The German Federal Cabinet last week agreed on three energy projects items on its energy turnaround agenda. This included the (very limited) opening of tenders for the support of renewable energies for other EU Member States, the revision of the Incentive Regulation Ordinance amending incentives towards investments into distribution networks, and the decision to implement the KFK-proposal regarding the financing of the nuclear power phase-out, including post spin-off liability.
Archive for the 'Conventional' Category
The European Commission has declared German plans to grant EUR 1.6 billion public financing for decommissioning and subsequently closing eight lignite-fired power plants to be in line with EU state aid rules.
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.
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.
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.
Just in case your interest in digital business is broader than the digitisation of the energy turnaround, you may want to have a look at Digitalbusiness.law.
On 13 April, the Committee on Economic Affairs and Energy of the German Bundestag held a public hearing on the Act on the Digitisation of the Energy Turnaround. A key component of this bill is the Metering Point Operating Act (Messstellenbetriebsgesetz – MsbG). Despite agreement in many areas, the experts also remained critical on various aspects of the bill.
I am happy to report that Euromoney included me in their new 2016 list of top legal practitioners advising on energy law. Continue reading ‘Euromoney’s Expert Guide for Energy 2016′
Thank you for all the kind emails and patience during the recent “energy savings phase” on the blog! I’ll try to get some repowering done, with more regular posts again. Anyone with great ideas, funds or time willing to contribute to a Blogwende at the German Energy Bog?