The new Digitisation of the Energy Turnaround Act (Gesetz zur Digitalisierung der Energiewende) has been published in today’s Federal Law Gazette. It will therefore enter into force tomorrow, 2 September 2016.
Archive for the 'Grid' Category
The German Federal Cabinet last week agreed on three energy projects items on its energy turnaround agenda. This included the (very limited) opening of tenders for the support of renewable energies for other EU Member States, the revision of the Incentive Regulation Ordinance amending incentives towards investments into distribution networks, and the decision to implement the KFK-proposal regarding the financing of the nuclear power phase-out, including post spin-off liability.
Cabinet members and state premiers have reportedly agreed on key points of the Renewable Energy Act 2016 reform (EEG 2016). According to Chancellor Angela Merkel, final agreement has not been reached yet, but outlines and orientation points are clearly recognisable. Energy minister Gabriel said that agreement was reached on 90% of the issues.
The European Commission has declared German plans to grant EUR 1.6 billion public financing for decommissioning and subsequently closing eight lignite-fired power plants to be in line with EU state aid rules.
Last Sunday at 12:45 it was sunny and windy, and the end of a long holiday weekend. It looks like this resulted in more than 90% renewable energy, a whopping 13.6 GW of power exports, and EPEX spot intraday continuous power prices down to -178.01 EUR/MWh, with a weighted average of -144.78 EUR/MWh during that time.
After the Federal Ministry for Economic Affairs and Energy launched its consultation on the proposed revision of the Incentive Regulation Ordinance (ARegV), it is now looking at the comments. For the most part, the revision shall bring changes for distributions system operators, encouraging modernisation of the distribution grid to make it better suited to deal with increasing amounts of renewable energy. Continue reading ‘Revision of Incentive Regulation Ordinance’
With its Electricity Market 2.0 project, the German government wants to take an important step towards enhanced integration of renewable energy sources into the electricity market. Renewables in 2015 already constituted about one third of Germany’s electricity consumption. The challenge is to integrate an increasing amount of intermittent renewable energy with feed-in priority into the system, in a secure, cost-efficient and sustainable way.
Platts is currently holding its 7th Annual European Power Summit in Amsterdam. I had the pleasure of speaking on “Germany: New Market Design Examined“.
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′
This year’s annual conference of the Institute for Mining and Energy Law (IBE) at Ruhr Universität Bochum was on the “Digitisation of the Energy Industry”. I had the pleasure of speaking on “From Industry 4.0 to Energy 4.0: Future Business Models and Legal Relations”.