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Energy BrainBlog

Blog by Energy Brainpool GmbH & Co. KG

Author: Simon Göß (page 1 of 31)

War, gas shortages and extreme prices: 2022 throws energy markets off track

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The year 2022 is primarily dominated by the Russian-Ukrainian war. The resulting geopolitical changes caused a state of emergency on the power markets this year. However, the framework conditions for the energy industry will not be the same in the future: energy security, diversification as well as efficiency and savings measures are coming to the fore. In the short term, energy prices in the EU have risen to record levels. The consumption of natural gas in Germany has already been reduced year-on-year. In the coming months, it will remain important to keep an eye on gas import volumes and the filling levels of storage facilities.


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No more woes on the gas market? A review of the current developments

Prices on the European gas market have fallen sharply since August 2022 and Europe’s gas storage facilities are almost full. That raises the question if the situation on the gas market is relaxing. Find the most important answers and developments in this article.


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Spot market prices for electricity break all records

Prices on the European spot markets for electricity are at their highest levels since the beginning of exchange trading. The exchanges had to introduce higher price limits to react to the situation. What is currently happening on the short-term markets and what will happen in winter?


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Renewables in the South and the North: Portugal and Denmark compared

After comparing the major European countries, this post is about two smaller ones: Portugal and Denmark. Both are pioneers in renewable energy. However, Denmark outperforms the larger Portugal where natural gas still plays a significant role, as a look at the figures shows. Both countries have ambitious energy and climate targets for 2030.


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Similar but different: The energy systems of Italy and Spain

After comparing the German and French energy systems, we now look at the number three and four in the EU: Italy and Spain. Both countries have a power plant fleet and electricity generation of similar size. However, Italy’s power generation is based on natural gas, while Spain generates larger shares of its electricity from wind power and nuclear power. A look at the figures below reveals similarities and differences.


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Rocket program for German LNG terminals

Shares of natural gas import countries in Germany and the EU (source: Energy Brainpool, 2022)
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Reducing dependence on Russian gas is the order of the day. Thus, import LNG terminals will soon play an important role in Germany. The idea of building import terminals for liquefied natural gas (LNG) on the German coast is already several years old. However, political support for the construction of the planned facilities in Brunsbüttel, Wilhelmshaven and Stade was limited. Moreover, investment decisions by economic actors also dragged on for a long time, were put on hold or planning was very slow.


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Two different energy systems: France and Germany compared

Shares of different energy sources in primary energy consumption in France (inner ring) and Germany (outer ring) in 2019, in percent (source: Energy Brainpool)
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The energy systems of the two largest EU countries differ. A comparison of the electricity sectors in particular shows the contrasts. Electricity generation in France is dominated by nuclear power, which accounts for almost 70 percent, while Germany’s electricity mix relies on coal and natural gas as fossil fuels for one-third of the total. Follow us in this article as we explore the differences between the two energy systems.

Just by looking at the primary energy consumption of the two countries, the differences between France and Germany become clear. France’s primary energy consumption of about 10000 PJ was for many years about one third lower than that of Germany. However, in addition to the higher economic output, the high shares of coal-fired power generation in Germany also played an important role.


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The climate-neutral grid in 2045: What do the transmission system operators expect?

The new government is not the only one with ambitious plans for 2030. In their scenario framework 2023–2037 for electricity, the German transmission system operators also presented the electricity sector up to 2045 for the first time. In that year, Germany aims to be climate neutral. What assumptions do the grid operators make and what does the scenario mean for the energy industry? We want to explore these questions in this article.


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