CEE News

Chinese European Energy News

Category: Renewable Energy (page 1 of 6)

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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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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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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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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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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China announces 340 billion Euro investments into renewables until 2020

Q1 2016 Wind Power Curtailment Levels by Province (Azure International) The National Energy Administration’s announcement of increased investment into renewables comes at a time where the US politically backs away from clean energy sources. China clearly aims to further establish itself as global renewable energy technology leader.
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