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Gas & Heat 11/10/2024, 09:37
"The interruption or delay of such projects hampers German industry considerably," warns Louise Maizières from the DIHK.
(Image: DIHK)

"Stopping the hydrogen pipeline will hit our economy"

Berlin - First Norway, then Denmark. Important projects for the import of green and blue hydrogen are being delayed or cancelled altogether. The halt to these projects is hitting the German economy particularly hard, says DIHK head of department Louise Maizières.
Power 10/10/2024, 17:32
The industry also discussed the "exploding prices" of transformers.
(Image: APG/Florian Harold)

Head of Federal Network Agency Müller open to producer grid fees

Berlin - At the BDEW congress 'Treffpunkt Netze', the head of the Federal Network Agency raised the question of whether electricity producers will have to contribute to the financing of the grids in future. There are good reasons to change the current regulation, he said.
Gas & Heat 10/10/2024, 16:49
Geopolitical uncertainties are causing gas prices to rise again.
(Image: Fotolia)

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.
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Politics

Politics 10/10/2024, 15:46
The European wind industry is supported by the European Investment Bank (EIB).
(Image: Susi Partners AG)

EIB provides guarantees for wind investments

Luxembourg - The European Investment Bank (EIB) is granting the Italian bank Intesa Sanpaolo a counter-guarantee of 500 million euros. This should lead to investments in the wind industry totalling 8 billion euros.
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.
All news in the rubric Politics

Market & Industry

Market & Industry 10/10/2024, 16:18
The Munich-based start-up specialises in energy sharing systems for small apartment buildings.
(Image: Pionierkraft)

Pionierkraft raises capital

Munich - Pionierkraft, a provider of energy sharing systems, has successfully completed a round of funding. According to the company, it has raised a "high seven-figure sum". The Munich-based company is targeting smaller apartment blocks with its system.
Market & Industry 10/10/2024, 15:30

Naturenergy now with dual leadership

Eggolsheim - The generation division of green electricity provider Naturstrom now has a dual leadership. Jürgen Koppmann, the former CEO of Umweltbank, is the second managing director, alongside former Naturstrom CEO Thomas Banning.
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.
All news in the rubric Market & Industry

Power

Power 10/10/2024, 16:09
The monthly bands for November and December remain below 90 €/MWh despite fluctuations.
(Image: Wolfi30 - Fotolia)

Price jumps of almost 40 euros in the day-ahead segment

Essen - Rollercoaster ride for electricity prices: The day-ahead had a lively week. The reason for this is the volatile feed-in volumes of renewable energies.
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.
All news in the rubric Power

Gas & Heat

Gas & Heat 10/10/2024, 15:48
Significantly less heating was used in German homes in 2023.
(Image: Envato Elements/Nadianb)

Significant drop in heating energy consumption

Eschborn - The year 2023 was another year of record prices for heating costs. As a result, households heated significantly less. This is shown by a recent analysis by metering service provider Techem. However, it highlights a completely different point.
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

"Insulation has received little attention so far"

Berlin - Renovation rates in Germany remain too low. There is still a lot of room for improvement, particularly when it comes to insulating the building envelope. The Building Energy Act was actually rather counterproductive in this respect, writes Tim Wolf, managing director of WDDH, in a guest comment for energate.
All news in the rubric Gas & Heat