Introduction to Livestock Farming & Grazing

Grid congestion, curtailment and increasing occurrence of negative electricity prices have spread across Europe as the growth of intermittent renewables has reached significant levels and continues to grow.A key to solving these challenges lies in flexibility. Hybrid PV power plants -which combine solar with wind and storage - are emerging as a critical solution for both existing and new projects. This session will explore the market potential, framework conditions, and outlook for hybrid solar-based energy systems in Europe.This session will provide:Key drivers for hybrid solar plant development in EuropeChallenges and opportunities for project implementationPolicy frameworks supporting solar-based hybrid power plants in the EUMarket outlook for hybrid PV power plants

The profitability of hybrid PV power plants has improved significantly. In addition to steep cost declines in solar and storage solutions, evolving policy frameworks support a variety of business models for hybrid PV power plants to address flexibility needs. This includes merchant markets, PPAs, grid services and contracts for difference. In addition, some companies are requesting a 24/7 renewable energy supply that matches hourly supply and demand.This session will provide:Economic viability analysis of hybrid PV power plantsOverview of viable business models for hybrid solar projectsCase studies showcasing different technology combinations and market offeringsUpdate on 24/7 renewable energy matching