Grid flexibility is vital to enabling the energy transition in Europe, and something we at RPC are always looking to contribute to as we grow our footprint. That’s why we’re thrilled to announce that our Merkkikallio wind farm is now successfully participating in the Manual Frequency Restoration Reserve (mFRR) down regulation market in Finland – a service dedicated to balancing the Finnish electricity grid. Finland has undergone an exciting and rapid expansion in its clean energy sector, meaning flexibility services that can support grid management are more important than ever. RPC’s participation in the mFRR market will help ensure that renewables effectively play their role in the Finnish energy system of the future, and for us marks a significant milestone in our Nordic portfolio. This important step is testament to the long-term relationships we forge, as RPC and our partner Alpiq work together to optimise Merkkikallio’s operations.
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This is an important development - in a decarbonised electricity system, where will balancing services come from if not renewable generators (and batteries)? A great achievement by our Power Markets team - Tomas Tuominen, Agustín Seseña Carrillo & Lucia Fuentes with support from their colleagues in Asset Management & Legal. This ties into something we'll likely touch on at the Renewable Energy Revenues Summit Series tomorrow. How do you set up your PPA to allow this participation? From the offtaker's perspective (assuming a pay-as-produced structure) you're reducing the quantity of GOOs they receive, so they may not be so happy. On the other hand, the price of a downregulation service is likely to be higher in periods of high wind production, which probably means power prices are relatively low, and so from a settlement perspective, perhaps they would rather that you weren't delivering in those hours? Thoughts on a postcard ...
Grid flexibility is vital to enabling the energy transition in Europe, and something we at RPC are always looking to contribute to as we grow our footprint. That’s why we’re thrilled to announce that our Merkkikallio wind farm is now successfully participating in the Manual Frequency Restoration Reserve (mFRR) down regulation market in Finland – a service dedicated to balancing the Finnish electricity grid. Finland has undergone an exciting and rapid expansion in its clean energy sector, meaning flexibility services that can support grid management are more important than ever. RPC’s participation in the mFRR market will help ensure that renewables effectively play their role in the Finnish energy system of the future, and for us marks a significant milestone in our Nordic portfolio. This important step is testament to the long-term relationships we forge, as RPC and our partner Alpiq work together to optimise Merkkikallio’s operations.
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In the energy system, flexibility is not usually associated with renewables. Check out what Mikko Salminen and his team have achieved with wind asset. #flexiblity #renewables #windpower
Grid flexibility is vital to enabling the energy transition in Europe, and something we at RPC are always looking to contribute to as we grow our footprint. That’s why we’re thrilled to announce that our Merkkikallio wind farm is now successfully participating in the Manual Frequency Restoration Reserve (mFRR) down regulation market in Finland – a service dedicated to balancing the Finnish electricity grid. Finland has undergone an exciting and rapid expansion in its clean energy sector, meaning flexibility services that can support grid management are more important than ever. RPC’s participation in the mFRR market will help ensure that renewables effectively play their role in the Finnish energy system of the future, and for us marks a significant milestone in our Nordic portfolio. This important step is testament to the long-term relationships we forge, as RPC and our partner Alpiq work together to optimise Merkkikallio’s operations.
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Ventolines is primarily known because of the A-Z project development and realisation of large windfarms such as Windpark Fryslân and Windplan Groen. . Perhaps less known are our system integration and specifically battery projects. That will probably change quickly as we are currently developing 27 battery projects for 16 unique customers in the Netherlands alone. The total capacity of these batteries exceeds 2GW and individual projects range from 5MW to 500MW 🔋 📈 A number of projects has just reached financial close or is expected to do so this year and will move on to the construction phase next year. Others, such as Energy Storage Westermeerdijk are in the middle of permitting procedures: https://lnkd.in/e39A3RAR Energy storage is desperately needed for a successful energy transition. Through our work on batteries we’re doing our part and help accelerate the transition to a more sustainable energy system. NedZero - Trade Association for Wind Energy Energy Storage NL Nederlandse Vereniging Duurzame Energie (NVDE) #movingforwardwithrenewableenergy #energystorage #energytransition #batteries #renewableenergy
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Vice President, Global Head of Renewable Energy, AFRY | Driving Profitability and Growth | Sustainable Energy Strategist | Dynamic Executive Leader
Exciting news from the European energy industry! The European #SolarCharter has been signed, marking a significant step towards boosting #SolarManufacturing within the #EU. This initiative not only supports the growth of solar energy production but also underscores the region's commitment to transitioning towards cleaner, #RenewableEnergy sources. By promoting local manufacturing and enhancing solar installation capacity, the charter paves the way for a more sustainable energy future in Europe. This development is a shining example of the region's dedication to renewable energy and its potential for growth, alongside wind energy initiatives. With a focus on innovation and sustainability, the European #EnergyIndustry is set to flourish, driving positive change for both the environment and the economy.
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We asked parties of the Internatioal Responsible Business Conduct Agreement to share their experiences on why they have joined this Agreement. Dutch industry association for wind energy - NedZero shares the reason why the wind industry initiated the RBC Agreement. Read the full interview below #wind #renewables #responsiblebusiness
Meet Mike Zwart, the new director of NedZero - Branchevereniging voor windenergie, who took charge at the start of 2024 👉https://lnkd.in/eDCeEHjE From day one, he dived in with enthusiasm, eager to drive change in the wind energy sector. In a recent interview, which you can read via the link above, Zwart shares his passion for pushing forward the energy transition and boosting sustainability efforts. NedZero, previously known as the Dutch Wind Energy Association (NWEA), is a leading force behind the International RBC Agreement for Renewable Energy. This initiative brings together 53 international companies, industry associations, governments, knowledge institutions, and NGOs, all working together to make responsible business conduct the standard in the renewable energy sector. The Agreement is now in its second year and making significant progress. #IMVO #MVO #IRBC #RBC #renewable #energy
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Exploring energy standards across continents. Here’s what I’ve learned from working in Australia, Italy, and beyond. In Australia, the National Energy Productivity Plan aims for a 40% improvement by 2030, focusing on significant energy efficiency and a rapid expansion in renewable energy, with renewables expected to generate 83% of electricity by 2030. Meanwhile, Italy is advancing towards carbon neutrality with a strong push on renewable installations and reducing energy consumption, especially through building energy efficiency, aiming for substantial emissions reductions by 2050. Both nations are adapting quickly to global energy challenges, enhancing both energy security and sustainability. #GlobalStandards #EnergySector #RenewableEnergy #Sustainability #GlobalStandards #EnergySector
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🌟 Exciting News! 🌟 We are happy to announce our renewed partnership with Aqualectra to support the decarbonisation of the beautiful island of Curaçao in the Caribbean. 🌎 The latest project involves a new 38 MW power plant equipped with 4 Wärtsilä 32 engines. The Salu Power Plant will provide efficient grid balancing as the level of renewable energy in the system increases. This plant will immediately become one of Aqualectra’s most fuel-efficient plants. In May Aqualectra placed an order with Wärtsilä for a Battery Energy Storage System (BESS) as well as Wärtsilä’s GEMS Digital Energy Platform. 🔋This marked a significant step towards a sustainable energy future for Curaçao. 🌱 💬Risto Paldanius, Vice President, Americas says: “Aqualectra’s strategic objective is to provide the community with affordable, sustainable, and reliable electricity. Wärtsilä’s solutions will support all of these objectives through reducing the cost of generation, enabling the integration of renewables, while providing high reliability.” Read more about how we are powering sustainable change in our latest announcement: https://ow.ly/S1a030sHa4k #WartsilaEnergy #Sustainability #Reliability #RenewableEnergy
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In Southeast Asia, there is a pressing need to shift towards sustainable energy. But why is interconnectivity important? Why is the ASEAN Power Grid (APG) considered crucial in Southeast Asia's energy transition? Our latest blog co-authored by Nadhilah Shani, an expert in Power and Renewable Energy Policy from the ASEAN Centre for Energy, and Peter du Pont, Co Founder and Co-CEO from Asia Clean Energy Partners, delve into the pivotal role of power interconnectivity in Southeast Asia's energy transition. 👉 Full blog: "Empowering Southeast Asia's Green Future: The Vital Role of the ASEAN Power Grid in Regional Energy" Read the article at: https://lnkd.in/ggj97iMf 👉 Visit SIPET’s blog for more articles and insights on energy transition in the region: https://lnkd.in/ec8jdfRX #SIPET #EnergyTransition #ASEANPowerGrid
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Statkraft, Europe's largest producer of renewable energy, has recently unveiled its plans to invest in Norwegian hydro and wind power. This move underlines the company's commitment to furthering sustainable energy solutions and reducing carbon emissions. With Norway being a powerhouse in renewable energy, this investment will not only bolster the country's position as a global leader in the sector but also contribute to the ongoing transition towards a greener future. The investment in Norwegian hydro and wind power aligns with the growing demand for clean energy sources, and Statkraft's proactive approach is a testament to their dedication to meeting these needs. By focusing on expanding their renewable energy portfolio, the company is poised to make significant strides in driving the energy transition and promoting a more sustainable and environmentally friendly way of powering the world. This initiative not only sets a commendable example for other companies within the industry but also reinforces Norway's status as an influential player in the global green energy landscape. #RenewableEnergy #Sustainability #CleanEnergy
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Red Eléctrica and ABB collaborate to ensure stable and reliable power networks while transitioning to green energy in Spain´s archipelagos. To fulfil this purpose Red Electrica has awarded ABB an order to supply four synchronous condensers for the Canary and Balearic Islands 🇮🇨⚡🔋🔌🔛 ✅Synchronous condensers are electrical machines that help stabilise the grid when loads and renewable energy production fluctuate. ✅Three synchronous condensers will be deployed in the Canary Islands. #EnergyTransition #ABBEnergyTransition #RenewableEnergy #ABBRenewableEnergy #canarias #canaryislands #redelectrica #electricidad #electricity #powersuply #energynetworks #powergrid #decarbonization #greenenergy #transicionenergetica #descarbonizacion #energiasrenovables #electricitygrid #energytransition #condensers #electrification
Helping Spanish islands transition to green energy! We are proud to collaborate with Red Eléctrica on a groundbreaking project to continue advancing the transition of the Canary and Balearic Islands to renewable energy. Our integrated solution includes the supply of synchronous condensers, electrical and automation equipment. This will play a vital role in ensuring the stability, reliability, and continuity of island electrical power grids as they integrate increasing levels of renewable energy to meet Spain's energy transition goals. The project is part of the Network Development Plan 2021 – 2026, the execution of which will allow the integration of 67% of renewable energy into the generation mix, advancing the objectives of Spain's 2021-2030 Integrated National Energy and Climate Plan (PNIEC). Read more about the project 👉 https://ow.ly/iTuk50S8mkp #EnergyTransition #ABBEnergyTransition #RenewableEnergy #ABBRenewableEnergy
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