The German automotive industry is currently regarded as a prime example of an industry in upheaval: carmakers are investing billions in the design of new electric cars and the construction of their production facilities. As part of this strategy, a major German carmaker announced its intention to produce 22 million so-called Battery Electric Vehicles (BEV) over the next ten years.Will the global cobalt reserves be sufficient to keep pace with the ambitious plans?
While renewables were the largest source of new electricity generation on a global level, rising use of gas, oil and coal led to CO2-emissions being two percent higher in 2018 than in 2017. The disquieting truth about the global energy system: growing energy hunger outpaces renewable expansion. The increasing demand of 2.8 percent was primarily met by fossil fuels. This process puts climate goals to risk with the fastest growth of carbon emission in seven years.
The latest figures from the Federal Environment Agency make it official. Germany emitted 4.5 percent less CO2 last year. Emissions were thus just over 865 million tonnes. The energy sector and households accounted for the lion’s share of the decline. In this article you will find a summary of Germany’s CO2 balance for the year 2018.
At just above 1800 MW, the first five months of 2019 saw the strongest PV expansion in more than five years. The total installed capacity at the end of May was 47.7 GW. After the new installations of onshore wind energy already declined in 2018, the first quarter of 2019 saw the lowest expansion in more than 20 years. During this period, wind turbines with a total capacity of only 206 MW were reported as having been commissioned. This article examines the reasons for the different expansion of these important renewable energy sources in the first five months of 2019.
With its current “EU Energy Outlook 2050”, Energy Brainpool shows long-term trends in Europe. The European energy system will change dramatically in the coming decades. Climate change and aging power plants are forcing the European Union and other countries to change their energy policies. What do these developments mean for electricity prices and revenue potential for photovoltaics and wind?
European CO2 prices have developed very dynamically in 2018. They rose to over 25 EUR/ton in September and then fell sharply again within a few days. Prices however have also fluctuated considerably in recent years. How does this affect the price of electricity? And what can we expect in the future, especially in view of upcoming fourth phase of the ETS (Emissions Trading System)? Guest author: Michael Claußner (Junior Expert at Energy Brainpool)
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.
Renewable energies are on a record course during the first half of 2018 in Germany, with around 41 percent of net electricity generation coming from renewable sources. This makes it easy to forget that other parameters are also important for the success of the energy transition. In particular, the goals of climate protection and efficiency are pushed to the background, as the monitoring report on the state of the energy transition and an accompanying statement of an expert commission shows.