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.
The European energy system will change dramatically in the coming decades. In addition to climate change and an outdated power plant fleet, current geopolitical tensions are also forcing the European Union and many countries to change their energy policies. What do these developments mean for prices, revenue potential and risks for photovoltaics and wind?
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.
The current discussion in Germany and Europe regarding a possible supply stop of natural gas & Co. from Russia in the course of the Ukraine war is moving many people. In part, the debate is not based on factual knowledge. This blog article takes a data-driven look at the issue of supply security.
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.
An early coal phase-out, 80 percent renewable energies by 2030, and climate neutrality by 2045: These are the three energy industry cornerstones of the German government’s ambitious plans in the coalition agreement. Implementing the contents of two legislative packages is on the agenda this year.
Anyone who thought the energy year 2021 would be rather quiet after the turbulent Corona year 2020 was proven wrong by September 2021 at the latest. While climate protection was the main topic in the first half of the year, the second half brought record prices in almost all markets.
High prices on the energy markets have been the hot topic in recent weeks. However, the long-term development of the German energy industry will be shaped much more by the coalition negotiations currently taking place between the Social Democrats (SPD), the Greens and the Liberals (FDP). In this article, we present the initial results and potential points of conflict of the energy and climate policy agenda of the future German government.