Renewables power in German public supply tops 40% in 2018

09/01/2019 09:16 Renewable

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Renewables were responsible for 40.4% of Germany’s net electricity production on the public grid last year and ranked as the second largest power generation source, a new report shows.

According to analysis compiled by the Fraunhofer Institute for Solar Energy Systems ISE, Germany’s renewable power plants had a combined output of about 219 TWh in 2018, or 4.3% more than in the previous year. Generation from coal and gas, meanwhile, dropped, as did hydropower due to the extremely dry summer season.

 

From April through August 2018, solar power generation per month exceed that of hard coal power plants.

Source: renewablesnow.com

Daily (30.03.2019): NBP spot tumbled by 21% on a weekly basis, as weak demand outweighed stimulus hopes

30/03/2020 11:39:00

Crude oil prices extended losses on Friday, posting the fifth consecutive weekly decline, as governments’ financial stimulus to eliminate the coronavirus pandemic could not stop the decline in global demand. Brent crude dropped by 5.4% to $24.93 a barrel. WTI futures traded 4.8% down at $21.51 a barrel.

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Hungary allocates 131.4 MW of PV in renewables auction

30/03/2020 10:46:00

The Hungarian Energy and Public Utility Regulatory Authority (HEPURA) has published a list of 72 clean energy projects that it selected in the country’s first technology-neutral renewable energy auction in late October.

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EU power prices could drop 40% on recession – Thema

30/03/2020 10:41:00

Continental European power prices could fall by up to 40% to EUR 20-25/MWh on average next year should efforts to curb the coronavirus cause a global recession, said Oslo-based consultancy Thema.

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