11. August 2024 / / 0 Comments 
Europe faces a transformation of its energy sector. Hydrogen is set to overtake the position of natural gas. This change is driven by the need to decarbonise the energy sector and reach the European Union’s (EU) zero-emission target in 2050.
The first Nuclear Energy Summit was held in Brussels in March 2024. 32 countries, including 14 EU states, declared their intention to fully exploit the potential of nuclear power. New reactors will be built, also in Europe. Installed capacity is set to increase by a third by 2045. How many of these countries have concrete plans, and what impact will they have on power prices?
The German government’s power plant strategy is leading to significant changes in the conventional power plant fleet. What developments have shaped the past and why are gas-fired power plants essential for the energy transition?
20. December 2023 / / 0 Comments 
Coal will be phased out of the German electricity mix by the end of 2038 at the latest. The last coalition led by Chancellor Angela Merkel had already agreed on this. If the current coalition government has its way, the coal phase-out would ideally be completed by 2030.
Hardly any other market in Germany has undergone as rapid a change in recent years as the market for battery storage. Within ten years, battery storage systems with a total of 6.5 GW power and 10.1 GWh energy have been installed.
21. September 2023 / / 0 Comments In August 2023, the German energy market experienced record-breaking electricity generation from wind and solar. However, this is not the only thing that is causing problems for coal. In the meantime, the increased CO2 prices also mean a significant competitive disadvantage for fossil energy generation. Gas and oil prices did not settle down in August either. The LNG strike and OPEC production cuts drove prices up.
30. June 2023 / / 0 Comments 
May 2023 held some exciting news for the energy industry. The German Minister of Economics, Robert Habeck, presented a working paper on the industrial electricity price. While industry representatives praise the concept, there are also critical voices. In May, the French National Assembly voted in favor of more nuclear power. In addition, the EEX published the first market-based index for hydrogen.
Will Germany put an end to oil and gas heating by 2024? Market participants have received the amendment to the Building Energy Act (GEG) with much criticism. It has been the subject of some fierce discussions. Some call it a “heating hammer” that will plunge us into economic ruin. For others, the resolutions do not go far enough. In other words, they demand a tougher stance on climate protection.
