Although the economy suffered a slump in the first few months of last year, electricity consumption rose by almost 300 TWh over the year 2020 as a whole. The shares of renewable energies in electricity generation increased. Especially in the last quarter of 2020, more PV and wind capacity was added than is installed in Germany up to now.
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.
There are currently numerous debates about the potential of hydrogen. The question is which role hydrogen will play in the energy transition. In this article, you can find out which political regulations have already been made and which changes are just around the corner.
Hydrogen is and remains a hot topic in February 2021 with new project announcements. Furthermore, there were outright records in the prices for CO2-certificates. Commodity prices also rose in February, while renewable power generation was weak compared to the same month last year.
There are more and more indications that the increased use of hydrogen from renewable or non-CO2-emitting sources is necessary for increased climate protection efforts. The Federal Government’s National Hydrogen Strategy aims to set the framework for hydrogen production and utilisation in Germany.
By the end of 2020, the Spanish government approved the reformation of its renewable energy (RE) auctions. More precisely they did that in order to support the achievement of their RE targets outlined in its National Energy and Climate Plan (PNIEC 2030). In this blogpost, we will discuss the consequences.
After a long back and forth, the Renewable Energy Act (EEG) 2021 was finally approved in the German parliament on 17 December 2020 and came into force on 1 January 2021. This blog post outlines the most important changes of the amendment and gives an up-to-date insight into the PPA market.
In the past few months, new record levels for electric car registrations have been recorded. What exactly this development looked like, what effects the new emissions reform will have on e-mobility and whether more charging stations or more e-cars are needed to achieve the goals of the federal government. All of this is explained in this article.