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?
Continue reading
© ket4up / Fotolia &
© Renáta Sedmáková / Fotolia
© Renáta Sedmáková / Fotolia
Energy BrainBlog
Blog by Energy Brainpool GmbH & Co. KG
Tag: Energy Policy (page 1 of 18)
Continue reading
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.
Continue reading
Energy Market Review August 2023
21. September 2023 / / 0 Comments Series: Coal Market, Energy Economy, Energy Policy, Europe, Prices, Renewable Energy
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.
Continue reading
Energy Market Review May 2023
30. June 2023 / / 0 Comments Series: Commodity markets, Energy Economy, Energy Policy, Europe, Prices, Renewable Energy
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.
Continue reading
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.
Continue reading
Energy Market Review April
5. June 2023 / / 0 Comments Series: Energy Economy, Energy Policy, Europe, Power Market, Prices, Renewable Energy
In April 2023, there were some remarkable developments in the energy markets. The EU is paving the way for a stringent ETS (Emissions Trading System). In mid-April, the last nuclear power plants were shut down, effectively sealing the fate of nuclear power in Germany. The EU platform for centralised gas procurement is now accepting its first offers. Despite suboptimal weather conditions, renewable energy sources reliably continue to deliver electricity.
Continue reading
War, gas shortages and extreme prices: 2022 throws energy markets off track
14. December 2022 / / 0 Comments Analysis: Energy Economy, Energy Policy, Energy supply, Natural Gas Market, Prices, Renewable Energy
The year 2022 is primarily dominated by the Russian-Ukrainian war. The resulting geopolitical changes caused a state of emergency on the power markets this year. However, the framework conditions for the energy industry will not be the same in the future: energy security, diversification as well as efficiency and savings measures are coming to the fore. In the short term, energy prices in the EU have risen to record levels. The consumption of natural gas in Germany has already been reduced year-on-year. In the coming months, it will remain important to keep an eye on gas import volumes and the filling levels of storage facilities.
Continue reading
Energy market review August 2022
19. September 2022 / / 0 Comments Series: Energy Economy, Energy Policy, Europe, Natural Gas Market, Prices, Renewable Energy
In August 2022, the energy market shows price records in short-term trading due to news about the Nordstream 1 pipeline. Price records are also set on the futures market. The traffic light coalition puts together a third relief package. The introduction of the gas procurement levy leads to a heated discussion.
Continue reading
