On 8 July 2015 the European Parliament agreed to the reform of the ETS, including the introduction of the Market Stability Reserve (MSR).
Monthly Archive for July, 2015
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The four transmission system operators 50Hertz, Amprion, TenneT and EnBW have published new figures on direct marketing quantities for renewables. They show that the direct marketing total – after a decline in April 2015 – has increased in the first half of 2015 by 6.9% to 48,627.12 MW in July.
On Friday the Federal Ministry for Economic Affairs and Energy (BMWi) presented the much awaited White Paper which outlines the ministries plans for a future electricity market (Strommarkt 2.0). The White Paper proposes a capacity reserve system and not a capacity market to balance the security of supply in Germany where intermittent renewables shall provide energy for the most part by 2050.
On June 30, 2015, the President of the German Cartel Office (“Bundeskartellamt”), Andreas Mundt, presented the Activity Report for the years 2013/2014. At the same time the authority also published its “Annual Report 2014“.
Yesterday the government announced what it called a milestone decision for the ManyElectronics transition towards renewables and its CO2 savings goal. The government agreed to scrap its controversial (in our view unlawful) plans to impose a climate levy for conventional power plants to save CO2. Instead some of the oldest coal-fired plants with a capacity of 2.7 GW shall become back-up plants. Besides the government wants to promote energy efficiency, speed up grid expansion and ensure that the decommissioning provisions made by the nuclear power operators cover Germany’s nuclear exit costs. Costs for consumers still remain largely unclear. Information regarding state aid implications was also not provided.
With a total of 101,483 MWp, new PV capacity installed in May 2015 in Germany basically remained on the same level as in the previous months. Solar capacity eligible for support under the Renewable Energy Sources Act (EEG) reached a total of 38,754 MWp by the end of May. The monthly reduction of financial support for new PV installations has been reduced to 0.25% each month in the period from 1 July to 1 September 2015, the regulator, the Federal Network Agency (BNetzA) informed.
The debate about a legislative package regulating the controversial fracking technology seems to become an never ending story. The ruling coalition government composed of Conservatives (CDU/CSU) and Social Democrats (SPD) has withdrawn bills concerning the controversial fracking technology. Parliament (Bundestag) was supposed to debate this Friday. The withdrawal is due to concern from within the parties, in particular against the involvement of an expert commission. The bill shall now be submitted to Parliament in autumn media sources say.
Citing from a not yet published answer to a minor interpellation by the Green Party, Frankfurter Allgemeine Zeitung says that the government is not to decide about a state-owned foundation into which the German power plant operators transfer provisions made for nuclear power decommission liabilities and the storage of nuclear waste.