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Category: Power Market (page 1 of 6)

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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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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