Monthly Archive for September, 2014

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BMWI Study: Expansion of Distribution Grids May Cost EUR 23 to 49 Billion

In view of the German Energiewende that aims to increase the share of renewables of 23.4% in 2013 to 80% in 2050, the Federal Ministry for Economic Affairs and Energy (BMWi) has presented a study on the need for expansion and retrofitting of the distribution grids to which 90% of all renewable power plants are connected. The study quantifies the need for expansion using three potential scenarios and points out and assesses ways to save money by using smart grid technologies and innovative planning and operating strategies.

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Essent Belgium Case: CJEU Rules in Favour of Flemish Green Energy Certificate Scheme

In a further important decision, the Court of Justice of the European Union (CJEU) declared a system of green certificates established in the Flemish Region of Belgium compatible with EU law. Under this system, electricity suppliers had to surrender to the regulatory authority each year a certain number of green certificates, failing which they had to pay a fine. CJEU did however set requirements for the market of green certificates and with regard to the fines payable in case of not surrendering green certificates.

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Study: Up to EUR 187 Billion EEG Induced Extra Costs by 2030?

The EEG surcharge consumers have to pay in support of renewable energy sources will rise further, a study by Ifo Institute for Economic Research on behalf of the Association of Family Businesses (Die Familienunternehmer) concludes. The study calculates EEG related extra costs arising because the European Emissions Trading System (EU ETS) is supplemented in Germany by the EEG that promotes renewable energy sources. Extra costs are in the range of EUR 114 to 187 billion by 2030, not including costs incurred in the past and without saving one additional gramme of CO₂, the study says.

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BDEW Criticises 2015 Budget Bill for Energy Sector, Particularly Heating

The Federal Association of the Energy and Water Industry (BDEW) has criticised current plans for state spending in the energy sector, in particular for heating, foreseen in the bill on the federal budget for 2015. The bill was introduced into Parliament yesterday.

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BNetzA Publishes Study on Capacity Products in the Gas Market

The Federal Network Agency (BNetzA) has published the results of a study it had commissioned on “Capacity Products in the German Natural Gas Market” which was meant to take stock, evaluate and make proposals for a possible standardisation.

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EUR 442 Million August Profit on Renewable Surcharge Account – 1 Billion EEG 2014 Cost Reduction between July and August?

The TSOs reported a profit of EUR 442,832,426,76 for August 2014, leading to an increased positive balance on the Renewable Surcharge Account (EEG account) of EUR 1,506,159,979,54. This would be the first positive balance for the month of August, and is quite puzzling because of the important share of PV input. The situation gets even more surprising when looking at the total monthly expenses in August that are more than EUR 1 billion below the July figures. However, it appears as if the drastic reduction is due to a delayed payment flow reason, and not due to dramatically reduced EEG costs.

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BNetzA Opens First Allocation Procedure for Offshore Grid Connection Capacity

Pursuant to the recently amended Section 17d para. 3 German Energy Act (EnWG) grid connection capacity for offshore wind farms is allocated by the Federal Network Agency (BNetzA). For the first allocation procedure, which BNetzA has just launched, the agency has exercised its right to allocate more than 6.5 GW, the national target for 2020. In line with Section 118 para. 14 EnWG BNetzA is allocating 7.7 GW. Due to unconditional grid connection commitments already made under the previous law, 1,722.7 MW will be allocated in the North and Baltic Sea.

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High August EPEX Spot Power Trading Volumes

EPEX Spot reported record volumes for its day-ahead and intraday markets in August, coming in at 8% above 2013 year-on-year.

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Strongest Solar Growth of the Year: 344,685 MWp Added in July Before EEG 2014 Entered into Force

Before the amendment of Renewable Energy Sources Act (EEG 2014) entered into force on 1 August 2014, July saw the highest solar capacity additions so far this year, amounting to 344.685 MWp. In total 37,052 MWp of solar capacity were eligible for support under the EEG at the end of July, the Federal Network Agency (BNetzA) informed.

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Construction of Wind Turbines for 400 MW and 288 MW Offshore Wind Farms Global Tech I and DanTysk Completed

Construction of the 80 5 MW AREVA turbines and the 80 3.6 MW Siemens turbines at the North Sea wind farms Global Tech I and DanTysk are reported to have been completed.

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