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Power 30/01/2025, 17:40
Prices are normalising in the short-term market, explained one trader.
(Image: Wolfi30 - Fotolia)

Lack of LNG drives up electricity prices

Essen - The short-term market is recovering after an expensive high of over EUR 200/MWh. However, the shortage of LNG continues to cause tensions in the long-term market.
Gas & Heat 30/01/2025, 17:17
In the view of traders, the market trend is moving further and further away from the fundamentals.
(Image: Fotolia)

Gas trading prices continue their upward trend

Berlin - The upward trend on the gas trading markets remained intact this week. Traders do not see any fundamental reasons for this. The refilling of gas storage facilities is driving the trend.
Market & Industry 30/01/2025, 17:13
The chemical company Evonik will be purchasing green hydrogen from Volt H2 for its Dutch site in Delfzijl.
(Image: Evonik Industries)

Green hydrogen for Dutch Evonik plant

Delfzijl - The chemicals group Evonik is equipping its production site in Delfzijl, the Netherlands, with a large electrolyser. The company has concluded an agreement with the project developer Volt H2, which provides for the construction of a 50 MW electrolyser.
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Politics

Politics 30/01/2025, 16:00
Investments in renewable energies are paying off and must continue, environmental organisations demand.
(Image: Pixabay)

Environmental organisations: Stay on course for climate neutrality

Berlin - Stay the course towards climate neutrality, demand seven environmental organisations in a joint paper. Even after the general election, politicians must not let up on this. The organisations have five specific recommendations.
Politics 29/01/2025, 17:12

EU Commission presents new competition strategy

Brussels - The EU Commission wants the European economy and industry to become stronger in international comparison. To this end, it has presented a strategy paper. The climate targets are still in place, but the aim is now to take a pragmatic and less bureaucratic approach.
Politics 29/01/2025, 14:55

Economy continues to slide

Berlin - The German government expects gross domestic product to grow by just 0.3 per cent in 2025, according to the Annual Economic Report 2025, which was approved by the Federal Cabinet. However, Federal Economics Minister Robert Habeck says progress has been made in energy policy.
Politics 29/01/2025, 12:43

Critical infrastructure protection remains on hold until new elections

Berlin - With the KRITIS umbrella law, the outgoing German government wanted to better protect systemically important systems from threats and make them crisis-proof. Negotiations on this have now broken down between the coalition parties.
Politics 28/01/2025, 16:19

FDP: President of the Bundestag should stop energy laws

Berlin - The FDP has accused the SPD, Greens and CDU/CSU of breaking parliamentary procedural rules in connection with the latest agreements on energy legislation. Bundestag President Bärbel Bas should stop the upcoming Bundestag deliberations. After all, Bas herself had once called for appropriate procedures.
All news in the rubric Politics

Market & Industry

Market & Industry 30/01/2025, 16:19
There are currently hardly any female founders in the field of hydrogen innovations.
(Image: Envato Elements/ FoToArtist_1)

Hardly any women start hydrogen companies

Essen - There are hardly any female founders in the hydrogen sector. The reasons for this are manifold and above all have structural causes. energate spoke to Uwe Kerkmann, managing director of H2UB, about this and how the problem can be tackled.
Market & Industry 30/01/2025, 16:00

New financial services provider for energy infrastructure

Leipzig - Energieforen is launching a new joint venture with a sister company and a financial services provider. Finance Connect aims to bring together utilities and investors in regional infrastructure projects. A fund with a volume in the three-digit million range is planned.
Market & Industry 29/01/2025, 17:23

Westfalen Weser acquires shares in LSF Energy

Paderborn - It is now official: the energy supplier Westfalen Weser has acquired half of the shares in LSF Energy. The municipal energy company intends to realise its own projects with the wind farm project developer.
Market & Industry 29/01/2025, 16:20

Production in the electrical industry collapses

Frankfurt/Main - At the beginning of 2024, the German Electrical and Electronic Manufacturers' Association (ZVEI) warned of falling production figures. The year then developed even worse than expected. The ZVEI sees little cause for optimism for the current year.
Market & Industry 29/01/2025, 16:00

Meteomatics receives capital injection

Berlin/St. Gallen - Weather model provider Meteomatics has secured 22 million euros in a financing round. The aim is to further develop the weather models for the European and American markets.
All news in the rubric Market & Industry

Power

Power 30/01/2025, 12:00
According to LEE NRW, the state government wants to stop a total of 1,500 wind energy applications.
(Image: Envato/Rimidolove)

Wind permits: LEE NRW criticises the state's plans

Düsseldorf - The NRW Renewable Energy Association (LEE NRW) has criticised the state government for its plans to stop approvals for wind turbines outside of planned priority areas. Together with the federal government's plans, up to 1,500 wind turbine sites are to be affected.
Power 29/01/2025, 17:18

Plastics manufacturer uses wind power from Vattenfall

Wesseling - The Dutch company Lyondell Basell is betting heavily on offshore wind power from Vattenfall to decarbonise a chemical plant in Germany. Electricity is to be supplied via a PPA from the North Sea wind farm Nordlicht off Borkum.
Power 29/01/2025, 16:05

Klaus Müller wants building cost subsidies for renewables

Berlin - In November 2024, the Federal Network Agency presented a position paper on the levying of construction cost subsidies. Since then, discussions have been ongoing about the sense and nonsense of this approach. At a conference in Berlin, Klaus Müller, president of the Federal Network Agency, reaffirmed the agency's position.
Power 29/01/2025, 14:45

Study: Electricity prices will rise despite renewables

Berlin - The price of electricity will rise in the coming years despite the expansion of renewables. This is the conclusion of a study that calculated the influence of various factors in six scenarios. The price will also rise if nuclear power is revitalised.
Power 28/01/2025, 15:27

Ane Energy supplies green electricity to Schott via PPA

Husum/Mainz - The manufacturer of speciality glass Schott is aiming for climate-neutral production by 2030. To achieve this, the company needs green electricity. Ane Energy will supply this for two years.
All news in the rubric Power

Gas & Heat

Gas & Heat 30/01/2025, 14:35
The market area manager THE distributes surpluses from the RLM balancing levy account.
(Image: Envato Elements/recstockfootage)

THE distributes surpluses

Düsseldorf - There is a large surplus in the account for the RLM balancing levy for the 2023/24 gas year. According to THE, this will be paid out in February.
Gas & Heat 29/01/2025, 18:00

LNG terminals: Regas complains about distortion of competition

Mukran - The LNG terminal in Mukran on the island of Rügen has barely been utilised to date. The operator, Deutsche Regas, sees one reason for this in the competition-distorting support from the government for the terminals of the state-owned Deutsche Energy Terminal (DET).
Gas & Heat 29/01/2025, 15:12

Gas market can compensate well for supply disruptions

Cologne - After the crisis year of 2022, the gas supply in Germany is now better prepared for disruptions. This is the conclusion of a risk report commissioned by the Economics Ministry.
Gas & Heat 29/01/2025, 14:56

Envitec expands biomethane production

Lohne/Sarbeck - The biogas plant manufacturer Envitec has invested money and expanded its biomethane production. This is the company's response to increased demand. However, this is not the only reason why the management is positive about the future.
Gas & Heat 29/01/2025, 10:45

Waiting for the 'Unionsdatenbank' creates uncertainty

Münster - The mandatory introduction of the 'Unionsdatenbank' is still a long time coming. In addition to the Landwärme insolvency, this is causing further uncertainty in the biomethane market. Prices remain at a low level, which indicates a continued reluctance to invest and trade.
All news in the rubric Gas & Heat