Articles

28 May 2025

Demand flexibility in Spain's renewable energy puzzle

As dawn breaks over Spain's solar farms, an ironic challenge emerges. The very success of the country's energy transition—renewables now supplying 59% of generation, up from 40% in 2018—has created a new set of complexities that threaten to undermine its sustainability. The record 196 hours of negative electricity prices witnessed in 2024, coupled with 527 hours at zero pricing, represents not just a market anomaly but a fundamental mismatch between Spain's generation profile and its consumption patterns. This paradox lies at the heart of Spain's next energy transition phase—one where demand flexibility must evolve from theoretical concept to operational reality.

  • Energy
21 May 2025

Italian FER-X: A firewall against revenue cannibalization for renewable operators

‘Cannibalization’ describes how, as market penetration of variable renewables increases, the capture price for these sources tends to decrease, potentially reducing their investment potential. It is not a significant issue today for most RES operators in Italy, but the future is uncertain and complex. The FER-X auction system aims to limit such uncertainties now and in the future: but will it work?

  • Energy