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Market & Industry
16/08/2024, 16:52
Politics
16/08/2024, 16:35
What the capacity market of the future could look like
Aachen/Berlin - At the beginning of August, the Federal Ministry for Economic Affairs presented the options paper for the electricity market design of the future. In it, the Ministry argued in favour of a combined capacity market in addition to the existing energy-only market. A paper that has now been published discusses the design of a capacity market.
Power
16/08/2024, 16:29
PPC passes procedure for submetering adapter
Mannheim - The device manufacturer PPC has secured the Accelerated Security Certification BSZ (Beschleunigte Sicherheitszertifizierung) for the new CLS adapter Submetering 2, which enables particularly secure communication of consumption data.
News
Politics
Politics
16/08/2024, 08:30
EU still largest importer of Russian fuels
Helsinki - Finnish researchers estimate that Russia has earned 725 billion euros from the export of fossil fuels since the start of the Ukraine war. The EU, the largest buyer, has paid around 200 billion euros - with Germany leading the way.
Politics
15/08/2024, 16:28
EEG costs could rise to 23 billion euros
Essen - According to a forecast by the Leibniz Institute for Economic Research (RWI), the costs of promoting renewable energy could rise even higher than previously assumed. The institute anticipates costs of up to 23 billion euros.
Politics
15/08/2024, 13:06
Scholz and Habeck are to stop gas project near Borkum
Berlin - In an open letter to Federal Chancellor Olaf Scholz and Minister of Economics Robert Habeck, eight environmental organisations are calling for a halt to the planned natural gas drilling near Borkum.
Politics
14/08/2024, 12:00
No time pressure from EU for German repository search
Brussels - Germany is allowed to take its time in finding a nuclear waste repository. This is the result of a request to the EU Commission. The German government's plans do not conflict with the Euratom Directive on the disposal of radioactive waste.Market & Industry
Market & Industry
15/08/2024, 16:58
CO2 prices trade sideways over the week
Willich - The financial and energy markets are currently in a very nervous mode. Nevertheless, there was little movement on the CO2 market during the reporting period. On Monday 12 August, there was a temporary price spike, with an increase of 4.3 per cent. The correlation between emission allowances and the gas market remains high.
Market & Industry
15/08/2024, 15:42
Despite slump in profits: MVV satisfied with business figures
Mannheim - A 54 per cent decline in business results is normally a cause for concern. But not at Mannheim-based regional supplier MVV Energie. The company has "successfully held its ground in a difficult market environment", commented CEO Georg Müller.
Market & Industry
15/08/2024, 15:33
Ørsted cancels plans for e-fuel production
Fredericia - Flagship One was due to go into operation in 2025. Ørsted wanted to produce e-fuels based on 'green' methanol on a large scale. Fourteen months after the start of construction, the Danes stopped the project and accepted write-downs in the three-digit million range.
Market & Industry
15/08/2024, 11:51
Baywa: 574 million euros cash injection to combat the acute crisis
Munich - The negotiations between Baywa's management and its financial partners have been successful: The severely ailing conglomerate will receive more than half a billion euros in fresh capital from its principal banks and shareholders, giving it time to draw up a restructuring concept by the end of September.Power
Power
16/08/2024, 10:00
"Restrictions keep floating PV small"
Düsseldorf - North Rhine-Westphalia ranks third in Germany in terms of solar expansion. However, according to the NRW Renewable Energy Association, more is possible with the optimal utilisation of lake areas for floating PV. Thomas Griese, deputy chairman of LEE NEW, also emphasised this in his guest comment.
Power
15/08/2024, 15:50
Futures market continues to rise
Aachen - The war between Russia and Ukraine continues to cause unrest on the gas market, which is also having an impact on the electricity market. At the same time, there are also signals in the opposite direction.
Power
15/08/2024, 13:20
Large differences in dynamic electricity tariffs
Berlin - The number of dynamic electricity tariffs on offer has so far been manageable. However, the pricing is becoming less transparent. The consumer organisation Stiftung Warentest is now trying to shed some light on the situation.
Power
15/08/2024, 12:00
'Germany line' fully authorised
Altheim/St. Peter am Hart - Nothing stands in the way of the construction of the so-called 'Germany line'. The final planning section has been approved, Tennet announced.Gas & Heat
Gas & Heat
16/08/2024, 13:50
Rhine-Main wants to become an H2 model region
Darmstadt - Supplying industrial customers is one of the few remaining sources of hope for gas distribution grid operators. In the Rhine-Main region, the three Hessian energy suppliers Entega, ESWE and Mainova are now realising a joint project that is set to become a blueprint for other regions.
Gas & Heat
16/08/2024, 13:36
"The hydrogen market will not work without a distribution grid"
Darmstadt - The utilities Entega, ESWE and Mainova are jointly planning a hydrogen distribution grid in the Rhine-Main region. From 2028, they want to supply industrial customers and power plants in southern Hesse with hydrogen. energate spoke about this with Marie-Luise Wolff, CEO of Entega, and the future CEO of ESWE, Jörg Höhler.
Gas & Heat
16/08/2024, 12:54
DUH successful with lawsuits against Shell and Entega
Darmstadt/Hamburg - Whether green gas in the heating system or CO2 compensation at the petrol station. CO2 emissions are released into the atmosphere and cannot be fully offset by forest conservation projects. This is criticised by the environmental organisation Deutsche Umwelthilfe, which has taken legal action against misleading advertising for climate-neutral products.
Gas & Heat
15/08/2024, 16:11