Monthly Archive for December, 2013

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European Council Adopts Connecting Europe Facility Regulation, Covering Trans-European Networks Including Energy Networks

The European Council has adopted a Regulation establishing the Connecting Europe Facility (CEF), the future funding instrument for the trans-European networks (TE) in the fields of transport, energy and telecommunications. It determines the conditions, methods and procedures for the Union’s financial contribution to TEN projects, replacing the former legal basis.

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Commission Clears Acquisition of German and Dutch Gas Supply and Storage Joint Ventures by Gazprom

Applying the EU Merger Regulation, the European Commission has cleared a proposed acquisition of (i) joint control over WINZ and Wintershall Services of the Netherlands and (ii) sole control over Wingas and WIEH of Germany by the Russian energy company Gazprom, saying it had no competition concerns. The acquisitions by Gazprom are part of an asset swap between BASF SE and Gazprom aimed at expanding BASF’s production of oil and gas in Russia and Gazprom’s gas trading and storage business in Europe.

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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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ACER/CEER Monitoring Report of Internal Electricity and Natural Gas Markets Finds Progress and Shortcomings

The  “Annual Report on the Results of Monitoring the Internal Electricity and Natural Gas Markets in 2012” was jointly presented last week by the Agency for the Cooperation of Energy Regulators (ACER) and the Council of European Energy Regulators (CEER). It notes that progress has been made towards the implementation of the Third Energy Legislative Package  and the completion of the internal energy market. Yet consumers are not in a position to reap the full benefits of the internal market, and had to see post-tax electricity prices rise on average by 4.6% for households and 5.2% for industrial consumers in 2012 and post-tax gas prices by even 10% respectively 11% despite low economic growth.  Large disparities in pre-tax electricity and gas prices for both households and industrial consumers persist across the EU, even between countries with similar retail market frameworks.

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Germany on the Road to Reaching 2.5/3.5 GWp Solar Target Corridor – 226 MWp Installed in October

225.957 MWp of new PV capacity were installed in October 2013, the Federal Network Agency (BNetzA) informed. Total German PV capacity eligible for feed-in tariffs amounted to 35,308 MWp at the end of the month, according to the agency, with 2,914.615 MWp added so far this year. If new capacity for the remaining two months stays on this level, Germany will reach the upper level of its solar target corridor of 2,500 to 3,500 MWp per year for the first time.

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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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