Monthly Archive for November, 2011

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E.ON Lodges Constitutional Complaint Against Shutdown of Nuclear Power Plants

According to various media sources, E.ON AG lodged a constitutional complaint with the Federal Constitutional Court (BVerfG) alleging an infringement of its fundamental rights due to the uncompensated shut down of some of its nuclear power plants under a 3 Month Moratorium for German Nuclear Power Extension and the following restriction of the operating times as part of the accelerated  nuclear power phaseout.

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EEG Surcharge Forecast 2013: Increase to Between 3.66 and 4.74 ct/kWh

According to calculations of the German transmission system operators, the EEG surcharge is likely to increase from 3.592 ct/kWh in 2012 to between 3.66 and 4.74 ct/kWh in 2013.

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Tennet Warns Chancellery and Federal Ministries of Difficulties for Offshore Grid Connection

In a letter to the Chancellery, the Federal Ministry of Economics and Technology (BMWi) and the Federal Ministry for the Environment (BMU), TenneT TSO GmbH informed that offshore grid connections in the North Sea are no longer desirable and possible at the current rate and in the current form.  

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BMWi Presents Ministerial Draft Bill for 8th GWB Amendment

Based on the key point paper presented in August, the Federal Ministry of Economics and Technology (BMWi) has submitted a ministerial draft bill (Referentenentwurf) for an 8th Amendment of the German Act Against Restraints on Competition (Gesetz gegen Wettbewerbsbeschränkungen – GWB) to the federal states (Länder) and industry associations.

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New Search for Permanent German Nuclear Waste Disposal

The German government and the federal states (Länder) agreed to restart the search for a permanent German nuclear waste disposal site, numerous media sources reported.

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Bill for General Sector-related Productivity Rate in ARegV Submitted to Parliament

The government has drawn the consequences from a recent ruling by the Federal Court of Justice (BGH) concerning the Incentive Regulation Ordinance (ARegV). The parliamentary groups of the ruling CDU/CSU and FDP coalition presented a bill that creates the statutory basis for a general sector-related productivity rate (genereller sektoraler Produktivitätsfaktor). This factor is part of the regulation formula in ARegV that determines the revenue caps for the grid fees German network operators can charge.

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German Council of Economic Experts Critical of Energy Policy and Current Promotion of Renewables

Yesterday the German Council of Economic Experts (GCEE) submitted its Annual Economic Report 2011/2012 to Chancellor Angela Merkel. The report also deals extensively with German energy policy. GCEE criticises the German reversal of its energy policy following the nuclear catastrophe in Fukushima and the costly promotion policy for renewable energy. It calls for a radical rethinking and a European approach for the expansion of the share of renewable energy instead of a a go-it-alone national approach.

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A.T. Kearney Gas Study Predicts Rise of Gas Prices Until 2014 and Price Slump and Over-Capacities as of 2015

A new study on the international and European gas markets by the consulting firm A.T. Kearney sees 2015 as the turning point on the global and European gas markets. While A.T. Kearney expects gas prices to rise by 30 to 40% until 2014, the firm believes that as of 2015 over-capacities will exist, resulting in a price slump. Consequently, the importance of gas trading will increase considerably, the company says.

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Overview of Tariffs, Degression and Sample Calculations for EEG 2012

The Federal Ministry for the Environment, Nature Protection and Nuclear Safety (BMU) recently published information on tariffs, degression rates and sample calculations for the upcoming EEG 2012 in English.

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Chancellor Merkel and Heads of State Officially Open First Nord Stream Pipeline

Today German Chancellor Angela Merkel – together with President Dmitry Medvedev and the Prime Ministers of France François Fillon and the Netherlands Mark Rutte and EU Energy Commissioner Günther Oettinger – will formally inaugurate the first of Nord Stream’s twin 1,224 kilometre gas pipelines through the Baltic Sea.

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