While renewables were the largest source of new electricity generation on a global level, rising use of gas, oil and coal led to CO2-emissions being two percent higher in 2018 than in 2017. The disquieting truth about the global energy system: growing energy hunger outpaces renewable expansion. The increasing demand of 2.8 percent was primarily met by fossil fuels. This process puts climate goals to risk with the fastest growth of carbon emission in seven years.
The latest figures from the Federal Environment Agency make it official. Germany emitted 4.5 percent less CO2 last year. Emissions were thus just over 865 million tonnes. The energy sector and households accounted for the lion’s share of the decline. In this article you will find a summary of Germany’s CO2 balance for the year 2018.
While the tender for PV delivered lower prices in June 2019, there will be delays on the climate policy front. The details of a possible CO2-pricing and a climate-based tax reform are not to be announced until autumn. On the other hand, the second progress report on the energy transition makes it clear that many of the energy transition targets will not be achieved at the current rate of developments. While the spot market turned negative for several hours, the prices at the long end are falling with coal and gas.
While the wind auction in May 2019 was heavily undersubscribed, the discussion about additional CO2 pricing is entering a hot phase. In particular, the need for measures to increase the use of renewable energies and reduce greenhouse gas emissions make this clear. On the price side, May 2019 was less decisive and, after initial gains, did not provide any long-term impetus.
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 just above 1800 MW, the first five months of 2019 saw the strongest PV expansion in more than five years. The total installed capacity at the end of May was 47.7 GW. After the new installations of onshore wind energy already declined in 2018, the first quarter of 2019 saw the lowest expansion in more than 20 years. During this period, wind turbines with a total capacity of only 206 MW were reported as having been commissioned. This article examines the reasons for the different expansion of these important renewable energy sources in the first five months of 2019.
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.