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Blog by Energy Brainpool GmbH & Co. KG

Tag: Energy supply (page 1 of 2)

Energy market review July 2022

Sila Akat 10. August 2022 / / 0 Comments
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Energy markets remain in turmoil in July 2022 due to the ongoing Russia-Ukraine war, with prices in the short-term and futures markets fluctuating as a result of new developments. Energy company Gazprom cuts supplies by half. To reduce Germany’s dependence on Russian gas, there are plans to bring back hard coal and oil-fired power plants that are waiting in the grid reserve. The Bundestag initiated a new amendment to the Renewable Energy Sources Act, where the expansion targets for renewable energies were raised.


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Russia throttles pipeline flows, US LNG supplies restricted: Can we achieve the European storage targets in 2022?

Calvin Triems 22. June 2022 / / 0 Comments
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After the outlook for European gas-supply security improved significantly in May 2022, current developments are worrying. First, it is announced that US LNG export capacity is limited for the near future, then Russia significantly cuts supply volumes via the important Nord Stream 1 pipeline.


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Energy market review May 2022

Sila Akat 13. June 2022 / / 0 Comments
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Energy Brainpool
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The energy markets remain in turmoil because of the ongoing Russia-Ukraine war. Besides that, the short-term and futures markets continue to react to new developments with price fluctuations. With the REPower package, the EU is outlining a path to independence from Russian fossil fuels towards the accelerated expansion of renewable energy sources. In addition, the Federal Network Agency has announced the results of the tenders for second segment solar plants and the innovation tender.


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Rocket program for German LNG terminals

Simon Göß 13. May 2022 / / 0 Comments
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Shares of natural gas import countries in Germany and the EU (source: Energy Brainpool, 2022)
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Reducing dependence on Russian gas is the order of the day. Thus, import LNG terminals will soon play an important role in Germany. The idea of building import terminals for liquefied natural gas (LNG) on the German coast is already several years old. However, political support for the construction of the planned facilities in Brunsbüttel, Wilhelmshaven and Stade was limited. Moreover, investment decisions by economic actors also dragged on for a long time, were put on hold or planning was very slow.


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Energy market review March 2022

Sila Akat 7. April 2022 / / 2 Comments
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Energy Brainpool
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The Russia-Ukraine war is having a lasting impact on the energy market. While prices on the short-term and futures markets are skyrocketing, the government is trying to counteract this. With a relief package, the end consumer is to be less burdened and the emergency plan is to secure the gas supply. In the EEG “Easter package”, higher tender volumes for renewable energies were written down.


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Two different energy systems: France and Germany compared

Simon Göß 24. March 2022 / / 0 Comments
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Shares of different energy sources in primary energy consumption in France (inner ring) and Germany (outer ring) in 2019, in percent (source: Energy Brainpool)
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The energy systems of the two largest EU countries differ. A comparison of the electricity sectors in particular shows the contrasts. Electricity generation in France is dominated by nuclear power, which accounts for almost 70 percent, while Germany’s electricity mix relies on coal and natural gas as fossil fuels for one-third of the total. Follow us in this article as we explore the differences between the two energy systems.

Just by looking at the primary energy consumption of the two countries, the differences between France and Germany become clear. France’s primary energy consumption of about 10000 PJ was for many years about one third lower than that of Germany. However, in addition to the higher economic output, the high shares of coal-fired power generation in Germany also played an important role.


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Price rally across the energy markets

Simon Göß 18. October 2021 / / Comments Off on Price rally across the energy markets
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Level of German gas storage facilities at the beginning of the month 2016 - 2021 in TWh (source: Energy Brainpool)

Energy crunch in Europe? Energy prices have been breaking one record after another for several weeks. Where does the extreme rise in electricity, coal and gas prices come from? Is the price rally a short-term outlier or a sign of higher energy prices also in the future? In this article, we explain main global and regional causes of the current price developments on the energy markets.


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Hydrogen Boom in the Gas Network Development Plan

Simon Göß 19. August 2021 / / Comments Off on Hydrogen Boom in the Gas Network Development Plan
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Wasserstoff
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The scenario framework of the transmission system operators for gas (FNB Gas) for the 2022 – 2032 Network Development Plan contains some interesting figures. For example, there were over 100 project notifications for hydrogen projects in Germany. With almost 25 GW of electrolysis capacity by 2030, these figures exceed the plans of the German national hydrogen strategy many times over.


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