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Category: Energy Economy (page 1 of 8)

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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Profitability of non-subsidized offshore wind farms

Projekt Meerwind SÜD | OST (WIND MW) 1380 MW offshore wind power plants forego state subsidies. According to the experts at Energy Brainpool, the average revenue for non-subsidized offshore wind farms will grow from around 53 EUR/MWh in 2025 to around 76 EUR/MWh in 2035.
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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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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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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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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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Dreaming of the copper plate: How physics and power trading diverge

Power-poles Germany as a central hub of the European power trading is a net electricity exporter. A detailed analysis however reveals pronounced differences between Germany’s electrical neighbors, as well as between commercial schedules for power trade and actual physical power flows in the grid.
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Renewable energy and the grid expansion in China

Q1 2016 Wind Power Curtailment Levels by Province (Azure International) The expansion of renewable energy power stations happens at a faster rate than the electricity network is being built up. The curtailment of wind energy is therefore often the rule instead of the exception.
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E-Mobility and the Blockchain: The „Car eWallet“

Innogy Innovation Hub, the bank UBS and the automotive supplier ZF want to simplify the payment procedures for electric cars at charging stations with their new development: The payment system “Car eWallet”. The three companies use blockchain technology for this new system.
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Power generation in Germany 2016: More gas, renewables stable

Solar energy (ecosetter) Even though generating capacities for wind and PV grew in 2016, the electricity generation of both renewables declined by about 1 percent compared to 2015. Power generation in gas-fired power plants experienced the highest growth with an increase of more than 40 percent.
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