Europex - Association of European Energy Exchanges’ Post

𝗛𝗼𝘄 𝗰𝗮𝗻 𝗖𝗼𝗿𝗽𝗼𝗿𝗮𝘁𝗲 𝗣𝗼𝘄𝗲𝗿 𝗣𝘂𝗿𝗰𝗵𝗮𝘀𝗲 𝗔𝗴𝗿𝗲𝗲𝗺𝗲𝗻𝘁𝘀 𝗿𝗲𝘃𝗶𝘁𝗮𝗹𝗶𝘇𝗲 𝘁𝗵𝗲 𝗘𝘂𝗿𝗼𝗽𝗲𝗮𝗻 𝗲𝗹𝗲𝗰𝘁𝗿𝗶𝗰𝗶𝘁𝘆 𝗺𝗮𝗿𝗸𝗲𝘁? illuminem Voice, Jean-Baptiste Vaujour, an energy economist and professor, explores how Corporate Power Purchase Agreements (CPPAs) are pivotal for the EU's electricity market reform. By offering long-term contracts between power producers and corporate consumers, CPPAs help stabilize prices and support renewable energy financing despite their complexity. 𝗞𝗲𝘆 𝗣𝗼𝗶𝗻𝘁𝘀: 📉 Mitigate market and volume risks 📊 Stabilize electricity prices 🌿 Support renewable energy financing 📈 Overcome traditional market limitations Read the full article: https://lnkd.in/ek5tkD8f Stay informed with our newsletter: https://lnkd.in/dTdMp9j #Sustainability #Energy #RenewableEnergy #ElectricityMarket #CPPAs #JeanBaptisteVaujour

💡The new EU electricity market rules enter into force today. The reform was first proposed by the European Commission in March 2023 as part of the Green Deal Industrial Plan. The revised rules aim to make the EU energy market more resilient and the energy bills of European consumers and companies more independent from the short-term market price of electricity. The reform will also incentivise the deployment and integration of more renewable energy sources, in line with the #energytransition and #energysecurity objectives. Find out more at this link: https://lnkd.in/dR5NWYXU

Ea Energy Analyses advises the Irish Government on its Hybrid Interconnector policy design As Ireland transitions away from a developer-led towards a plan-led model for Offshore Renewable Energy (ORE), in which the state obtains a pivotal role, a series of policy and regulatory reforms has become necessary. Ea Energy Analyses was responsible for providing recommendations to set up the appropriate policy framework for hybrid interconnections, which are electricity infrastructure that serves the dual purpose of transporting electricity to demand centres and interconnecting adjacent bidding zones. Hybrids – which are also known as Multi-Purpose Interconnectors (MPIs) in other jurisdictions – are considered as an important first step in the process of establishing an offshore meshed grid. The final report was recently published. You can read about the main recommendations and find the full report on our website here: https://lnkd.in/dzrsmyJp For more information, get in touch with Ea consultant Luis Boscán, Ph.D.

Be part of our APAC #power webinar on October 29, where our experts will delve into the exciting future of renewable energy certificates (RECs) in the region. As we anticipate a remarkable fourfold increase in renewable energy by 2050, we will discuss key elements shaping REC prices, transaction models, and vital policy changes in markets like Japan, China, South Korea, and Australia. Don’t miss this opportunity to engage in the energy transformation! https://okt.to/3qhcfX

𝐇𝐨𝐰 𝐭𝐨 𝐢𝐧𝐜𝐞𝐧𝐭𝐢𝐯𝐢𝐬𝐞 𝐡𝐲𝐛𝐫𝐢𝐝 𝐢𝐧𝐭𝐞𝐫𝐜𝐨𝐧𝐧𝐞𝐜𝐭𝐢𝐨𝐧𝐬 𝐢𝐧 𝐈𝐫𝐞𝐥𝐚𝐧𝐝 🇮🇪? A few days ago, the Irish government published the five final reports on “𝘛𝘩𝘦 𝘔𝘰𝘷𝘦 𝘵𝘰 𝘢 𝘗𝘭𝘢𝘯-𝘓𝘦𝘥 𝘙𝘦𝘨𝘪𝘮𝘦 𝘧𝘰𝘳 𝘵𝘩𝘦 𝘋𝘦𝘷𝘦𝘭𝘰𝘱𝘮𝘦𝘯𝘵 𝘰𝘧 𝘖𝘧𝘧𝘴𝘩𝘰𝘳𝘦 𝘙𝘦𝘯𝘦𝘸𝘢𝘣𝘭𝘦 𝘌𝘯𝘦𝘳𝘨𝘺 𝘪𝘯 𝘐𝘳𝘦𝘭𝘢𝘯𝘥” (all reports can be accessed here: https://lnkd.in/e-hm7NSw) The project was financed through a Technical Support Instrument (TSI) awarded by the European Commission (DG REFORM) in which the beneficiary was DECC (Department of the Environment, Climate and Communications). Ea Energy Analyses contributed to this project by providing tailor-made expertise on the appropriate policy framework for hybrid interconnections in Ireland. Our main recommendations revolved around four main topics: 🔹 Transmission planning 🔹 International cooperation 🔹 Financing of transmission assets 🔹 Market design The full report on hybrid Interconnection policy can be found on this link: https://lnkd.in/dyadKUFk #Europe 🇪🇺 #Ireland 🇮🇪 #Hybrid #Interconnectors #OffshoreWind #Renewables

The Middle East is on course to take $75.63 billion of investment in renewable energy projects through to 2030, according to a new report released by the Energy Industries Council, one of the world's largest energy trade associations for companies supplying goods and services to the energy industries worldwide. These investments involve 116 renewable energy projects, which are tracked by the EICDataStream database, and forecasted to come on stream between 2025 and 2030. Read more on https://lnkd.in/dWZCG2Yt #OGNews

OGN Energy and the Middle East Vision 2030 – Shaping the Future of Energy The Middle East's Vision 2030 is set to transform the energy landscape, and OGN Energy is at the forefront of this transformation. With a strong focus on sustainability, innovation, and diversification, OGN Energy is playing a critical role in driving the region toward a more balanced and renewable energy mix. Here’s why this matters: Sustainability Focus: With Vision 2030, the Middle East is moving away from a heavy dependence on oil to embrace renewable energy solutions. Diversified Energy Sources: OGN Energy is leading the way with projects in solar, wind, and other renewable sectors, ensuring energy security for the future. Economic Growth: The energy transformation will not only secure the region’s energy needs but also open up significant economic opportunities and create new jobs. As OGN Energy continues to align with Vision 2030, this is an exciting moment for innovation and growth in the region’s energy sector. #Vision2030 #OGNEnergy #MiddleEastEnergy #RenewableEnergy #Sustainability #EnergyTransformation #EconomicGrowth #FutureOfEnergy #InnovationInEnergy #CleanEnergySolutions

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The Middle East is on course to take $75.63 billion of investment in renewable energy projects through to 2030, according to a new report released today (September 17) by the Energy Industries Council, one of the world's largest energy trade associations for companies supplying goods and services to the energy industries worldwide. Read more on https://lnkd.in/daCV9uHu #OGNews

EMA Regulatory Update! The Central Government has introduced amendments to the Electricity (Promoting Renewable Energy Through Green Energy Open Access) Rules, 2022. The changes aim to streamline access to renewable energy sources while incentivizing environmentally friendly practices. Key Points: Revised Entity Eligibility: In the revised amendments "entity" now includes consumers with a contracted demand or sanctioned load of 100 kW or more are eligible for Green Energy Open Access captive consumers. There are no load limitations of power supply for captive consumers under Green Energy Open Access. Surcharge Exemption: Additional surcharges are not applicable for electricity produced from offshore wind projects commissioned by December 2032, supplied to Open Access Consumers. https://lnkd.in/dKVMZYx2 #emasolutions #regulatoryupdates #powermarkets #electricity #energy #power