While the wind auction in May 2019 was heavily undersubscribed, the discussion about additional CO2 pricing is entering a hot phase. In particular, the need for measures to increase the use of renewable energies and reduce greenhouse gas emissions make this clear. On the price side, May 2019 was less decisive and, after initial gains, did not provide any long-term impetus.
The bid values increased in the first tenders in Germany for renewable energies in 2019. In contrast, CO2-limits for new cars and trucks are intended to reduce the emissions of the EU. New German power lines and power-to-gas plants should be easier to set up and plan. On the price side, the trend in April 2019 was mainly upwards. The exception: Easter holidays brought many negative prices.
At the end of March 2019, the European Parliament has given green light to the last regulations and directives of the “Clean Energy Package”. Both in Berlin and in Hamburg, the re-communalisation of energy infrastructures is imminent. While renewable energies can show new records in March, the high time of storage just starts. At the long and the short end of the electricity market, prices went down in March 2019.
With its current “EU Energy Outlook 2050”, Energy Brainpool shows long-term trends in Europe. The European energy system will change dramatically in the coming decades. Climate change and aging power plants are forcing the European Union and other countries to change their energy policies. What do these developments mean for electricity prices and revenue potential for photovoltaics and wind?
European CO2 prices have developed very dynamically in 2018. They rose to over 25 EUR/ton in September and then fell sharply again within a few days. Prices however have also fluctuated considerably in recent years. How does this affect the price of electricity? And what can we expect in the future, especially in view of upcoming fourth phase of the ETS (Emissions Trading System)? Guest author: Michael Claußner (Junior Expert at Energy Brainpool)
A new law for the energy sector has been agreed on with some delay. It has important changes in store for the coming period. The Coal Commission also has new findings. At the long end, the prices, driven by global economic uncertainties, mainly went down. But they caught up again in the end of November 2018.
Why is it that the proportion of new registrations of electric vehicles is so low compared to that of combustion engines? The fear of a low range is still making the rounds. And user unfriendliness is common in the jungle of charging cards and tariffs. But is the worry of not arriving justified? What solutions are there to simplify the charging process? All this in the second part of our series on e-mobility.
The split of the German-Austrian price zone has been carried out. As expected, it has resulted in higher electricity prices for the Alpine country. The terms of the special tenders for renewable energies were announced, while the renewable tenders for October led to higher levys again. The fact that the EEG levy for 2019 is lower than in 2018 is mainly due to the higher prices on the electricity market.