Tag: co2

11
Dec

Wind, solar could be self-financing by 2025 under current European electricity market design

According to the Centre on Regulation in Europe (CERRE), Large-scale solar and wind power projects may already be able to compete in Europe’s wholesale electricity market in 2025. Lower capital costs for large-scale wind and solar projects, and much higher fossil fuel and carbon prices could lead to renewables becoming self-financing by 2025. If these conditions do not materialize, more auctions and tenders may still be needed.

In our opinon at cellution battery technology can help developing more economical models for wind and solar energy in the future and may enable renewables even befor 2025 to compete with conventional energy applications.

Read the full article on PV Magazine

Wind, solar could be self-financing by 2025 under current European electricity market design

 

3
Dec

EU Commission presents plan to go carbon neutral by 2050

As part of its Paris Agreement obligations, the EU Commission has presented a carbon-neutral vision for 2050, which encompasses GDP growth through smart investments and public health savings.

It is still just a vision and has yet to be approved by the relevant authorities. To this end, the commission has invited the European Council, the European Parliament and the Committee of Regions, as well as the Economic and Social Committee to attend a conference on May 9, 2019, in Sibiu, Romania.

Read the full article on PV Magazine

EU Commission presents plan to go carbon neutral by 2050