The futures market price for electricity is the current average estimate by traders of the electricity prices of the future. Many factors, which are difficult to estimate in advance, have to be considered by traders: How is the supply of electricity, i.e. the available feed-in capacity of European power plants and their costs such as gas, coal and CO2 prices, developing? How is demand developing in terms of both its level and its structure? Another factor is also becoming increasingly important: the weather.
With this article we continue the series of analysis on sales revenues of wind and PV power generation. On a quarterly basis, we take a look at the theoretically achievable sales revenues of onshore and offshore wind turbines as well as photovoltaic systems and analyse the background. This time, we look at quarter 3.
Most of the regulations of the German Climate Package 2030 gradually went into the parliamentary implementation phase during October 2019. For 2020, the renewable energy levy will rise by about 5 percent. The Federal Network Agency announced the results of the October 2019 tenders for onshore wind and PV. Prices struggle to find a direction amidst uncertain political and economic developments.
In recent years, the regulatory map of the energy industry has become increasingly complex. Especially for coal-fired power plants, some inconsistencies and contradictions have crept in during the course of parallel legal processes. Here is an attempt to shed some light on the situation.
There is a major challenge in setting up the charging infrastructure for electromobility. Charging points that are not used are unprofitable. So the question is: How do charging station operators find the locations with the highest potential for electromobility? And what role does automated charging infrastructure planning play in this?
The wind power summit at the beginning of September 2019 ended without concrete measures. However, the Federal Government’s eagerly awaited climate package disappoints with its timidity in terms of climate and energy policy. Furthermore, the takeover plans of Innogy by energy company E.ON are on track. France’s nuclear power plants and oil caused commodity prices to rise and fall.
During the first half of 2019, Chinese electricity consumption is up 5 percent reaching 3400 TWh. Renewables generated almost 900 TWh of the electricity consumption, thus raising their share to more than 26 percent. The transition of the subsidy scheme and the government’s push for grid-parity solar and renewable auctions instead of feed-in tariffs is however still ongoing.
With the current “EU Energy Outlook 2050” Energy Brainpool shows long-term trends in Europe. 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. What do these developments mean for electricity prices, revenue potential and risks for photovoltaics and wind?