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Gas & Heat 14/11/2024, 15:40
Market & Industry 14/11/2024, 15:37
Aspirations and reality diverge
Berlin - The economy must also drive its greenhouse gas emissions towards zero. Many companies - though not all - have recognised this and have adopted their own decarbonisation strategies. However, paper is patient.
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. …
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Politics
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.
Politics 12/11/2024, 16:45
DGB argues in favour of CCS at gas-fired power plants
Berlin - At the Energy Transition Congress organised by the German Energy Agency, DGB chairwoman Yasmin Fahimi argued in favour of CCS solutions for existing gas-fired power plants. Grid fees were also discussed on the podium - and all eyes are now on the CDU/CSU.
Politics 12/11/2024, 16:00
Climate conference adopts resolution on CO2 offsetting
Baku - It is hardly surprising that nearly 200 countries cannot agree on some issues. One of these blockades has now been broken, at least with an unusual approach. But for many, it has set a dangerous precedent.Market & Industry
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.
Market & Industry 13/11/2024, 13:40
"The energy transition does not have to fail due to financing"
Stuttgart - The transformation of the energy system will require substantial investment, including from private investors. However, German-based institutional investors in particular have been reluctant to get involved. It is time for this to change, says Ingo Voigt, Managing Director of AIF Infrastructure GmbH, in a guest comment.
Market & Industry 13/11/2024, 13:14
Price ticker: Stadtwerke Bochum cuts gas price
Essen - The energate news ticker on the development of energy prices for end customers provides a quick and comprehensive overview of current price changes from electricity, gas and heating suppliers. Today: Stadtwerke Bochum is lowering its gas prices at the turn of the year.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, 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
Housing association criticises sky-high disctrict heat prices
Schwerin - Rising district heat prices are a delayed consequence of the gas crisis. This has shocked housing companies and tenants. Suppliers such as the public utility Stadtwerke Rostock are defending themselves against the accusations.
Gas & Heat 13/11/2024, 13:48