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Power 14/11/2024, 17:13
Market & Industry 14/11/2024, 16:51
HH2E initiates provisional self-administration
Berlin - The Berlin-Charlottenburg Local Court has approved the insolvency proceedings under the responsibility of HH2E. The company is looking for a new investor.
Market & Industry 14/11/2024, 16:42
Dark doldrums support demand for EUA
Willich - CO2 certificate prices experienced a rapid rise of 5.8 per cent in week 45, driven by increased demand from conventional power plants. New market developments and potential gas restrictions are fuelling further volatility.
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Politics
Politics 14/11/2024, 15:00
New EU Commissioner wants to reform competition
Brussels - The proposed new EU Commission is one step closer to being appointed. The EU Parliament has listened to the Commissioners-designate for Competition and Industry. The posts are likely to go to a Spanish Social Democrat and a French Liberal.
Politics 14/11/2024, 11:45
"Smart climate policy strengthens stability and resilience"
Berlin - Sceptics of climate protection measures are currently spreading at both national and international level. Yet climate protection is not an end in itself, says our guest commentator, Simon Müller, Director Germany at Agora Energiewende.
Politics 13/11/2024, 17:07
Finance Minister Jörg Kukies doubts decision on power plant strategy
Berlin - The power plant strategy will probably no longer be implemented before the general elections. This was stated by German Finance Minister Jörg Kukies at an economic summit in Berlin. Economics Minister Robert Habeck had previously expressed hope. Meanwhile, the industry is pressing for clarity.
Politics 13/11/2024, 15:38
Federal Cabinet approves Energy Industry Act and real-world labs
Berlin – The remaining Social Democrat-Green government has made at least a small step forward with the remaining legislative projects. The Energy Industry Act (EnWG) amendment and the Real-Lab Act have passed the federal cabinet. Whether a majority will be found in the parliament remains questionable.Market & Industry
Market & Industry 14/11/2024, 15:15
Baywa crisis: Deep red figures and Bafin investigations
Munich - Baywa, which is in serious difficulties, is not coming to rest. A few weeks before the final restructuring report to rescue the agricultural and energy group is due to be presented, the Munich-based company is once again presenting figures in the deep red. The energy business in particular is causing difficulties. …
Market & Industry 14/11/2024, 14:52
SMA initiates restructuring programme
Niestetal - The manufacturer of inverters SMA has to adjust its annual forecasts. After the first nine months, it has become clear that the targets previously set for the globally active company are not achievable.
Market & Industry 13/11/2024, 17:30
RWE extends its 'Growing Green' investment offensive
Essen - 'Growing Green' is RWE's central transformation project. The weakening hydrogen ramp-up in Europe and the change of power in the USA are now prompting the Essen-based company to put the brakes on its 55-billion-euro investment offensive in renewables and hydrogen-capable gas-fired power plants.
Market & Industry 13/11/2024, 17:06
Siemens Energy in growth mode outside the wind sector
Munich - Siemens Energy is making progress with the restructuring of Siemens Gamesa and aims to break even by 2026. Although Gamesa's operating result is still in the red, the other business units are fully absorbing the losses.Power
Power 14/11/2024, 14:34
Acer warns of electricity price volatility
Ljubljana - While the expansion of renewables continued in 2023, electricity prices remained above the 2020 level. For the EU regulator Acer, this is due to the lack of flexibilisation of electricity generation, which does not reflect market developments.
Power 14/11/2024, 12:00
Dynamic tariffs: Consumers still cautious
Frankfurt/Main - Dynamic electricity tariffs will become mandatory from next year. A survey commissioned by the German Electrical and Electronic Manufacturers' Association (ZVEI) shows that consumer interest has so far been limited. However, the association also sees encouraging signs.
Power 14/11/2024, 09:41
Financing the energy transition: state or market?
Berlin - Experts discussed the financing of the energy transition at an EEX expert meeting in Berlin. Despite the judgement on the climate and transformation fund, the need for public support remains high in order to secure investments. There was disagreement about the role of the state and the CO2 price.
Power 13/11/2024, 16:28
Truck manufacturers are betting on electric vehicles
Berlin - For the mobility transition, not only cars but especially heavy commercial vehicles must be operated emissions-free. 'No problem,' say at least the truck manufacturers.Gas & Heat
Gas & Heat 14/11/2024, 14:52
Sefe gets green hydrogen from Brazil
Berlin - Sefe has sealed its first hydrogen partnership with South America. The Brazilian electricity company Eletrobras wants to supply the first green hydrogen to Germany from 2030.
Gas & Heat 14/11/2024, 11:05
Belgium plans large hydrogen transports to Germany
Neuss - A lot of natural gas arrives in Belgium, but two-thirds does not stay in the country, instead travelling on to Germany and other countries. Our neighbouring country wants to retain its role as an energy hub in the hydrogen age. A port representative and network operator gave an insight into the concrete plans at a Tüv conference.
Gas & Heat 13/11/2024, 17:00
Thyssengas starts H2 grid expansion with 35 projects
Dortmund - The excavators will be rolling at transmission system operator Thyssengas. It is preparing to implement the plan for a hydrogen core grid. Dortmund's share is around 1,100 kilometres of hydrogen pipelines.
Gas & Heat 13/11/2024, 16:26