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Energy BrainBlog

Blog by Energy Brainpool GmbH & Co. KG

Tag: Commodity markets (page 2 of 6)

Update: EU Energy Outlook 2050 – How will Europe evolve over the next 30 years?*

Installed generation capacities in EU-27 plus NO, CH and UK by energy carrier (source: Energy Brainpool, 2021; EU Reference Scenario, 2016; entso-e, 2021)
© Energy Brainpool

With the 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 ageing power plants are forcing the European Union and several countries to change their energy policies. In addition, there are significant market changes: rising CO2 certificate prices lead to higher profitability of renewable energies, keyword: Power Purchase Agreements (PPAs). What do these developments indicate for power prices, revenue potential, and risks for photovoltaics and wind?


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Price rally across the energy markets

Level of German gas storage facilities at the beginning of the month 2016 - 2021 in TWh (source: Energy Brainpool)

Energy crunch in Europe? Energy prices have been breaking one record after another for several weeks. Where does the extreme rise in electricity, coal and gas prices come from? Is the price rally a short-term outlier or a sign of higher energy prices also in the future? In this article, we explain main global and regional causes of the current price developments on the energy markets.


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EU Energy Outlook 2050 – How will Europe evolve over the next 30 years?

© Energy Brainpool

With the 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 many countries to change their energy policies. In addition, there are market changes: rising CO2 certificate prices lead to higher profitability of renewable energies, Power Purchase Agreements (PPAs) are the key word here. What do these developments mean for power prices, revenue potential and risks for photovoltaics and wind?


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Energy market review May 2021

© Energy Brainpool

A lot happened in the energy sector in May. The targets for CO2 emission reductions in the Climate Protection Act were tightened. A full exemption from the EEG levy for green hydrogen is in sight. The CO2 lead contract has reached record prices.


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Energy market review April 2021

The EU Commission ratifies the German renewable energy act 2021. Hydrogen also continues to boom, with energy giants planning their hydrogen strategies. The EU’s increased climate target agreed on in April could lead to a tightening of the EU ETS in June. Commodity and CO2-prices continued to rise in April, and strong winds caused negative prices on the spot market during Easter.


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Energy market review March 2021

March 2021 is characterised by low feed-in from renewables, like the entire first quarter of 2021. The results of the heavily oversubscribed second coal tender have also been released this month. Commodity and CO2 prices rose again in March.


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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.


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World Energy Outlook 2020: New commodity scenarios influence power prices in the long term

© IEA

In the second part of the World Energy Outlook 2020 blog series, we provide a detailed overview of the significantly adjusted development expectations for the global oil, gas and coal markets. For this, we use our fundamental model Power2Sim. The model allows us to quantitatively estimate the long-term effects on European power prices until 2040 as well as the sales revenues of renewable energies.


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