In the past few months, new record levels for electric car registrations have been recorded. What exactly this development looked like, what effects the new emissions reform will have on e-mobility and whether more charging stations or more e-cars are needed to achieve the goals of the federal government. All of this is explained in this article.
While the EEG amendment for 2021 has still not been finally adopted, the new energy balancing market started in Germany on 2 November 2020 and the EU Commission has approved the German coal phase-out. Prices on the futures market rose again in November 2020.
While the renewable energy levy for 2021 was politically capped in advance at 6.5 ct/kWh, there were major changes in the scenarios of the International Energy Agency’s World Energy Outlook 2020. With rising Corona figures, the commodity markets also plummeted again towards the end of October.
In the second part of the World Energy Outlook 2020 blog series, we provide a detailed overview of the significantly adjusted development expectations for the global oil, gas and coal markets. For this, we use our fundamental model Power2Sim. The model allows us to quantitatively estimate the long-term effects on European power prices until 2040 as well as the sales revenues of renewable energies.
In October 2020, the International Energy Agency (IEA) published its annual flagship, the World Energy Outlook (WEO) 2020. Analysts and politicians observe and use the IEA’s scenarios as an outlook on the energy market of tomorrow. Read more about the main themes and aspects of this year’s WEO in our series. In the first article, we put the WEO 2020 into context and explain the most important findings.
Anyone who want to protect the climate with their consumption behaviour must also pay attention to the effects of their electricity consumption. Guarantees of Origin (GoOs) generally provide a great deal of information for this form of mindfulness. Unfortunately, today’s guarantees of origin are not always suitable for fulfilling consumer wishes. Our guest author Jens Leiding will shed light on this topic.
The energy market in September 2020 was dominated by political announcements. The major topics were the amendment to the German Renewable Energy Act 2021 and the ideas to tighten the European climate targets. At the long end the electricity prices went up and down, while peak prices appeared on the European short-term market.
The diversity of contractual structures of Power Purchase Agreements (PPAs) and the resulting lack of useful indices makes it difficult to correctly assess offered PPA prices. What is a good PPA price and what are the means to exploit the potential of price and volume regulation? More on this in our blog post.