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.
While the EEG amendment for 2021 has still not been finally adopted, the new energy balancing market started in Germany on 2 November 2020 and the EU Commission has approved the German coal phase-out. Prices on the futures market rose again in November 2020.
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.