Author Archive for Manfred Ungemach

BNetzA President Homann on Options for Reform of Incentive Regulation

At today’s Handelsblatt Annual Energy Conference, Jochen Homann, President of the German Energy Regulator Bundesnetzagentur (BNetzA), explained details of the report evaluating and outlining options for reform of incentive-based regulation which was presented to the Ministry of Economics at the same day.

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German Environment Minister Barbara Hendricks on Paris 2015, Renewables and Nuclear Decommissioning Costs

The keynote speech of the German Minister of the Environment, Barbara Hendricks, at the Handelsblatt Annual Energy Conference focused on Germany’s perspective and expectation for the Climate Conference 2015 in Paris. She stressed the importance to agree on a follow-up agreement of the Kyoto Protocol. The fact that the USA and China have reached an agreement very much increases the chances for a compromise. However, she noted that it will be very challenges and requires the will to compromise from all parties to reach a global accord.

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German Power Market Design: Handelsblatt Discussion Round Agrees on Need for Fast Political Decision – No Unanimous Support for Capacity Market

At the second day of the Annual Handelsblatt Energy conference, a discussion round of market participants and regulators followed up on the key note speeches of Rainer Baake of BMWi and comments of Johannes Teyssen, CEO of E.ON, on the current debate whether also in Germany a capacity market should be introduced.

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Key Official of Ministry of Economics Open on Capacity Markets in Germany, but Rejects Need to Subsidize Existing Thermal Power Plants

The second key presentation on the first day of the Handelsblatt Annual Energy Conference was from Rainer Baake, Secretary of State in the Federal Ministry of Economics,  an influential aide to Minister of Economics, Siegmar Gabriel. He explained the Ministry’s position regarding the potential introduction of capacity markets in Germany, but refused efforts to use this as an instrument to subsidize unprofitable thermal power plants.

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E.ON CEO Johannes Teyssen Presents Further Details of Split in Handelsblatt Energy Conference Keynote

In today’s opening presentation of the Handelsblatt annual Energy Conference in Berlin, Dr. Johannes Teyssen, CEO of E.ON rejected allegations that the intended split up of E.ON will create a “Bad bank” for its nuclear and thermal power plants. In a very strong and self-confident presentation he highlighted the great potential of the split-up to unleash powers of both parts of E.ON. He showed the belief that this will be best for E.ON and its customers.

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First German Municipal Utility Holding to File for Insolvency

The German municipal utility Stadtwerke Gera AG filed for insolvency on 27 June 2014. According to press reports it is the first Stadtwerk to take this step, albeit it is wholly owned by the Eastern German town of Gera which is its sole shareholder and with approximately 100,000 citizens the 3rd-largest city of the Central German state of Thuringia . On the 3rd of July also two of its subsidiaries went into administration, the public transportation enterprise Gerarer Verkehrsbetriebe GmbH and Flugbetriebsgesellschaft mbH Gera which operates the municipal airport.

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Six European Power Exchanges agree on setting up European Cross-border Solution for Intraday Trading


The six European power exchanges APX, Belpex, EPEX SPOT, Nord Pool Spot and OMIE confirmed the signing of a cooperation agreement for a common European cross border intraday solution. In addition, an early start agreement was signed with Deutsche Börse AG for the delivery of a technical system.

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In-depth Investigation of Germany’s Renewable Energy Act to be opened before Christmas?

According to recent press reports, EU Competition Commissioner Joaquín Alumia has announced that the European Commission will open an in-depth investigation of Germany’s Renewable Energy Act (Erneuerbare-Energien-Gesetz, “EEG”) before Christmas. The EEG promotes renewable energy sources by stipulating fixed feed-in tariffs. In order to ensure that in particular industrial customers with a high level of energy costs and which are subject to international competition are not forced to close done operations in Germany, the EEG allows for certain exemptions of energy-intensive companies. It still seems unclear whether the European Commission only will continue its investigation regarding these exemptions or also regarding further elements of the  feed-in tariff scheme of the EEG.

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No Nationwide Roll-Out of Smart Meters Recommended According to Cost-Benefit Analysis

The German Federal Ministry of Economics (BMWi) has published a study analyzing the costs and benefits of a full roll-out of smart meters in Germany. It concludes that it is not advisable and not in the interest of German consumers to implement the EU targets which would require that at least 80 % of consumers shall be equipped with intelligent meter­ing systems by 2020.

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Consultation on Lead Scenarios for the Electricity Grid Development Plans 2014

On 5 April 2012, the Federal Network Agency has published the draft scenario framework for the National Electricity Grid Development Plan (NEP 2014) and the Offshore Grid Development Plan (O-NEP 2014). It also started the consultation process in accordance with Section 12a (2) German Energy Act which will end on 17 May 2013, including a public workshop on 3 May 2012.

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