The bid values increased in the first tenders in Germany for renewable energies in 2019. In contrast, CO2-limits for new cars and trucks are intended to reduce the emissions of the EU. New German power lines and power-to-gas plants should be easier to set up and plan. On the price side, the trend in April 2019 was mainly upwards. The exception: Easter holidays brought many negative prices.
At the end of March 2019, the European Parliament has given green light to the last regulations and directives of the “Clean Energy Package”. Both in Berlin and in Hamburg, the re-communalisation of energy infrastructures is imminent. While renewable energies can show new records in March, the high time of storage just starts. At the long and the short end of the electricity market, prices went down in March 2019.
21. March 2019 / Simon Göß / Comments Off on E-mobility in Germany (IV): the international comparison Series
When considering e-mobility in Germany, an international comparison should not be omitted. German car manufacturers are not exactly known for their large number of electric models and their commitment to e-mobility. Battery cell production is also located primarily in Asia, with German or European companies playing a subordinate role.
In the coming years, PPAs and non-subsidised renewables will also come to Germany. This became clear in February 2019. In addition, the transmission system operators have published the first draft of the new network development plan for 2030. The expansion of the grid will become more expensive. While the tender values for Photovoltaics (PV) and wind remained high in the first tender in 2019, the long-term prices on the futures market declined in February.
Last year was again a good year in terms of PV expansion in China with now 175 GW. However, also total electricity consumption grew pronouncedly by 540 TWh offsetting gains in the renewable part of the generation mix, while generation from thermal fossil-fueled power plants increased as well. LNG to play a central role to cover China`s gas consumption in the future.
With its current “EU Energy Outlook 2050”, Energy Brainpool shows long-term trends in Europe. The European energy system will change dramatically in the coming decades. Climate change and aging power plants are forcing the European Union and other countries to change their energy policies. What do these developments mean for electricity prices and revenue potential for photovoltaics and wind?
European CO2 prices have developed very dynamically in 2018. They rose to over 25 EUR/ton in September and then fell sharply again within a few days. Prices however have also fluctuated considerably in recent years. How does this affect the price of electricity? And what can we expect in the future, especially in view of upcoming fourth phase of the ETS (Emissions Trading System)? Guest author: Michael Claußner (Junior Expert at Energy Brainpool)
A new law for the energy sector has been agreed on with some delay. It has important changes in store for the coming period. The Coal Commission also has new findings. At the long end, the prices, driven by global economic uncertainties, mainly went down. But they caught up again in the end of November 2018.