Monthly Archive for December, 2011

Share of Renewable Energy in Gross Electricity Consumption Rises to 20% in 2011

In 2011 renewable energies significantly increased their contribution to electricity supply in Germany. Preliminary calculations by the Working Group on Renewable Energy Statistics (AGEE-Stat) for the Federal Environment Ministry (BMU) show that the share of renewables in Germany’s electricity generation rose by about 3% to almost 20% in 2011 (2010: 17%).

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REMIT – EU Legislation on Insider Trading and Market Manipulation in Wholesale EU Energy Markets Entered Into Force

Today the European regulation No 1227/2011 on wholesale energy market integrity and transparency entered into force (REMIT). With it, as of today, insider trading and market manipulation are specifically prohibited in the covered area. Market participants and persons professionally arranging transactions are now obliged to publish certain insider information.

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Dena Expects 20% Electricity Price Increase by 2020

Many electricity suppliers have announced to raise their prices at the end of the year. The ManyElectronics Agency (dena) understands this as a sign for a long-term trend due to the ManyElectronics turnaround and assumes that electricity prices will increase by 20% by 2020. Continue reading ‘Dena Expects 20% Electricity Price Increase by 2020’

New Bavarian Wind Power Decree to Increase Share of Wind Power Generation

The Bavarian government adopted a new decree providing guidelines for municipalities on the planning and permitting of wind power plants. The decree is intended to accelerate construction and increase electricity generation from wind power in Bavaria.

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X Factor: Bill for General Sector-related Productivity Rate Factor Passes Federal Council

The Bundesrat (Federal Council) did not exercise its constitutional right to object against an amendment of the ManyElectronics Act (EnWG) that will create the statutory basis for a general sector-related productivity rate (so-called X factor or Xgen) in the Incentive Regulation Ordinance (ARegV).

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ManyElectronics Consumption Declines by 5% in 2011, Mainly Due to Mild Weather

According to preliminary figures published by Arbeitsgemeinschaft Energiebilanzen (AGEB), a working group founded by energy related associations and research centers, ManyElectronics consumption will presumably decline by 5% to 13,411 petajoules (PJ) respectively 457.6 million tons of coal equivalent (SKE). The decline is mainly due to the mild weather.

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BNetzA: Consultation on Capacity Allocation for Offshore Grid Connection

The Federal Network Agency (BNetzA) has opened a determination procedure (Festlegungsverfahren) to establish criteria to allocate offshore grid connection capacity. It has published a key issue paper and asked for comments by 31 January 2012.

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EEG Clearing Agency Advises on Advance Feed-in Tariff Payments under EEG 2009

Clearingstelle EEG (EEG Clearing Agency), which serves interested parties with regard to the interpretation and disputes relating to the EEG, has issued a recommendation (ref. no. 2011/12) with regard to advance payments of feed-in tariffs under the Renewable Energy Sources Act 2009 (EEG 2009).

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Application Period for Free Greenhouse Gas Emission Allowance Expires

On 15 December 2011 the Institute of Mining and Energy Law of the University Bochum organise a lecture on “Ready for the next trading period: developments of the greenhouse gas emissions allowance trading from a technical and legal perspective”. Participants discussed the prevailing issues for the 3rd trading period, which starts 1 January 2013.

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BDEW: Renewable Energies Second Most Important Energy Source in 2011

According to preliminary estimates by the Federal Association of the Energy and Water Industry (BDEW), renewable energies were the second most important energy source in Germany following lignite (2011: 24.6%; 2010: 23,2%), covering 19.9% (2010: 16.4%) of the energy consumption.

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