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German gas industry targets 5 GW of power-to-gas capacity in five years

Germany’s gas industry aims to build power-to-gas capacity of five gigawatts (GW) over the next five years, and 40 GW by 2050, as it seeks to develop zero-carbon fuels for homes, factories and vehicles, industry group DVGW said on Tuesday.

read more... 27/11/2019

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Daily (07.11.2019): EUAs fell by around 2.8% on Wednesday due to strong auction supply and concerns over a slowing economic growth in the EU

Crude oil prices retreated on Wednesday, weighed by a higher-than-predicted rise in the U.S. crude inventories. Reports showing a sluggish growth in Germany’s services sector and Eurozone business activity close to stagnation put more pressure on the market. As a result, Brent crude traded 1.9% lower at $61.74 a barrel, while WTI futures sank by 1.5% to $56.35 a barrel.

read more... 07/11/2019

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Germany's winter gas supplies are secure, pipeline operators say

Germany will have enough natural gas this winter, despite restrictions on transit routes Opal and TENP 1, as storage levels are close to 100%, pipeline operators’ group FNB said on Monday.

read more... 29/10/2019

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Germany’s largest solar energy park needs no state subsidies

The 180MW solar park will occupy a 164-hectare plot of land 30 kilometers from Berlin and contain 465,000 solar modules and will enough power to be supplied to 50,000 households.

read more... 23/10/2019

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Germany's EnBW takes FID on 180-MW zero-subsidy solar project

German utility EnBW Energie Baden-Wuerttemberg AG said today it would build what it says will be Germany’s largest subsidy-free solar park – an over 180-MW complex in the state of Brandenburg.

read more... 17/10/2019

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