Energy | 11 September, 2023 at 9:08 AM
Electricity market needs new rules to integrate green energy
The electricity market needs new operating rules to integrate green energy and reach the net zero goal, a PwC report shows.
The electricity market needs new operating rules to integrate green energy and reach the net zero goal, a PwC report shows.
The production of green energy must increase eight times, to achieve global climate neutrality by 2050, according to a PwC analysis.
Sales of battery electric vehicles (BEVs) in the key European markets rose by 28% in 2022 from the previous year while global BEV sales grew by 70% year-on-year in 2022. It is estimated that electric vehicles beat internal combustion vehicles in terms of total cost of ownership, even at current electricity prices, according to PwC.
In Romania, L'Oréal encourages people to choose larger sizes and refills while helping them understand how and where to recycle our packaging.
Swedish fashion retailer H&M Group has entered a solar power purchase agreement (PPA) with Polish solar energy developer R.Power SA.
PPC Energie has implemented an integrated solution for electricity production using photovoltaic panels and battery storage on a residential building in Bucharest's Sector 6.
Education and skills are pivotal to the success of Europe's Clean Industrial Deal, particularly in addressing the rapid expansion of the wind energy sector.
Only one in ten individuals who installed photovoltaic systems in the first ten months of the year also opted for an energy storage solution.
