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Energy BrainBlog

Blog by Energy Brainpool GmbH & Co. KG

Tag: Short-term market

No more woes on the gas market? A review of the current developments

Prices on the European gas market have fallen sharply since August 2022 and Europe’s gas storage facilities are almost full. That raises the question if the situation on the gas market is relaxing. Find the most important answers and developments in this article.


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Energy market review July 2022

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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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Energy market review September 2021

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The offshore wind auction clears subsidy free. The new federal government will set the course for climate policy in Germany. Preparations for the start of national emissions trading are in full swing. New record prices for gas & co. have been set on the short-term and futures markets.


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Stabilisation in the energy market – October 2018 in review

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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.


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Energy market review – August 2017

August 2017 was characterised by the second tender for wind-onshore, the subsequent discussions about citizen energy companies and the significantly decreased price level. Despite the summer break, electricity prices have been increasing at the long end of the curve.


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3rd weekend of August: negative prices at the spot market

On Saturday, August 19th 2017, as well as on Sunday, August 20th 2017, a high production of variable renewable energies hit a low demand. The primary causes of this are the weekend and the holiday period. On both days, negative prices occurred at noon over a maximum period of five hours, so that the production was not affected by § 51 EEG 2017.


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