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Retail electricity prices are adjusted in response to fluctuations in wholesale markets, shaped by the regulatory policies of each country and, where relevant, consumer willingness to pay a premium to mitigate price volatility.
Lower gas prices, reduced demand and an increased use of renewable energies are the key factors driving a reduction in wholesale electricity prices across Europe. Futures contracts are pointing towards a stabilization of prices in the medium term.
The reduction in electricity prices in Europe is attributed to the reversal of supply shocks and a decrease in demand. The definitive impact of renewable energies will be delayed until advances in storage systems are achieved, allowing for more…
This article analyzes the main advances in the implementation of the Inflation Reduction Act (IRA), approved in the US in 2022. With a total budget of 416 billion dollars, it is the largest climate investment in the history of that country.
The Government presented the updated draft of the National Energy and Climate Plan (NECP) 2023-2030, submitted for public hearing until September 4 and to be approved in June 2024. It includes 46 new or updated measures and incorporates an incr…
The disaster resulting from Russia's invasion of Ukraine has diverted much of the attention away from the latest report by the Intergovernmental Panel on Climate Change (IPCC), but we need to take notice of it — not least because its conclusions are not particularly favorable.
