Distribution grids are the backbone of the digital and energy transition. However, to be fit-for-purpose in an increasingly decarbonised, decentralised and digitalised power system, investments of 375-425 billion euros are needed by 2030.
Estonian homeowners made a bold step forward in the field of solar energy: 2,500 clients are selling electric energy generated in their home to Eesti Energia as small energy producers.
A near power grid outbreak cut Europe’s power grid into a South-Eastern and a North-Western part for about an hour. It was described as one of the most critical near-blackout situations since the region’s last major blackout in 2006.
Wind and hydropower energy accounted for over two-thirds of the total electricity generated from renewable sources, followed by solar power, solid biofuels and other renewables.
With the help of the Power-to-Gas technology, electricity is converted in several steps into gaseous fuels, mostly using electrolysis and chemical, biological processes. It is simpler and more economical.
Internal electricity markets play a key role in implementing the green transition. Transmission system operators must work together to strengthen regional operational safety coordination.
Romania's electricity market was fully liberalised from the beginning of this year. Therefore, the supply prices to household customers are no longer set by the National Energy Regulatory Authority and electricity will be cheaper.
All construction works of the Estonia-Latvia third 330 kV interconnection has been completed and the newly built 330 kV electricity transmission line from Estonia to Riga CHP-2 in Latvia has been put into operation.
The Transmission System Operators of the Baltic Sea Region agreed to start the preparation work for the establishment of a cooperation for the Baltic Sea offshore grid.
The Innovation and Networks Executive Agency has signed a 720 million grant euros agreement with the electricity transmission system operators of the Baltics and Poland for the Synchronisation Project.
The levelised costs of electricity generation of low-carbon generation technologies are falling and are increasingly below the costs of conventional fossil fuel generation, according to the OECD NEA and the IEA.
Starting in January, GEN-I will be the first company in Slovenia to begin supplying customers with electricity exclusively produced from environmentally friendly and carbon-free sources.