In the coming years, PPAs and non-subsidised renewables will also come to Germany. This became clear in February 2019. In addition, the transmission system operators have published the first draft of the new network development plan for 2030. The expansion of the grid will become more expensive. While the tender values for Photovoltaics (PV) and wind remained high in the first tender in 2019, the long-term prices on the futures market declined in February.
Last year was again a good year in terms of PV expansion in China with now 175 GW. However, also total electricity consumption grew pronouncedly by 540 TWh offsetting gains in the renewable part of the generation mix, while generation from thermal fossil-fueled power plants increased as well. LNG to play a central role to cover China`s gas consumption in the future.
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.
September 2018 showed its might. High commodity prices with subsequent corrections, as well as a series of political announcements at EU and German level. In addition: The condemned live longer. Blockchain technology is not yet at an end.
The currently rising wholesale price for electricity is particularly pronounced in Poland. As before (e.g. August 2015), the old Polish power plant park is not in a position to cover the entire demand for electricity in times of shortages. Where the demand is high, there follows the price.
The decisive topic for the energy industry in August 2018 was the record temperatures, which together with new record high prices for CO2-certificates of over 20 EUR/ton boosted electricity prices. It seems that higher prices for commodities and electricity will become the new “normal”.
Renewable energies are on a record course during the first half of 2018 in Germany, with around 41 percent of net electricity generation coming from renewable sources. This makes it easy to forget that other parameters are also important for the success of the energy transition. In particular, the goals of climate protection and efficiency are pushed to the background, as the monitoring report on the state of the energy transition and an accompanying statement of an expert commission shows.
In the following article, the guest-author Maximilian van Beuningen outlines a near energy future. The questions behind this scenario are as follows: What can everyday life look like as digitisation and the energy transition continues? Which megatrends and technologies will influence everyday life in 2030? Can people take advantage of the opportunities? And which business models will result from this? The answer is a progressive short story about the fictional protagonist Julia Müller.