Germany has set out its plan to claw back 90% of the earnings from some clean power generators as the government seeks funding for its consumer aid package.

The government is planning to skim earnings above €130 a megawatt-hour for solar, wind and nuclear, according to a draft law seen by Bloomberg News. Politicians are trying to reclaim some of the profits that companies like RWE AG are making from high power…

Lignite mills will be taxed on their earnings of over 52 euros per megawatt hour, and oil plants of 28 euros.

Germany Sets Windfall Tax at 90% for Clean Power Generators | Devamı>>>

China built nearly 31 gigawatts (GW) of new solar power capacity from January to June, up 137% from a year earlier, with full-year installations on course to hit a record high, an industry group said on Thursday.

Wang Bohua, Honorary President of the China Photovoltaic Industry Association, said in a presentation that the total solar power capacity increased by 25.8% compared to last year, reaching 340 GW. Total installations over the year are expected to be between 75 GW and 90 GW in 2022, Wang said, beating last year’s record of 54.9 GW.

China Solar Installations More Than Double in First Half | Devamı>>>

Australia’s New South Wales state on Friday said it would invest A$1.2 billion ($850 million) in new transmission lines over 10 years to speed up connections to the grid for new renewable energy projects as the state looks to shift to greener power.

Australia is grappling with power and gas price spikes due to a string of outages at coal-fired plants, a cold snap which has driven up gas demand and record high global coal and gas prices.

Australian State to Invest $850 Mln in Power Grid | Devamı>>>

Spanish power plants bought more natural gas to generate electricity on Wednesday than on any other day since records began, transmission system operator Enagas (ENAG.MC) said on Thursday.

While the extreme summer heat increases the demand for electric air conditioners, cheaper and renewable energy sources contribute less to the system. More expensive gas-powered utilities could close the gap, adding fears of supply disruptions in an already strained market to meet strong demand after Russia’s invasion of Ukraine and COVID-19.

Spain Breaks Daily Record Gas Demand for Power | Devamı>>>

Increasing concerns over energy security and climate change will mobilize record levels of new capacity to generate renewable energy in 2022, according to the International Energy Agency’s forecasts.

The IEA estimates that 320 gigawatts will be in effect this year, up from the previous record of 295 gigawatts in 2021. This figure is equivalent to the total annual demand of Germany, Europe’s largest economy. With the growth of solar power in China and Europe, additions last year exceeded expectations the Paris-based agency outlined in a new report on renewable sources.

IEA Expects Record Renewable Growth Despite Cost, Supply Problems | Devamı>>>

ASUNİM, together with its partner Génese Natural in Portugal, will invest 13 million Euros in the photovoltaic power plant located in Faro and will have an energy production capacity of 24 GWh per year.

While the construction of the GES power plant, which is located on a gross area of 24 hectares, is currently underway, with more than 24,000 double-surface 540Wp solar panels distributed over an area of 14 hectares, a total power of 13MWp is being installed.

13 MW Ges Investment in Portugal with Partnership from ASUNİM | Devamı>>>

Britain plans to boost investments in renewable and climate change projects in Nigeria and will provide 10 million pounds ($13.6 million) of support, Minister for Africa Vicky Ford said on her first trip to the country.

Power demand in Nigeria vastly outstrips supply, meaning its 200 million inhabitants must either go without, or rely on expensive, fume-belching generators.

Nigeria has capacity to produce an estimated 7,000 megawatts (MW) of power, but due to weak infrastructure, gas supply problems and water shortages only a little more than half of that reaches the national grid.

Britain to Raise Nigerian Renewable and Climate Change Investments | Devamı>>>

It is stated that this year, the solar energy capacity in China will increase by 75-90 thousand MW, breaking a record.

While solar power capacity in China is predicted to reach a record level with new investments that will come into operation this year, according to the China Photovoltaic Industry Association (CPIA) data, it is predicted that China’s solar power capacity will increase by 75-90 GW in 2022.

CPIA President Wang Bohua emphasized that China has the opportunity to increase its solar power capacity by 83-99,000 MW each year in the period 2022-2025.

Record Increase in Solar Power Capacity Expected This Year in China | Devamı>>>

The leaders of Germany’s new government coalition, formed by the Green party, the Liberal party (FDP) and the Social-democrat party (SPD) have presented, yesterday, their 177-page program for the next four years.

In the renewable energy chapter of the document, the government coalition is aiming for the share of renewables in gross electricity demand to rise to 80% by 2030, assuming an increased demand of between 680 and 750 TWh per year.

Germany’s Coalition Wants to Deploy 143.5 GW of Solar This Decade… | Devamı>>>

With countries racing to end their reliance on the fossil fuels that cause climate change, it’s a boom time for renewable energy. Now, an international team of researchers has determined that if every available rooftop was equipped with solar panels, they could generate enough electricity to power the world.

In addition, rooftop solar has the advantage of both reducing local air pollution—where it replaces conventional fossil fuel-based energy generation—and reducing transmission network loads by decentralizing electricity supply.

Could Rooftop Solar Really Provide Enough Electricity For The Entire World? | Devamı>>>

Electricity demand is back to pre-pandemic levels, but fossil fuels fail to recover as renewables show consistent growth.

As a result, CO2 emissions from the power sector in H1-2021 were 12% lower than the same period before the pandemic. In H1-2021, electricity demand rose 6% vs. H1-2020 and almost fully recovered (-0.6%) to pre-pandemic (H1-2019) levels. Electricity generation from fossil fuels has not recovered and was 10% lower in H1-2021 than before the pandemic (H1-2019), despite an uptick in H1-2020.

Emissions Down as Europe’s Electricity Comes Back Cleaner | Devamı>>>

Energy Markets Management Inc. According to the information compiled from the data, the price of one megawatt-hour of electricity in the day-ahead market was traded at 352.56 liras at the lowest and 617 liras at the highest.

Energy Markets Management Inc. According to the data, the Day Ahead Market (DAM) volume decreased by 3,843.026.48 TL from the previous day’s value on 13.07.2021 and became 331,330,581.79 TL.

The first 3 energy sources that contributed the most in daily electricity production were 38.22% natural gas, 14.25% dam and 11.87% lignite, respectively.

‘EPİAS’ Electricity Sector Market Statistical Analysis (14.07.2021) | Devamı>>>