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Enercon signs exclusive 607-MW turbine option in Chile

Germany’s Enercon GmbH has signed an exclusivity agreement with Chilean power utility Colbun SA, securing an option to supply turbines for the 607-MW Horizonte onshore wind project in the Atacama Desert.

read more... 17/12/2019

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Germany's EEG levy surplus decreased to €1.71 billion in November

The German EEG levy account, which funds Germany’s renewable energy programs, had a cumulative surplus of €1.71 billion ($1.89 billion) at the end of November. This is a small decrease of around €24 million compared to October.

read more... 12/12/2019

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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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