The split of the German-Austrian price zone has been carried out. As expected, it has resulted in higher electricity prices for the Alpine country. The terms of the special tenders for renewable energies were announced, while the renewable tenders for October led to higher levys again. The fact that the EEG levy for 2019 is lower than in 2018 is mainly due to the higher prices on the electricity market.
September 2018 showed its might. High commodity prices with subsequent corrections, as well as a series of political announcements at EU and German level. In addition: The condemned live longer. Blockchain technology is not yet at an end.
It is unlikely that the goal set by the German government in 2010 of having one million electric cars on German roads within ten years, i.e. by 2020, will be achieved. The energy sector in particular cannot avoid the issue of e-mobility. In the coming months, we will therefore devote more attention to e-mobility and publish a number of articles on it.
The idea of a city without a car seems to be an utopian dream. People are emotionally attached to cars. Electric, autonomous driving offers a wide range of advantages. The urgently needed change will not happen because we need it, but because we want it.
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.
The decisive topic for the energy industry in August 2018 was the record temperatures, which together with new record high prices for CO2-certificates of over 20 EUR/ton boosted electricity prices. It seems that higher prices for commodities and electricity will become the new “normal”.
The trilogue negotiations on the Winter Package are making progress. The content of the remaining directives and regulations are to be coordinated by the end of the year. A Chinese battery factory in Thuringia is causing a sensation, while the proportion of new registrations of electric vehicles is increasing. A step forward and a step back in the balancing energy market. High spot prices and sustained bullish mood on the futures market due to heat wave.
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.