The PV-tender for October 2017 resulted in a drop of the average price level below 5 cent/kWh. Simultaneously, the cost allocation under the German Renewable Energy Act (EEG levy) decreases for 2018. The discussion concerning sector coupling continues to gain momentum, although the prospective German “Jamaica” government did not yet set clear lines regarding the energy policy. The spot market prices reached record-breaking levels both on the positive and negative scale in October 2017.
With the aid of blockchain, Europe’s first blockchain project for grid service has started. The transmission system operator TenneT and the battery manufacturer sonnen have started to use the Blockchain from now on in a pilot project.
September 2017 has brought a real price rally in the futures market. In addition, it became clear that biomass at least for the tender system is a technology on the phase-out. Applications of blockchain appear more frequently, as TenneT, IBM and Sonnen demonstrate. While the renewable energy targets for 2020 seem to be more …
The value chain in the energy industry no longer is traditionally linear but increasingly circular. This, as well as “behind-the-meter” business models, leads to ideas for digitalisation and the application of Blockchain. Which use cases are considered and what is already being tested today will be explained in this article.
August 2017 was characterised by the second tender for wind-onshore, the subsequent discussions about citizen energy companies and the significantly decreased price level. Despite the summer break, electricity prices have been increasing at the long end of the curve.
Natural gas can either be transported grid-bound via pipelines or liquefied as LNG. In order to increase the energy density, the gas is transported through the pipelines under high pressure (around 80 bar).