CEE News

Chinese European Energy News

Author: Simon Göß (page 1 of 12)

Sonnen and Tennet utilize home storage for grid stabilization using Blockchain technology

Transmission system operator Tennet and storage supplier Sonnen aim to interconnect photovoltaic home storage systems and to apply them in a way that assists the power grid. In the pilot phase, flexibility consisting of 24 MW storage capacity will be used as battery-related redispatch in order to reduce the feed-in management (curtailment) of wind energy.
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Imbalance of taxes and levies hinders energy transition

A fundamental study by the think tank Agora Energiewende has examined the tax and levy system in the German energy market. The result: Imbalance of the energy price benefits climate-damaging energy carriers.
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Weekend and 1st of May result in record low electricity prices

The price for base load delivery of power was -24.27 EUR/MWh on Monday, 1st of May, its lowest value for 52 months. The reason for this price is low demand combined with high wind feed-in. On both Sunday and Monday, the price for peak load was below the price for base load.
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German Federal Network Agency: 20 GW is not flexible enough to react to negative prices

According to the Federal Network Agency (BNetzA) 20 GW of the German conventional power plant capacity also feeds electricity into the grid during times of negative electricity prices, due to technical restrictions. Lignite-fired and nuclear power plants constitute the bulk of this inflexible base (70 percent), which ended up losing money during negative prices and where not necessary for guaranteeing grid stability.
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The end of coal in the EU – at least partly

Sun ries behind coal power station ( Credit: Phil Noble/Reuters ) Eurelectric, the European association of the electricity sector, has decided by a large majority that its members will not build new coal-fired power plants from 2020 onwards. However climate protection goals can only be achieved by decommissioning coal-fired power plants.
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Offshore tender in Germany: Average remuneration rate of only 0.44 cent/kWh

Projekt Meerwind SÜD | OST (WIND MW) The first tender for offshore wind power in Germany ended with a surprising result. The weighted average mean of the price in the auction was 0.44 cent, the lowest bids with 0 cent/kWh and the highest with 6 cent/kWh.
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What will the electricity market of the future look like?

For the sixth time already Energy Brainpool has hosted the symposium “Electricity Market of the Future”. From 21st to 22nd of March 2017 experts from business, science and politics discussed current topics of the German and European energy sector. The symposium revolved around the question how the electricity market could be further developed. In detail, future regulation mechanisms, energy storage, the future of short-term trading, possible price drivers in global commodity markets, as well as opportunities and risks of big data, blockchain and digitalisation were discussed.
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IBM and Chinese Energy-Blockchain Labs build blockchain-based carbon asset management platform

The technology giant and the Beijing-based Energy-Blockchain Labs want to use the new platform for allowing its users to manage their carbon assets. With the help of blockchain technology they want to improve efficiency in China’s national carbon market, which will be opened during 2017.
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Germany’s CO2-emissions: Between ambition and reality

Sun ries behind coal power station ( Credit: Phil Noble/Reuters ) Total greenhouse gas emissions of Germany in 2016 rose by 4 million tons compared to 2015. The reduction target for emissions of 40 percent by 2020 will not be attainable with current measures. An annual decline of 40 million tons until 2020 would be necessary to achieve the target.
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Addition of 8.4 GW of new wind power until 2018 in Germany

strom-2030 (© istockphoto.com/NI QIN) With 8840 MW of wind power successfully approved by the end of 2016, this capacity could still be remunerated through the regular and fixed feed-in tariff. Only 5 percent of the approved capacity aims to take part in the tendering procedure.
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Transitioning the heating sector – What is necessary for decarbonizing the heating sector?

Titel (iStock/bubutu) Huge efforts are required in order to achieve the targets in the German climate action plan 2050. According to Agora Energiewende, increasing renovation rates, the installation of heat pumps and a stronger expansion of renewable energies will be necessary.
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Power statistics China 2016: Huge growth of renewables amidst thermal-based generation

Total electricity consumption in China rose to 5920 TWh last year. Renewables had a share of more than 25 percent, while year-on-year growth for thermal power generation was largest.
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