Monthly Archive for October, 2009

Transparency in Energy Markets Web Platform Goes Live

European Energy Exchange AG (EEX) and the four German TSOs Amprion GmbH, EnBW Transportnetze AG, Transpower stromübertragungs gmbh and Vattenfall Europe Transmission GmbH, have implemented www.transparency.eex.com, a new central transparency platform for generation and consumption data.  Continue reading ‘Transparency in Energy Markets Web Platform Goes Live’

Ban Ki-Moon: No Legally Binding Climate Change Treaty in Copenhagen

UN Secretary Ban Ki-Moon apparently does not believe that a new legally binding climate change agreement will be adopted in Copenhagen in December, says Frankfurter Allgemeine Zeitung. Continue reading ‘Ban Ki-Moon: No Legally Binding Climate Change Treaty in Copenhagen’

Investors Are Key to Emission Targets, says Deutsche Bank Study

Almost $3,000bn in additional investment would be needed by 2020 to meet targets for reducing greenhouse gas emissions set out in Europe and pending US legislation, Financial Times quoted from a report by Deutsche Bank Asset Management. Continue reading ‘Investors Are Key to Emission Targets, says Deutsche Bank Study’

Regional Court of Hamburg Denies E.ON Hanse to Raise Gas Prices

The Regional Court (Landgericht) of Hamburg declared a price adjustment clause in gas contracts void that gave E.ON Hanse, a subsidiary of the utility E.ON AG, the right to adjust gas prices “depending on the price developments on the heating market” (ref. no. 301 O 32/05).  Continue reading ‘Regional Court of Hamburg Denies E.ON Hanse to Raise Gas Prices’

Portfolio Management Helps to Reduce Electricity Costs

Holger Clever, managing director of the German subsidiary of the Swiss utility Alpiq Holding AG, calls on industrial customers to actively manage their electricity contracts.  Middle-sized companies could reduce their electricity bills by 5 to 10%, he claims.   Continue reading ‘Portfolio Management Helps to Reduce Electricity Costs’

Coalition Agreement: Environment, Energy and Climate Change Provisions

The winners of the German Federal Election of September 2009, the Christian Democratic Union (CDU), the Christian Social Democrats of Bavaria (CSU) and the Free Democratic Party (FDP) have decided on a coalition agreement for the second Cabinet headed by Chancellor Andrea Merkel (CDU).   Continue reading ‘Coalition Agreement: Environment, Energy and Climate Change Provisions’

Norbert Röttgen Designated New Minister for Environment, Nature Conservation and Nuclear Safety

Dr. Norbert Röttgen (CDU – Christian Democratic Union) will take over as Minister for the Environment, Nature Conservation and Nuclear Safety from Sigmar Gabriel (SPD – Social Democratic Party) in the second Coalition Cabinet headed by Chancellor Andrea Merkel (CDU), which is supported by the Christian Social Union of Bavaria (CSU) and the Free Democratic Party (FDP). Continue reading ‘Norbert Röttgen Designated New Minister for Environment, Nature Conservation and Nuclear Safety’

Siemens Strengthens Solar Thermal Power Business by Acquiring Solel Solar Systems Ltd.

Siemens AG is to acquire the solar thermal power company Solel Solar Systems Ltd., Isreal, for about $ 418 million from Ecofin Ltd., a London-based investment firm, and another unnamed majority shareholder. Continue reading ‘Siemens Strengthens Solar Thermal Power Business by Acquiring Solel Solar Systems Ltd.’

Federal Network Agency Publishes Monitoring Report 2009 for the Electricity and Gas Market

The Federal Network Agency for Electricity, Gas, Telecommunications, Postal Service and Railways, the German regulatory agency for these areas, published its monitoring report 2009 for the electricity and the gas market.  The report shows that market liberalisation has progressed and competition in the energy market has gained momentum. Continue reading ‘Federal Network Agency Publishes Monitoring Report 2009 for the Electricity and Gas Market’

The Copenhagen Climate Agreement: EU Positions and State of Play

In a press release, the European Commission informed about its latest positions and the state of play regarding a possible climate agreement to be concluded at the Copenhagen climate conference on 7-18 December 2009. Continue reading ‘The Copenhagen Climate Agreement: EU Positions and State of Play’