Apala Group的动态

https://lnkd.in/gDq_aBF7 While the termination of over 100 renewable energy projects is a setback for the Philippines' energy needs, it also serves as a valuable lesson in managing concessions more effectively. Could the #BESS (Battery Energy Storage Systems) requirements, coupled with additional #CAPEX and management challenges, have played a role in this situation? For now, the country will continue to depend on reliable energy suppliers like San Miguel Global Power and SN Aboitiz Power Group to meet its energy demands. #RenewableEnergy #PhilippineEnergy #BESS #EnergyInfrastructure #SustainableDevelopment #EnergyPolicy #Philippines #MagaldiPower #EnergyEfficiency #SustainableEnergy #PowerPlantInnovation #RenewableEnergy #EnergySolutions #IndustrialInnovation #CleanEnergy #EnergyTechnology #MagaldiSystems Magaldi Power SpA Pierre-Yves Lecoanet Dennis Jordan

2023 saw the highest ever increase in #renewableenergyjobs, from 13.7 million in 2022 to 16.2 million, according to a new report by the International Renewable Energy Agency (IRENA) and the #InternationalLabourOrganization (ILO) ).

(Philippines) The Department of Energy (DOE) is rescheduling the third round of the Green Energy Auction (GEA-3) to 2025 as it awaits the pricing mechanism necessary to establish parameters for the technologies to be offered. In a report by Business World, Energy Undersecretary Felix William B. Fuentebella announced that GEA-3 is now slated for January 2025. Previously, the DOE had intended to conduct GEA-3 before the end of 2024. In November, the DOE launched the bidding process for the Green Energy Auction Program 3 (GEA-3), issuing a notice of auction and terms of reference to attract qualified renewable energy (RE) developers. The auction will make 4,475 megawatts (MW) of RE capacity available, comprising both FIT-eligible and non-eligible technologies. The bulk of the capacity—4,000 MW—is allocated to pumped storage hydropower, with delivery scheduled between 2028 and 2032, while 300 MW of impounding hydropower is set for delivery between 2028 and 2030. The auction also includes smaller capacities, such as 100 MW of geothermal energy for 2025-2027 delivery and 75 MW of FIT-eligible run-of-river hydropower for 2027-2029 delivery, aiming to diversify the renewable energy mix. Energy Assistant Secretary Mylene C. Capongcol said that the Energy Regulatory Commission (ERC) would issue the pricing determination methodology (PDM) during the holiday season. ERC Chairperson Monalisa C. Dimalanta confirmed that the commission is reviewing stakeholder comments on the draft PDM, with plans to release it within the month. According to Dimalanta, most feedback concerns details of the pricing formula and methodology, particularly for pumped storage hydropower, which may prioritize ancillary services over energy supply. The ERC’s PDM will assess the “reasonableness and prudency” of price offers under the GEA-3 auction. The GEA program promotes renewable energy as a primary power source through competitive bidding. Developers offer their lowest price for a specified capacity to secure fixed power rates under the program. #renewableenergy #energymix #GEA3 #greenenergy #auction #hydro #geothermal

Contracts for Difference (CfDs) and Their Potential in Brazil’s Energy Transition Contracts for Difference (CfDs) have played a crucial role in fostering renewable energy investment in markets such as the UK and the European Union. By providing revenue stability for energy producers, CfDs mitigate the risks posed by market price volatility, making renewable energy projects more financially viable and attractive to investors. In Brazil, while CfDs are not yet widely used, similar models have played an important role, such as long-term energy auctions, which guarantee revenue stability and promote the growth of renewable sources like wind, solar, and biomass. For example, reserve energy auctions and A-4 and A-6 auctions serve a similar function to CfDs by offering long-term power purchase agreements at fixed prices, providing financial security for investors. These mechanisms have been fundamental to the expansion of renewable energy sources such as wind and solar in Brazil. Although these auctions do not follow the exact CfD format used in the UK, they perform a similar role by stabilising project revenues and reducing market risk. Recent studies highlight that traditional CfDs, while guaranteeing a fixed price, can introduce market distortions by disconnecting generator decisions from price signals. However, innovations in CfD design, such as yardstick locational CfDs, aim to correct these distortions, aligning generator incentives with market efficiency and promoting more flexible operations, especially as renewables take on a larger share of the energy mix. As Brazil seeks to expand its clean energy matrix and diversify its renewable sources, mechanisms such as adjusted CfDs could be a strategic solution to ensure financial stability for new projects, particularly in emerging areas such as green hydrogen and offshore wind. Furthermore, Brazil’s experience with reserve energy auctions, which provide long-term power purchase contracts, offers a strong foundation for the potential future implementation of CfDs, aligning the country with global best practices and accelerating its transition to a low-carbon economy. #RenewableEnergy #CfDs #EnergyTransition #GreenHydrogen #OffshoreWind #Sustainability #Brazil #Innovation #GreenInfrastructure

?? Philippine Green Energy Auction Program (GEAP) Update - November 2024 ?? ? Following our previous GEAP Primer, we are excited to release our latest update on the Philippine Green Energy Auction Program (GEAP) as the country advances its renewable energy goals. ? ?? Key Development: The Notice of Auction and Terms of Reference (TOR) for GEA3 were officially released today by the Department of Energy Philippines (DOE) and the Energy Regulatory Commission (ERC) Philippines, with critical details to guide the upcoming auction. This development marks a step forward in achieving the country’s renewable energy targets. ? This update highlights: ??Expanded Technology Options: Including Run-of-River Hydro, Geothermal, Impounding Hydro, and Pumped-Storage Hydro. ??Updated GEAR Pricing: Featuring the latest price ceiling for ROR Hydro set by the ERC to guide competitive bidding. ??New Price Determination Methodology (PDM): Structured to ensure fair and sustainable pricing for non-FIT-eligible technologies through a two-step evaluation and DCF-based pricing model. ??Reduced Performance Bond Requirements: Lower obligations for bidders, making participation more accessible while maintaining project accountability. As these updates set the stage for GEA3, we are happy to discuss this development with anyone looking to participate in the auctions, enter, or consolidate their presence in the renewable energy sector in the Philippines. Let’s work together to achieve the country’s renewable energy targets of 35% by 2030 and 50% by 2040. ? #GreenEnergy #RenewableEnergy #Philippines #GEAP #HydroPower #SolarEnergy #EnergyTransition #IndexPartners

From black to green. Today, Danish energy company ?rsted takes a significant step toward becoming the first major energy company to completely transform its energy production from fossil fuels to renewable energy. With the closure of its last coal-fired combined heat and power plant, Esbjerg Power Station, located in the Western part of Denmark, ?rsted is well underway towards meeting its target of a 99% green share of energy generation by 2025. Back in the day, ?rsted was one of the most coal-intensive energy companies in Europe, but since 2006, the company has reduced its coal consumption significantly through a reduction in the number of heat and power plants as well as conversions to certified sustainable biomass instead of coal. Read more: https://lnkd.in/d8VDMg3Q Photo: ?rsted

#Iran’s #Renewable Capacity In April Reaches 1.186 GW According to the Renewable Energy and Energy Efficiency Organization – an affiliate of the Energy Ministry — #solarpower plants had the lion –share in the total renewable capacity during the aforementioned period.

The Visayas region in the Philippines has 760 MW of solar energy projects in the pipeline, part of a broader 1.98 GW renewable energy push, according to the Department of Energy. Solar leads the pack, contributing over one-third of the new capacity. This demonstrates a positive evolution in the region's energy mix, aligning with the country’s goal of achieving 50% renewable energy by 2050. The Visayas already has 76 power plants, with nearly half being renewable. Read more here: https://lnkd.in/dk3szRBV #thomaslloyd #renewableenergy #infrastructure #esg #netzero #asia #climatechange #sustainability #emergingmarkets #energytransition #electricity #biomass

Marine Energy Wales (MEW) and the National Hydropower Association (NHA) have formalized a partnership to advance the marine energy sector through a newly signed Memorandum of Understanding (MoU). This agreement is aimed at strengthening cooperation between the two organizations, which advocate for marine renewable energy development in Wales and North America, respectively. MEW?represents industries across tidal stream, tidal range, floating offshore wind, and wave energy in Wales, while the NHA represents over 300 companies within North America’s hydropower industry. Through this MoU, both groups plan to support shared initiatives that can accelerate the deployment of technologies and contribute to reaching Net Zero emissions goals. The MoU outlines specific areas for collaboration between MEW and NHA, such as mutual support for policy development, reducing deployment barriers, and supporting the industry’s role in clean energy transitions. This partnership seeks to open up pathways for technological exchange, resource sharing, and collaborative problem-solving in the sector. Read more: https://lnkd.in/e3xZ4bDu #marineenergy #renewables #renewableenergy

One of Australia’s biggest and most prominent renewable energy developers, Ark Energy, says it fears for its future and is fighting a bid for its parent company launched by a competitor that it says has a poor environmental record and is accused of being a serial polluter. Ark Energy is an Australian subsidiary – along with Townsville refinery owner Sun Metals – of Korea Zinc, and has been at the forefront of many key developments in Australia’s renewable energy industry. It and Sun Metals were behind the push for five minute settlements in the wholesale electricity market, which has opened the way for battery storage facilities to be competitive, and it installed Australia’s first and largest embedded solar farm (106 MW) at the Townsville refinery. #RenewableEnergy #Sustainability #ArkEnergy #CleanEnergy #SolarPower #BatteryStorage #GreenFuture #AustraliaEnergy #EnvironmentalSustainability #SolarEnergy #EnergyTransition #ClimateAction #SustainableDevelopment #KoreaZinc #FiveMinuteSettlement