CEE News

Chinese European Energy News

Author: Simon Göß (page 1 of 11)

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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European energy transition advances, though slower

In 2016 electricity consumption did not decline further and the investment in new solar and biomass facilities decreased. Due to less electricity generation from coal and more from natural gas, CO2-emissions in Europe went down by 4.5 percent.
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Win-win situation: E-mobility decreases emissions and accelerates expansion of renewables

The switch towards E-mobility in Germany allows for an additional PV and wind capacity addition of 63 GW, as well as an emission reduction in the private transport sector and the power generation by 70 percent.
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The call for a coal exit in Germany is getting louder

Sun ries behind coal power station ( Credit: Phil Noble/Reuters ) Within a short amount of time the Green party, the German Federal Environmental Protection Agency and the WWF have expressed the opinion that the phase out of coal energy should begin soon. Different groups and players have said and proven with scientific papers that without an ambitious plan to get rid of coal as a source of energy Germany’s climate goals cannot be fulfilled.
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