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.
Anyone who want to protect the climate with their consumption behaviour must also pay attention to the effects of their electricity consumption. Guarantees of Origin (GoOs) generally provide a great deal of information for this form of mindfulness. Unfortunately, today’s guarantees of origin are not always suitable for fulfilling consumer wishes. Our guest author Jens Leiding will shed light on this topic.
Just in time for the 20th anniversary of the German renewable energy law (EEG) a new amendment is currently being discussed. It is to be passed before the end of this year and is to come into force on January 1, 2021. In this article we explain the most important changes.
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.
What was the development for renewable energies and e-mobility in recent months? What effect did the corona pandemic have on the expansion of both and can conclusions be drawn for the rest of 2020 or beyond? These are the questions we will answer in this article.
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.
Waiting came to an end: the German government has agreed on the most important points of its Corona economic stimulus package. It seems that only the pandemic and the ensuing economic crisis have given politics a leg up. This article gives an overview of the most important changes and points of the Corona economic stimulus package for the energy industry.
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.