Germany: Energy leaders are hesitant to adopt renewable energy

31/05/2017 09:16 Renewable


Decision makers in Germany’s energy sector back the move to a low-carbon system but hesitate to implement measures themselves, according to a green energy company, which surveyed 1,000 respondents about their attitudes concerning energy policy problems and their desire to invest in clean gas and electricity.

Although 82% declared that companies had an obligation to support the low carbon energy revolution, only 35% were employed in firms that use renewable energy and merely 12% in companies that have by now made investments in energy efficiency measures.


Nevertheless, 80% of respondents are convinced companies which use renewable energy have an image advantage and 55% think they are more attractive to future employees if they do so.

Only 5% of firms in the country are presently entirely supplied with electricity from renewable sources.

Siemens Gamesa should deliver 16 turbines for four onshore wind projects in Germany, providing a total capacity of 50MW.

Daily (27.10.2020): Brent and WTI crude settled at 3-week lows on Monday amid surging coronavirus cases worldwide

27/10/2020 09:27:00

Crude oil futures fell on Monday in response to surging coronavirus cases in the US and Europe, where several countries have already implemented new restrictions, raising concerns about the impact of the pandemic on oil demand. Extra pressure on oil prices comes from increasing Libyan crude oil production and exports after the country recently lifted the force majeure. Hence, Brent crude shed by $1.31, or 3.1%, to settle at $40.46 a barrel. U.S. WTI crude dropped by $1.29, or 3.2%, to close at $38.56 a barrel. Both, WTI and Brent crude marked their lowest settlements since Oct. 2.


Germany awards 769 MW onshore wind in latest tender, highest since 2017

27/10/2020 08:58:00

Germany's latest onshore wind auction was only marginally undersubscribed with 769 MW awarded of 825 MW offered, the highest volume in almost three years, grid regulator BNetzA said Oct. 26.


Lower prices drive Asia's demand for LNG as ship fuel

27/10/2020 08:53:00

Globally, LNG is expected to account for 10 per cent of overall marine fuel mix by 2030, up from less than 0.1 per cent last year, he added