Tag Archive for 'energy turnaround'

Altmaier Presents Paper on Reform of Renewable Energy Sources Act (EEG)

Yesterday the environment minister Peter Altmaier announced plans for a reform of the Renewable Energy Sources Act (EEG). A key reason for the reform is increasing costs of subsidising renewable power. German transmission system operators are expected to announce a sharp rise of the EEG surcharge from 3.6 ct/kWh to reportedly 5.3 ct/kWh on 15 October 2012.

Continue reading ‘Altmaier Presents Paper on Reform of Renewable Energy Sources Act (EEG)’

DIW Wants to Combine the Energy Turnaround and Rescue of Banks

The German Institute for Economic Research (DIW Berlin) warns of a credit crunch for financing of the transposition to renewables. It suggested to combine the rescue of the financial sector with the transformation of the energy system, by forcing the banks to invest in the energy turnaround.

Continue reading ‘DIW Wants to Combine the Energy Turnaround and Rescue of Banks’

New BMWi Brochure Takes Stock of Energy Policy Shift and Lists Pending Issues

Federal Minister of Economics and Technology Philipp Rösler in a recent brochure took stock of the Energiewende and listed pending issues, saying the energy turnaround was well under way. The brochure comes a year after the government decided on the energy policy shift away from nuclear power towards a renewable energy supply on 6 June 2012.

Continue reading ‘New BMWi Brochure Takes Stock of Energy Policy Shift and Lists Pending Issues’

BMWI and BMU Discuss Next Steps to Implement Energy Policy Shift

In a first meeting of the new steering committee “Energy Policy Shift”, the progress made in the implementation and the next steps were discussed, the Federal Ministry of Economics and Technology (BMWi) and the Federal Ministry for the Environment, Nature Conservation and Nuclear Safety (BMU) said in a joint press release.

Continue reading ‘BMWI and BMU Discuss Next Steps to Implement Energy Policy Shift’

VDE Study: Energy Shift Towards Renewables Needs Back-up by Flexible Conventional Power Plants

Last year’s energy policy shift away from nuclear power towards a renewable energy supply needs to be backed up by a fleet of flexible conventional power plants, a study by Association for Electrical, Electronic and Information Technologies (VDE) concludes.

Continue reading ‘VDE Study: Energy Shift Towards Renewables Needs Back-up by Flexible Conventional Power Plants’

Bundestag Debates Implementation of Energiewende – Solar Feed-in Tariff Cut Timetable

Almost a year after the Fukushima nuclear accident and the subsequent German energy policy shift, the Bundestag (German Parliament) debated a wide-ranging motion by Alliance ’90/The Greens (ref. no. 17/8898) entitled “A Year after Fukushima – the Energy Revolution Has to Continue”. In the ensuing debate the government coalition and the opposition discussed the progress made on the energy policy shift. The recent proposal for solar feed-in tariff cuts was among the many issues discussed.

Continue reading ‘Bundestag Debates Implementation of Energiewende – Solar Feed-in Tariff Cut Timetable’

German Energy Shift at DAJV Section Conference

The German American Lawyers’ Association (DAJV) will hold its Section Conference on 10 March 2012 in Frankfurt. The Antitrust Regulated Industries Media (ARIM) Section will dedicate its sessions to Germany’s decision after the 2011 Fukushima nuclear disaster to pull out of nuclear energy earlier than previous envisaged and reach an 80% renewable energy supply by 2050. The other topic will be European energy regulation.

Continue reading ‘German Energy Shift at DAJV Section Conference’

New BMWi Energiewende Newsletter

A newsletter on the German “Energiewende” (energy turnaround) provided by the Federal Ministry of Economics and Technology will inform about the progress made in restructuring the German energy infrastructure following Germany’s decision after the Fukushima nuclear disaster to pull out of nuclear energy earlier than previous envisaged and reach an 80% renewable energy supply by 2050.

Continue reading ‘New BMWi Energiewende Newsletter’

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.

Continue reading ‘E.ON and RWE Blame Energy Turnaround for Weaker Q2 Performance’

Greens Support Coalition’s 2022 Nuclear Phase-Out

On Saturday, a majority at the party convention of Bündnis ’90/The Greens voted in favour of a recommendation for the parliamentary group of the party to vote Yes in on the government’s proposed German nuclear phase-out in 2022 on 30 June 2011.

Continue reading ‘Greens Support Coalition’s 2022 Nuclear Phase-Out’