News
December Begins with the Highest Gas Prices of the Year
In the first week of December, European electricity markets saw prices exceeding 100 €/MWh. Weekday prices were higher than the previous week, with France, Italy, and Belgium hitting their 2024 peaks on December 4. Weekend prices dropped. On December 2, TTF gas futures reached their highest closing price since late October 2023. Solar and wind power set historic December production records in some markets, while demand increased across most markets.
Hannover Fair 2025
Hannover Fair 2025 will be held from March 31 to April 4 in Hannover, Germany. The event features a wide range of exhibition categories covering comprehensive industrial solutions, from components and Industry 4.0 automation to energy solutions for production plants. It will also include ComVac, a major hydrogen event (H2FC), and the International Trade & Investment meeting. Over 1,300 companies have registered, with Canada as the official Partner Country 2025, showcasing innovations for sustainable industry.
Christmas Lights: Spain Could Save Over 10 Million Euros with Solar Power
Christmas lighting is a popular event but consumes significant energy and costs municipalities millions. Spanish cities spend between €430,000 and €4.4M on Christmas lights. Using solar energy could reduce costs by 70%, saving over €10M for essential public services and promoting sustainability.
Solaria Offers Fast and Cost-Effective Solution for Data Center Development
Solaria, a leading European renewable energy and infrastructure company, offers a fast and cost-effective solution for developing data centers by connecting them to its own network. Spain's competitive energy costs, land availability, energy access, and high international fiber optic connectivity make it an ideal hub for data center development in Europe. Solaria's extensive energy portfolio and private electrical infrastructure ensure rapid deployment and significant savings on electricity bills for data centers.
Catalan Micro-Installation Companies Warn of Impact of Work Hour Reduction
Catalan micro-installation companies express concern over the government's proposal to reduce the workweek from 40 to 37.5 hours starting in 2025. FEGICAT warns that this measure threatens competitiveness and service quality, as micro-enterprises may struggle to hire enough skilled workers to maintain productivity and service standards.
AI Drives Global Patents for Power Grid Technologies
Artificial Intelligence has led to a sixfold increase in patent applications for power grid technologies worldwide. Germany is particularly strong in physical network technologies, according to a study by the European Patent Office and the International Energy Agency (IEA).