Iberdrola has reported continued growth of its net profit to €3.61 billion in a year that saw over 90% of its investments injected into renewables and networks.
Double the renewables currently waiting in connection queues could be integrated into the grid using Grid-Enhancing Technologies (GETs), a new study has found.
Drax has dropped plans to develop any new gas plants, including its plans to build Europe's biggest CCGT plant as it moves to turn its back on fossil fuels.
A green pathway detailing measures needed to deliver net zero – focusing largely on renewables targets – has been published by the Association for Renewable Energy and Clean Technology (REA).
At least $14 trillion (£9 trillion) must be invested in the grid worldwide by 2050 to support an evolved power system, according to new analysis from BloombergNEF (BNEF).
