Renewable energy PPAs (Power Purchase Agreement) are here to stay. For they decarbonize company operations and are too powerful a price hedging tool for corporates, traders, or utilities to avoid. Europe, in fact, recorded the highest yet, with the volume of PPAs signed in 2021 surpassing 3.5 GW over 2020 figures. Here are some of the biggest PPAs (power purchase agreement) that have grabbed the headlines, in no particular order. Â
- January 18, 2022
10% of the world’s electricity is nuclear and comes from 443 reactors. Recent studies show 54 more units are under construction in 20 countries, including China, India, Russia, South Korea, United Arab Emirates (UAE), Finland, and France. But in terms of the percentage of nuclear generation, France sits on top at 70%. Here is a look at the top countries in terms of the percentage of nuclear power generation.
- January 5, 2022
Europe is seeing a gas price surge five times the average. The continent has historically depended on gas fuel - a fifth of its energy- especially during the winters when other sources of energy aren’t reliable. Yet, most of it comes from outside Europe, especially from Russia (via the Nord Stream). We have rounded the top importers in Europe and where they get their gas from.
- January 5, 2022
The Australian government has announced that it is funding new large scale batteries to deliver Australian households and industry reliable and affordable electricity. Through the Australian Renewable Energy Agency (ARENA), the Australian government is providing $100 million in grants for large-scale battery energy storage projects of 70MW or larger to provide essential system stability services to the electricity grid.
- December 24, 2021
Equinor, Shell, TotalEnergies, Gassco and classification society DNV announced a JIP to develop new marine solutions for the transportation of carbon dioxide without the use of pipelines. The CETO (CO2 Efficient Transport via Ocean) JIP will design a low-pressure ship and identify solutions to scale up carbon dioxide transportation volume, while reducing the associated risks, to support the development of opportunities in carbon capture and storage.
- December 23, 2021
The European Commission is expected to publish its "sustainable finance taxonomy", a set of long-anticipated rules on which businesses can attract climate-friendly investments in January 2022. Discussions between member states and the EU have been circling majorly around whether nuclear energy and natural gas will be identified as climate-friendly investments.
- December 21, 2021
Unprecedented weather changes and affects from COVID may have backtracked the power companies. 2021, though, showed encouraging signs for most of the companies globally.
- December 17, 2021
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By firmly expanding their presence in the renewable energy sector, most of the top utility companies aim to be the world’s largest energy producers (outside of China). And it seems to work. Here are the top utility companies in Europe, their value and what they are up to.
- December 17, 2021
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NBN Co, Australia's Broadband Network Corporation has announced its Towards-Zero Carbon Ambition and membership of the global RE100 renewable energy initiative. RE100 is a global initiative bringing together the world’s most influential businesses committed to 100% renewable power.
- December 14, 2021
Renewable energy projects across Great Britain can now bid for funding in the 4th round of the Contracts for Difference (CfD) scheme, which is aiming to secure 12GW of electricity capacity - more renewable capacity than the previous 3 rounds combined. The additional offshore wind capacity resulting from the funding alone could generate enough electricity to power around 8 million homes.
- December 13, 2021
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