the full story and its potential impact on Indonesia's renewable energy landscape exclusively on Petromindo.com. Subscribe to Petromindo's premium news service for unparalleled insights and analysis. Stay ahead of the curve in Southeast Asia's dynamic energy sector. #IndonesiaRenewables #WindEnergyInvestment #CleanEnergyJava #WPDIndonesia #SustainablePowerProjects #AseanEnergyTransition #PetromindoExclusive

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