14. December 2020 / / Comments Off on Energy market review November 2020 
While the EEG amendment for 2021 has still not been finally adopted, the new energy balancing market started in Germany on 2 November 2020 and the EU Commission has approved the German coal phase-out. Prices on the futures market rose again in November 2020.
12. November 2020 / / Comments Off on Energy market review October 2020
While the renewable energy levy for 2021 was politically capped in advance at 6.5 ct/kWh, there were major changes in the scenarios of the International Energy Agency’s World Energy Outlook 2020. With rising Corona figures, the commodity markets also plummeted again towards the end of October.
6. October 2020 / / Comments Off on Energy Market Review September 2020
The energy market in September 2020 was dominated by political announcements. The major topics were the amendment to the German Renewable Energy Act 2021 and the ideas to tighten the European climate targets. At the long end the electricity prices went up and down, while peak prices appeared on the European short-term market.
10. September 2020 / / Comments Off on Energy Market Review August 2020 
While tenders for onshore wind continue to be undersubscribed, there are indications of an amendment of the German renewable energy law in fall this year. At the same time, the first tender for the shutdown of hard coal-fired power plants was launched in August. At the long end, prices in August 2020 rose along with commodities.
5. August 2020 / / Comments Off on The German energy market review July 2020
The coal phase-out was decided in July 2020, as was the Building Energy Act. The EU Commission has published a hydrogen strategy and the half-year statistics for the electricity sector show strong renewables of over 50 percent. On the price side things continued upwards in July.
22. July 2020 / / Comments Off on The German energy market review June 2020
There has been little change in the tenders for renewable energies: PV was oversubscribed whereas wind was undersubscribed. However, June 2020 brought news on the legal and political front. Prices at the long end are pointing upwards again more strongly in June 2020.
9. June 2020 / / Comments Off on The German Energy Market Review May 2020
Even if European countries have retracted Corona measures, the pandemic still has a major impact on energy policies and markets. PV beats wind in joint tenders and policy makers have agreed on changes for PV and wind. At the long end prices, stabilised or even went up again in May 2020.
11. March 2020 / / Comments Off on The Energy Market Review February 2020
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.
