CEE News

Chinese European Energy News

Category: Power Market (page 1 of 6)

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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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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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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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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Development of negative power prices in Germany

The number of negative spot market prices for electricity decreased in 2016. However, the price level of negative hours has simultaneously been dropping down further.
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Negative power prices during Christmas in Germany

Windrad As already experienced in the past years negative power prices also occurred during the Christmas days of 2016. In total there have been 35 hours with negative prices on and around Christmas going down to -67 €/MWh. Low negative prices are mainly a product of low power demand, high wind power generation and inflexible must-run capacities.
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The energy year 2016: A review

IoT (River Publishers) What has changed in the power and energy sector in 2016? This short summary allows you to review the most important events of last year.
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China to start spot market pilots from 2018 onwards

trading_power_large (Copyright: Mercuria) The introduction of a spot market mechanism in China would allow for more efficient power plant dispatch based on actual cost of generation.
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German power plant closures and negative prices

KWSAL_2016_05_23 (BNetzA) Conventional power plants suffer from low spot market prices. When capacity leaves the market, the remaining power plants might however see higher margins again.
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China cancels more than 100 GW of coal plants

As set out in the 13th Five-Year-Plan for Energy of China, the government steps in and cancels the permitting as well as the construction process of coal-fired power plants across the country.
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Tutorial 8: Trading electricity and clearing a transaction on an exchange

trading_power_large (Copyright: Mercuria) In the year 2000 the European Energy Exchange AG (EEX) started its business with electricity and other products. The most important part of their business is the futures market. The spot market is taken care for by a subsidiary company EPEX SPOT.
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