Categories
Mexico

The world’s cheapest electricity is in Mexico, coming from the solar power plants which won the last energy auction

Last week, Mexico held their last energy auction, to secure part of the electricity which consumers will waste over the next years. According to official sources, the average value of the prices of the winning projects was 20.57 dollars per megawatt hour. It was a significant decrease from the last price of 33.47 USD/MWh of […]

Categories
Photos

Germany is closing their coal mines to transform them into pumped hydro batteries for wind and solar

Starting in 2018, Germany will no longer operate hard coal mines. However, these abandoned mines could receive a new life to make a great contribution to the development of renewable energy in the country. They could start to store the excess of wind and solar power during the hours with high renewable production by pumping […]