The futures market price for electricity is the current average estimate by traders of the electricity prices of the future. Many factors, which are difficult to estimate in advance, have to be considered by traders: How is the supply of electricity, i.e. the available feed-in capacity of European power plants and their costs such as gas, coal and CO2 prices, developing? How is demand developing in terms of both its level and its structure? Another factor is also becoming increasingly important: the weather.
With this article we continue the series of analysis on sales revenues of wind and PV power generation. On a quarterly basis, we take a look at the theoretically achievable sales revenues of onshore and offshore wind turbines as well as photovoltaic systems and analyse the background. This time, we look at quarter 3.
In recent years, the regulatory map of the energy industry has become increasingly complex. Especially for coal-fired power plants, some inconsistencies and contradictions have crept in during the course of parallel legal processes. Here is an attempt to shed some light on the situation.
Climate conferences or the COPs are the most important international forum for negotiations on climate change and greenhouse gas emission reductions. How did the climate negotiations fare since the famous Paris Agreement in 2015? What has been agreed on during the last COPs and what is in store for the coming climate conferences? This article sheds some light on those issues as well as on the emission reality on the ground.
The CO2 reduction targets and the CO2-pricing system in the transport and heat sectors have been considered in the previous two parts of this series. The third and last part examines the sectoral measures. The support programmes for private individuals and companies in the buildings and transport sectors are being elucidated on in the following.
The issue of an additional CO2-pricing scheme and the measures for the energy sector are discussed in the second part of the analysis of the German Climate Protection Programme 2030. From 2021, a CO2-price of 10 EUR/ton will apply to the German transport and buildings sectors. The price will rise to 35 EUR/ton until 2025. New regulations also apply to the expansion of renewable energies.
On Friday, 20 September, the Climate Cabinet agreed on the guidelines for German climate policy for the coming decade. The core topic was additional CO2-pricing in the mobility and heating sectors. In the following three blogposts we analyse the climate protection programme 2030. This first bogpost deals with the reduction targets, the structure and the general measures of the climate package. In two following blogposts we will examine the programme in detail.
After photovoltaic (PV) PPAs have already established themselves in Southern Europe in recent years, the ball is rolling in Germany as well. While current market conditions indicate that PV PPAs will play an increasingly important role in the course of the energy transition, the question of “fair value” – the price that is fair to all sides – is increasingly being asked. It quickly becomes clear that consistent, long term electricity market scenarios are indispensable when assessing key performance indicators.