Spain’s transmission grid has faced a turbulent year. The year began with the Almaraz II nuclear trip in January 2025, followed by the peninsula-wide blackout in April, and renewed “voltage surges” by the end of September. In this context, a new reactive power and voltage control market will take centre stage.
Market & Policy Updates
South Australia has launched the first round of its Firming Energy Reliability Mechanism (FERM) tender, a program designed to secure long-duration dispatchable capacity as the state transitions to higher penetrations of variable renewable energy. The tender is administered by the Australian Energy Market Operator Services Limited (ASL) and targets 400 MW of firming capacity to be online by November 2028.3 days ago
