Coal-fired power generation is sinking, wind is disappointing in tenders for renewable energies and PV is booming, and the National Hydrogen Strategy is making progress – these were the big issues in February.
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© Renáta Sedmáková / Fotolia
© Renáta Sedmáková / Fotolia
Energy BrainBlog
Blog by Energy Brainpool GmbH & Co. KG
Author: Simon Göß (page 5 of 31)
The Energy Market Review February 2020
11. March 2020 / / 0 Comments Series: Coal Market, Energy Economy, Energy Policy, Power Market, Prices, Renewable Energy
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As the transformation of the energy system to renewable energies, increased sector coupling and electrification progresses, grid infrastructures are also subject to change. The operators of electricity and gas networks must prepare themselves for this.
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In order to limit price peaks in the balancing energy price, the Federal Network Agency introduced the mixed-price system in the balancing market. However, this procedure was not free of problems either.
In the second part of our series on the “The German electricity balancing market in transition” we discuss what problems arose during implementation and how the market behaved.
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Energy market review January 2020: agreement on coal phase-out, PV auctions and emissions
18. February 2020 / / 0 Comments Analysis: Coal Market, Energy Economy, Energy Policy, Prices, Renewable Energy
The coal phase-out has finally been stipulated in a law, even if less ambitious than the coal commission had proposed. The results of the last solar auction in December 2019 have been published and German emissions fell by about 50 million tonnes of CO2 last year. In the first month of 2020, prices at the long end continued to fall.
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Climate package, PPAs and renewables: the most important issues in the energy sector in 2019
22. January 2020 / / 2 Comments News: Commodity markets, Energy Economy, Energy Policy, Europe, Power Market, Prices, Renewable Energy
What course was set for the energy industry in 2019 and what will be remembered until the next decade? In 2019, the discussion was completely dominated by the climate package, the “right” CO2 price and the preparations for the coal phase-out. Another top topic from the market side: PPAs come leave their niche. For renewables positive as well as negative records have been set.
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The energy market review December 2019: End-year sprint in legislation and renewable tenders
9. January 2020 / / 0 Comments Series: Commodity markets, Digitalization, Energy Economy, Energy Policy, Europe, Prices, Renewable Energy
After long discussions, the federal and federal state governments agreed on changes to the climate package before the end of the year. The Federal Network Agency also announced a number of tender results for renewable energies. In addition, the third smart meter gateway was certified, so their rollout can begin soon. However, a real end-of-year rally on the price side of things can only be noted for oil.
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Energy market review November 2019: climate and energy laws and the WEO 2019
16. December 2019 / / 0 Comments Series: Coal Market, Energy Economy, Energy Policy, Europe, Power Market, Prices, Renewable Energy
With the draft of the Coal Exit Law, the Federal Government has not only put the tender procedure for the shutdown of coal capacities on paper. At the same time, changes were announced for renewable energies. According to the International Energy Agency’s World Energy Outlook 2019, global CO2 emissions might rise until 2040. In terms of prices, November continues where October left off: going down.
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In order to maintain security of supply at a high level, there must always be a balance between production and consumption in the electricity supply system. This form of system security is the responsibility of the transmission system operators (TSOs).
The balancing energy market exists to enable grid operators to cost-effectively compensate for power and voltage fluctuations in the transmission grid. How this market works is explained in the first part of the series “The German electricity balancing market in transition”.
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