Christopher Franquet

Is french AFRR capacity auction a market? For several days, EDF has limited volumes to offer on AFRR auctions. [EDIT: AFRR reduced by 260 MW and not to 260 MW. Thank you Romain JOUSSEAUME ] EDF posted a REMIT on friday: its AFRR capacities are reduced by 260 MW from 26th of November to the 10th of December due to a technical evolution. Those 260 MW still need 400 seconds to be fully activated while the rest of the fleet needs 300 seconds only. With EDF proposing 260 MW less for a requested volumes between 600 MW and 1 200MW, we could have expected high capacity prices this morning. Peak is at 68.5 €/MWh or 34.25€/MW per half hour, higher than last week but nothing exceptional. The main difference is in the minimum price. Nothing below 25€/MWh or 12.5€/MW per half with a daily average price above 33€/MWh compare to 25€/MWh last week - week end excluded. +32% of price increase. A good day for AFFR providers. But the market worked: volumes were provided, without insane spikes. This event is a clear signal that the 260MW are cheap volumes. Yet it can be covered by other market participants or assets. More scarcity, higher price. Looks like the market works. Will the market participants adjust to the situation? 👀 Expect wild volatility of AFRR energy prices tomorrow.💰👍 ^CB

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Replacing the wind turbines is an underestimated challenge of the global energy transition.

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Major advances in ENGIE's energy projects 👇 🌬️ France: The Yeu-Noirmoutier offshore wind farm has reached key milestones with the offshore installation of the electrical substation and the first monopiles for the wind turbines. Scheduled for 2025, this project will provide electricity to nearly 800,000 people each year. ✈️ In Nantes, the first stone of the biomass boiler for the Airbus Atlantic site has been laid. This facility will supply 70% of the site's heat needs from renewable energy, avoiding the emission of 6,400 tons of CO₂ per year. ⚡Chile: The Lomas de Taltal Wind Farm and BESS Tamaya energy storage park projects are progressing well, with more than 60% of the work already completed. Once operational, the Lomas de Taltal Wind Farm will provide 342 MW of energy to the national grid, becoming the company's largest renewable energy generation asset in Chile. Learn more 👉 https://lnkd.in/dJAJu2HE

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In a major setback for France's EDF, the company lost a crucial bid to build nuclear reactors in the Czech Republic to Korea's KHNP. This loss raises questions about EDF's ability to deliver on new projects and expand in the European market, especially given its recent struggles with delays and cost overruns. This development could reshape the future of nuclear energy in Europe. #nuclearenergy #EDF #KHNP #CzechRepublic #energy

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☢ EDF2 Reaches Major Milestone: Detailed Design Phase of the Nuclear Island! On 26th of July Luc Rémont, CEO of EDF, took the opportunity to announce the transition of the EPR2 to the detailed design phase of the Nuclear Island and unveil the "Ambitions 2035" strategy, emphasising the accelerated construction of the next EPR2 reactors. 🔧 The Challenge Ahead: Traditionally, building a reactor has taken over a decade. Only China has managed to achieve a 6-year average construction time, aided by a larger workforce and different regulatory environment. 🔄 Strategic Moves: To compete with China's efficiency, EDF aims to reduce the construction time of its EPR2 reactors to just 70 months. The strategy includes: 1. Simplifying the design plans for the EPR2 reactors 2. Leveraging the series effect to improve efficiency from one reactor to another 3. Modernising infrastructure and enhancing network flexibility This ambitious timeline is not just about speed; it's about demonstrating EDF's capability to innovate and lead in the global energy sector. Here's to the future of sustainable and reliable energy! 💡 ❓ Interested to hear your opinion ❓ · What lessons from past projects should be prioritized as EDF moves forward with EPR2? · What strategies could be adopted from China’s nuclear construction projects? #EDF #EPR2 #NuclearEnergy #Innovation #Sustainability

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“Clean technologies and renewable energies were more expensive than polluting technologies and energies. But since a couple of years, it is not the case anymore. Now you produce electricity with solar and wind much cheaper than with gas and oil.” Dr. Bertrand Piccard, president of "Climate Impulse". Green and renewable energies are the cornerstone of the energy transition. They are actually the cheapest power option in most parts of the globe today. The prices of renewable energy technologies are dropping rapidly. In fact, investing in renewables creates job opportunities more than in the conventional industry, and every dirham spent on investment in this domain will make powering the future safer, life healthier, and energy sources much secure. Renewable energy makes socioeconomic sense. Being aware of the potentials green and renewable energies can bring, UM6P and OCP Group have joined the main partners of the ‘Climate Impulse’ project. It is a project meant to culminate in a non-stop, emission-free round-the-world flight in 2028 aboard a green hydrogen aircraft. The signing ceremony took place on Friday 24th May 2024 at UM6P Ben Guerir, in the presence of key players, including Bertrand Piccard, President of ‘Climate Impulse’, which is leading this initiative. #UM6P #WeAreUM6P #EmpoweringMinds #UM6PEvents #UM6PForAfrica #UM6PClimateAction

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🌍🔌 Powering the Energy Transition with Sustainable Grid Expansion Solutions As Europe shifts towards renewable energy, flexible and efficient energy systems are crucial for balancing power generation and consumption. At Electrical Oil Services (EOS), we’re at the heart of this transition, supporting the integration of renewable energies with modern transformer services and sustainable practices. From the North to the South, from East to West, we support #Europe's grid expansion projects that help optimise the transmission of wind and solar power. By focusing on the circular economy and transformer oil recycling, we ensure both sustainability and efficiency in energy transmission. 🌿 EOS project examples & key contributions: 👉 Südlink, Germany: Partnering with TenneT to manage transformer installation and oil refilling for this vital wind power line. 👉 Viking Link: Supporting the 765 km high-voltage DC link, enabling wind power exchange between Denmark and the UK. 👉 Herscheid Wind Farm: Working with ABO Energy to expand wind energy near Cologne, Germany. 👉 20+ year partnerships: Ongoing collaborations with ScottishPower and NATIONALGRID in the UK. Discover more: https://hubs.ly/Q02Przmh0 DE: https://hubs.ly/Q02Prxl00 FR: https://hubs.ly/Q02PrtVS0 #EnergyTransition #GridExpansion #Sustainability #RenewableEnergy #CircularEconomy #TransformerManagement #Innovation #EOS #Transformers #CircularEconomy

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Interested in our insights into #Belgian #PowerMarkets? Augustin Levassort has shared his most recent analysis on how a reduced availability of French interconnectors could influence power prices in the region 👇

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🌍💡 To contribute to the public debate on the energy transition, TotalEnergies is publishing the 6th edition of its 𝗧𝗼𝘁𝗮𝗹𝗘𝗻𝗲𝗿𝗴𝗶𝗲𝘀 𝗘𝗻𝗲𝗿𝗴𝘆 𝗢𝘂𝘁𝗹𝗼𝗼𝗸. This report presents three scenarios for the possible evolution of the demand and the global energy system up to 2050. 🔋📊 👉 To discover the main findings of the 𝗧𝗼𝘁𝗮𝗹𝗘𝗻𝗲𝗿𝗴𝗶𝗲𝘀 𝗘𝗻𝗲𝗿𝗴𝘆 𝗢𝘂𝘁𝗹𝗼𝗼𝗸 𝟮𝟬𝟮𝟰, click here: https://lnkd.in/eiJf4uYE

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🌬️⚡ EDF Renouvelables Inaugurates France's Second Offshore Wind Farm in Fécamp ⚡🌬️ We're thrilled to announce the official inauguration of the Fécamp offshore wind farm by EDF Renouvelables. This milestone event marks a significant step forward in France's renewable energy journey. 🏗️ Project Highlights: ▶ Location: 13-22 km off the coast of Fécamp, Seine-Maritime ▶ Capacity: 500 MW, with 71 wind turbines ▶ Area: 60 km² ▶ Operational Lifespan: 25 years ▶ Jobs: a hundred jobs for the operation of the Fécamp offshore wind farm + the development of a new industrial sector creating thousands of jobs across France ▶ Impact: Will generate enough electricity to meet 60% of Seine-Maritime's consumption, powering approximately 750,000 households Join us in celebrating this great achievement as we continue to drive innovation and sustainability in the energy sector. Together, we are powering a greener future! 🌍💚 #RenewableEnergy #Sustainability #OffshoreWind #CleanEnergy #GreenFuture #EnergyTransition #Innovation EDF Marion Labatut Béatrice Buffon https://lnkd.in/eHry-2CU

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TotalEnergies, VERBUND AG sign preliminary deal on #Tunisian #hydrogen supply to #Europe Austrian electricity provider VERBUND AG and French energy major TotalEnergies' joint venture with Eren Groupe S.A. TE H2 have signed a preliminary deal with the Republic of Tunisia for a #renewablehydrogen project to supply Europe The multi-billion-dollar project, H2 Notos, aims to produce 200,000 metric tons of hydrogen a year using desalinated water from the Mediterranean and electricity from wind and solar farms in southern Tunisia. A ramp-up to 1 million tons per year is possible. The hydrogen would be transported to Europe through a 3,300 km pipeline connecting #Tunisia to #Italy and continuing onto #Austria and #Germany which is being planned by companies including Snam S.p.A. Production could begin as early as 2030, with #Verbund taking some of the hydrogen and transporting it throughout #CentralEurope What is notable about this project is its ability to transport low-cost hydrogen directly to Europe via pipeline," TEH2 CEO David Corchia said Pipeline transport adds about 1 euro - $1.09/km. to the cost, compared with 3.5 to 4 euros /km when you transform hydrogen to ammonia, ship it on a boat, and re-crack it back into hydrogen." A final investment decision (FID) is expected in 2027 or 2028 Mohamed Koubassi Osama Fawzy Georgy HENEIN, MBA

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AVERGIES and VALORIZON have chosen Waga Energy to produce #RNG at the Albié waste management site in Monflanquin, Lot-et-Garonne, #France. 🇫🇷 Waga Energy has been selected by VALORIZON and AVERGIES to upgrade biogas from the Albié Landfill in Monflanquin in Southwestern France. VALORIZON, the Lot-et-Garonne waste management organization, and AVERGIES, a semi-public company mandated to develop renewable energy projects in the region, have set up the company Biogaz Monflanquin to manage the project. 🌱🌍 👉 Read more at: https://hubs.li/Q02_r79-0 #PressRelease #BiogasNews #RNGNews #Biogas #RNG #Biomethane #Technologies #RenewableEnergy #RenewableGas #GreenEnergy #CleanEnergy

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