Archive for the 'Results' Category

New Record: EUR 1.4 Billion Costs for Network and System Security Measures in 2017

On 18 June 2018 the Federal Network Agency (BNetzA) published the report on network and system security-measures for 2017.  Cost increased to EUR 1.4 billion, far above the EUR 880 million for 2016 and EUR 1.1 billion for 2015.  Redispatch and feed-in management measures are taken by the grid operators to maintain network and system security.  Due to substantially increased renewable energy generation that could not be handled by the existing grid without costly measures by the grid operators, network and system security measures have increased significantly in 2017.

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BNetzA: Again High Security of German Gas Supply

“The reliability of German gas supply remains at a consistently high level”, Jochen Homann, president of Federal Network Agency (BNetzA) said. 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, fell from 1,03 min/a in 2016 to 0,988 min/a in 2017, the second lowest level since the start of systematic record taking by BNetzA in 2006.
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Second Solar Auction in 2018 Heavily Oversubscribed

On 13 June the Federal Network Agency (BNetzA) published the results of the second solar auction in 2018. 59 bids with a total volume of 360 MW were submitted to BNetzA in this tender round. The tender volume of 183 megawatts was again clearly oversubscribed. Continue reading ‘Second Solar Auction in 2018 Heavily Oversubscribed’

Euromoney’s Expert Guide for Energy 2016

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′

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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New Mobile Theme!

How do you like our new mobile theme? More and more readers are following the blog on their mobile devices  – and we hope this will now be a better experience.

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KfW: Fewer Financing of PV Projects, Increasing Commitments for Offshore and Considerable Demand for Energy Efficiency Loans

The latest information published by the state-owned KfW development bank for the first half of 2013 shows a considerable decline in the financing of PV projects. Commitments for offshore wind farm projects picked up after the standstill of last year, and demand for loans for energy efficiency measures increased markedly.

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E.ON and RWE Blame Energy Turnaround for Weaker Q2 Performance

In view of a first-time loss that E.ON AG had to announce for Q2 2011, the company said it would possibly cut 9,000 to 11,000 jobs to curb costs, citing the energy turnaround as the main reason for the poor results. RWE also said the accelerated nuclear phase-out led to its weaker Q2 performance. Both companies revised their forecasts downward.

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First German Energy Blog Newsletter Released

We are happy to announce that the first German Energy Blog Newsletter has been sent out. You can subscribe hereContinue reading ‘First German Energy Blog Newsletter Released’

Bosch-Siemens’ Energy Efficient Home Appliances in High Demand Despite Financial Crisis

Bosch-Siemens (BSH) reaps the benefit of having recognised the energy-efficiency trend for home appliances early on. The sales of BSH super-efficient home appliances in 2009 tripled in Europe compared to the previous year despite the economic crises. They meanwhile account for approximately one fifth of total sales. Continue reading ‘Bosch-Siemens’ Energy Efficient Home Appliances in High Demand Despite Financial Crisis’