solar energy production Archives - Carbon Trading Exchange

Hungary sets record low electricity consumption amid surge in solar power Read More »

Hungary sets record low electricity consumption amid surge in solar power

Hungary set a new record for its lowest-ever electricity consumption on Easter Monday, thanks to exceptional solar energy production, as reported by Deputy Energy Minister and Government Commissioner Gabor Czepek. He noted that such low system loads were previously only observed in the early hours of the day before 2023. The previous record was set […]

Europe: Solar energy production increased in week 21 Read More »

Europe: Solar energy production increased in week 21

According to AleaSoft Energy Forecasting, in the week of May 20, prices in the main European electricity markets rose following increases in gas and CO2 prices. TTF gas and CO2 futures reached the highest values since the first half of December 2023 and January 2024, respectively. Even so, most markets registered negative hourly prices, primarily

Hungary and Greece are global leaders in solar energy production Read More »

Hungary and Greece are global leaders in solar energy production

Hungary has the third-highest share of solar energy in electricity generation in the world, according to a recent annual report by the international think tank EMBER. Based on their data, Chile generated the largest share of electricity from solar power last year, with 19.9 percent, followed by Greece with 19 percent, and Hungary came in third

Europe: Solar energy production increased in week 18 Read More »

Europe: Solar energy production increased in week 18

According to AleaSoft Energy Forecasting, in the second week of May, prices in the main European electricity markets remained at similar levels to those of previous weeks, although the weekly average rose in most of them. The weekly average price fell only in the French market, which registered the lowest value, thus breaking the Iberian