China’s renewable energy revolution continues on its long march

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In one year China added almost as much generation from renewable power as Germany’s total renewable energy generation, according to the end of January statistics for 2016 by the National Energy Administration of China and the China Electricity Council. Yet the country’s electricity supply still relies strongly on coal, notes Simon Göß of Berlin-based consultancy Energy Brainpool. … [Read more...]

What a CO2 price floor can (and cannot) do for German climate goals

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Germany can meet its climate goals for the energy sector if it introduces a CO2-price floor of between €50 and €75 per ton, write Fabian Huneke, Carlos Perez Linkenheil and Simon Göß from the Berlin-based independent energy market specialist Energy Brainpool. However, if neighbouring countries don’t take similar measures, more than half of the reduced CO2- emissions will be shifted abroad, note the authors. As long as power markets are … [Read more...]