Latest news
Power 10/10/2024, 17:32
Gas & Heat 10/10/2024, 16:49
Gas price reaches annual high
Berlin - Geopolitical uncertainties are making themselves felt in gas trading this week. The day-ahead price on the Dutch TTF recently reached its highest level of the year so far. The biggest threat scenario is in the Middle East. However, the 2025 transit through Ukraine also remains an issue.
Market & Industry 10/10/2024, 16:35
Support level holds at 60 euro mark
Willich - Weak economic data should actually have a dampening effect on the price of emissions certificates. Instead, they have been trading firmer in the EU ETS in recent days.
News
Politics
Politics 10/10/2024, 13:30
Liberal Democratics puts the brakes on reducing grid fees
Berlin - While calls are coming from industry for a rapid reduction in energy costs by lowering grid fees, the Liberal Democratic FDP party is taking a cautious approach, arguing that in order to reduce grid fees, the expansion of the grids must become more favourable instead. The Social Democratic SPD, however, believes that the state has a duty.
Politics 09/10/2024, 18:29
Cabinet agrees on TEHG amendment
Berlin - The European emissions trading scheme for buildings and transport was supposed to have been finalised by the member states in the middle of the year. Now things are progressing slowly in Germany.
Politics 09/10/2024, 15:07
Energy audits: Lack of skilled labour causes concern
Berlin - New rules on energy audits in companies are intended to unlock untapped energy efficiency potential. The current amendment to the law is driving the industry. One problem: there is already a shortage of experts, certifiers and consultants. This makes it very difficult to meet the planned deadlines for the introduction of energy management systems.
Politics 09/10/2024, 11:26
EU wants more funds for climate financing at COP29
Brussels - At the upcoming climate summit, the EU wants to push for a higher contribution to financing climate damage. EU finance ministers have agreed on this. The ministers see an important role for the private sector.Market & Industry
Market & Industry 10/10/2024, 13:52
Stadtenergie: Suspicions of manipulation confirmed
Dortmund - In May, the Dortmund-based energy supplier DEW21 was rocked by a major billing error at its sales subsidiary Stadtenergie. The company has now made the results of the completed investigation public. According to the results, the incorrect billing affected far more customers than previously thought.
Market & Industry 10/10/2024, 13:36
IKB: Loans for industrial transformation in the SME sector
Düsseldorf - The transformation towards climate neutrality is also a financial challenge for many medium-sized industrial companies. Together with the European Investment Bank (EIB), Deutsche Industriebank (IKB) is launching a new loan programme with a volume of 400 million euros to address this issue.
Market & Industry 09/10/2024, 17:18
Getec launches PV joint venture for property investors
Hanover/Frankfurt - Hanover-based Getec is breaking new ground in the energy transition in existing buildings through a new joint venture. Together with a fund and asset manager, Getec Green Energy has now founded a new service provider which, as a project developer and tenant electricity provider, is aimed directly at major investors and funds.
Market & Industry 09/10/2024, 16:11
"We want to simplify energy trading radically"
Frankfurt/Main - The start-up Otark wants to bring together commercial electricity consumers and operators of wind and solar parks via a trading platform. energate spoke to founder and CEO Jan Quecke about the business idea and the current challenges facing industry and commerce when it comes to energy procurement.Power
Power 10/10/2024, 11:31
Green bonds: 50 Hertz secures a billion-euro deal
Berlin - Grid expansion is well-received by the capital market: The transmission system operator 50 Hertz has raised a total of 1.5 billion euros in debt capital via two so-called green bonds. This is already the second transaction of this amount in the current year.
Power 10/10/2024, 10:40
Total Energies names offshore wind projects
Berlin - Total Energies is planning three offshore wind projects in the German North and the Baltic Sea. The three wind farms have now been given names instead of licence numbers.
Power 09/10/2024, 18:36
Renewable capacity to nearly triple by 2030
Paris - Projected growth in renewable energy could exceed global targets by 25 per cent by 2030, according to a new report from the International Energy Agency. Photovoltaics and wind power dominate the expansion and could account for almost all of the increase in renewable capacity.
Power 09/10/2024, 18:00
Clear differences in time-variable grid charges
Aachen - From next year, grid operators will have to offer time-variable tariffs for controllable consumers. These are designed very differently, as an exclusive analysis of preliminary price sheets by energate revealed.Gas & Heat
Gas & Heat 10/10/2024, 14:30
Gas grid fees rise, electricity grid fees fall
Hückelhoven - Grid charges account for almost 19 per cent of the price of gas. According to initial estimates, transmission will become more expensive in 2025 - beyond 20 per cent. There is better news for electricity.
Gas & Heat 09/10/2024, 17:01
Municipal utilities take over former natural gas well
Hanover - Exxon Mobil is leaving a former natural gas well to the municipal utility Stadtwerke Munster-Bispingen for subsequent geothermal utilisation. The oil company advertises that it has other oil and gas wells that could be used to generate heat.
Gas & Heat 09/10/2024, 16:08
Hybit project: Electrolyser reaches Bremen
Bremen - The electrolyser for the 10 MW plant of the Hybit project in Bremen has reached its destination. The plant will supply green hydrogen to the Arcelor Mittal plant.
Gas & Heat 09/10/2024, 11:28