An early coal phase-out, 80 percent renewable energies by 2030, and climate neutrality by 2045: These are the three energy industry cornerstones of the German government’s ambitious plans in the coalition agreement. Implementing the contents of two legislative packages is on the agenda this year.
In the wake of historically high electricity prices, conventional marketing strategies for electricity from renewable energies (RE) are at stake. Until now, RE direct marketing has been equivalent to selling at spot markets, a standard that has hardly been questioned. Why should a power plant operator expose himself to the futures market risk when the EEG subsidy secures the market value on the spot market? Combined with upcoming contract adjustments in connection with Redispatch 2.0, some direct marketers are now offering guaranteed market values for the future and hedging them on the forward market. With fundamental scenario swarm analysis, you are able to indicate under what circumstances this is a good idea.
The currently rising wholesale price for electricity is particularly pronounced in Poland. As before (e.g. August 2015), the old Polish power plant park is not in a position to cover the entire demand for electricity in times of shortages. Where the demand is high, there follows the price.
“Jamaica in the coal dilemma”, “Black-Green quarrel over coal”, “coal phase-out is the taboo word in the Jamaica debate”. During the exploratory talks on a possible Jamaica coalition, the coal phase-out demanded by the Greens was a central point of discussion. How did the electricity market react to this? Can the struggle for coal capacities to be (not) decommissioned be read off from the electricity price? And what does that say about the energy-only market?
New nuclear power plants with a total capacity of 15.6 GW are planned in Poland, Slovakia, the Czech Republic and Hungary (Visegrád Group “V4”). The purpose has been to ensure security of supply while remaining highly energy-independent from fossil imports. In a study commissioned by Greenpeace Energy eG, Energy Brainpool examines the energy economic perspective and comes to the following conclusion.
In the anticipated legislative period, there is a great need of energy policy to respond to changes in the realms of energy, mobility and digitisation and to attain the objectives set. After evaluating the election programmes of CDU/CSU, FDP and Alliance 90/The Greens, Energy Brainpool has identified five relevant challenges that could provide a solid basis for a common energy policy.
The worldwide reduction of greenhouse gas emissions is the prerequisite for achieving the climate goals agreed in course of the UN Climate Conference in Paris. The pricing of those greenhouse gases would be an effective market mechanism to realize emission savings.
On behalf of Greenpeace e.V., Energy Brainpool, outlined a coal phase-out in Germany with focus on achieving the climate goals and yet ensuring supply security. In order to reduce the transition costs it is necessary to drastically increase the implementation of cost-effective technologies on the market such as PV and wind. On the contrary, security of market supply needs to be ensured by building new gas power plants and installing cross-border capacities as well as flexibility options.