Wind, solar, and batteries: Europe's competitive evolution

Energy Transition Today

In this episode, we dive deep into the heart of renewable energy's latest developments in Europe. Starting off with Norway's first offshore wind tender, which saw The Ventyr JV between Parkwind, Ingka Investments and NorSea being awarded the development mandate for the 1.5GW Sørlige Nordsjø II. We take the opportunity to take a driven look at Europe's offshore wind sector.

Next, we turn to the solar industry, where we dissect a series of tender announcements across Europe, including the French Ministry of Ecological Transition's solar results, and Romania's first solar and onshore CfD auction. We also look at announcements from Sonnedix on a ten-project portfolio and examine new solar commitments from the EIB.

Digging into this, we take a look at how Europe's solar manufacturing sector is holding up in the face of stiff competition from China.

Also on this episode, we dive deep into the market dynamics of battery energy storage in Europe and discuss the challenges of unrealised revenue models.

Finally, turning to the UK's second REMA consultation, we address the pros of regional pricing but also how it could leave stranded assets in the UK's most promising renewable sites.

Hosted by:

• Oliver Carr - Lead Analyst
• Viola Caon - Head of Content
• Dila Cebeci Smith - Senior Analyst

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