Archive for the 'Gas' Category

More Than 90% Renewable Energy in Germany on 8 May 2016 12:45, Negative Prices Down to -178 EUR/MWh

Last Sunday at 12:45 it was sunny and windy, and the end of a long holiday weekend. It looks like this resulted in more than 90% renewable energy, a whopping 13.6 GW of power exports, and EPEX spot intraday continuous power prices down to -178.01 EUR/MWh, with a weighted average of -144.78 EUR/MWh during that time.

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Oslo: IBA Conference on Opportunities and Challenges for the Oil & Gas Business on 22-24 June

The IBA Oil and Gas Law Committee is organising a conference on “Opportunities and Challenges for the Oil & Gas Business: from a North Sea and Atlantic Perspective” in Oslo from 22 to 24 June 2016. I will be on the panel discussing the Paris Agreement and its impact for the oil and gas business.

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The Electricity Market Act Bill – A New Electricity Market Design for the German Energy Turnaround?

With its Electricity Market 2.0 project, the German government wants to take an important step towards enhanced integration of renewable energy sources into the electricity market. Renewables in 2015 already constituted about one third of Germany’s electricity consumption. The challenge is to integrate an increasing amount of intermittent renewable energy with feed-in priority into the system, in a secure, cost-efficient and sustainable way.

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Platts 7th Annual European Power Summit: Germany – New Market Design Examined

Platts is currently holding its 7th Annual European Power Summit in Amsterdam. I had the pleasure of speaking on “Germany: New Market Design Examined“.

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Hot Topics on Gas Supply Arrangements – IBA Annual Conference Vienna

I had the pleasure of chairing a great session on “Hot topics on gas supply arrangements” at the IBA’s Annual Conference in Vienna.

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Seminar 1 October: Capacity Mechanisms, the Energy Turnaround and State Aid Law

On 1 October, Oxera and Bird & Bird will be organising an afternoon seminar in Düsseldorf on “Capacity Mechanisms in the Energy Turnaround – Risks for Market Participants? The seminar will cover important current energy state aid law questions, and will be held mainly in German. It is free, but places are  limited. Please send me an e-mail if you are interested.

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Ministerial Draft for Electricity Market Reform Bill: Electricity Market 2.0, Capacity Reserve, Climate Reserve & More

Various newspapers have started to published initial information on a ministerial draft for the new Electricity Market Act (Strommarktgesetz). The draft contains many elements from the the White Paper presented at the beginning of July and the government agreement of early July. It rejects proposals to introduce a capacity market, and instead relies on the concept of an “electricity market 2.0”, with additional capacity, climate and grid reserve mechanisms to secure generation adequacy.

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SAIDI Index for Gas Security in 2014 Up Against 2013 Figure – Level with Previous Years Without Major Accident

The so-called SAIDI index (System Average Interruption Duration Index), which indicates the average time of interruptions of the gas supply per connected end consumer, went up from just 0,64 min/a in 2013 to 1.257 min/a, the Federal Network Agency (BNetzA) informed. This is comparable with other years in the period 2006 and 2012. Including an accident at a high-pressure pipe that did not effect standard rate customers (Tarifkunden), the SAIDI index for 2013, however, went up to 16,801 min/a.

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Ministerial Draft for Combined Heat and Power Act Amendment (KWKG 2016) Available – BDEW Critical

A ministrial draft for a recast of the Combined Heat and Power Act (KWKG) is now available on the internet. KWKG promotes power generated in CHP plants as well as heating and cooling networks and the respective storage facilities. The draft does not change the goal of a share of power generated in CHP plants of 25% by 2020, but contains many other amendments. They correspond mostly to the key points we informed about on 17 July 2015. The Federal Association of the Energy and Water Industry (BDEW) has voiced criticism and demanded changes.

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Provisional IEA Data on Electricity Production: Coal Generation Reaches Highest Level – Renewable Generation Climbs to Second Place

Interesting new provisional data by the International Energy Agency (IEA) for 2013 show that driven by generation in non-OECD countries, electricity generated by coal reached its highest level yet at 9,613 TWh. This represents 41.1% of global electricity production. In the same year renewable electricity generation overtook natural gas to become the second largest source of electricity worldwide producing 22% of total electricity or 5,130 TWh. Global non-hydro renewable electricity also surpassed oil-fired generation for the first time ever in 2013, rising to 1,256 TWh or 5.4% of global electricity production.

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