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Germany: can 100% renewable power reduce energy costs within the decade?

October 28, 2021 by Thure Traber, Hans-Josef Fell and Sophie Marquitan

A bold report is presented by Thure Traber, Hans-Josef Fell and Sophie Marquitan at Energy Watch Group. It says that a 100% renewable power system for Germany can undercut fossil power within this decade. The authors look at the full cost of fossil power, including subsidies. Importantly, they explain how unit costs will rise further, as demand declines, due to the decreasing utilisation of its expensive infrastructure. Meanwhile, total system … [Read more...]

Filed Under: Energy, Renewables Tagged With: coal, costs, EVs, gas, Germany, infrastructure, lignite, Nuclear, solar, storage, subsidies, wind

Germany 2021: coal generation is rising, but the switch to gas should continue

September 23, 2021 by Simon Göss

As news across Europe shows, a combination of factors is seeing coal powered electricity generation on the increase. Simon Göss at cr.hub, writing for Energy Brainpool, takes a close look at what’s going on in Germany. The post-pandemic demand bounce-back, low generation from wind due to calm weather, and record high gas prices have made coal more competitive. That’s even with rising prices for CO2 and record high prices for coal (caused by … [Read more...]

Filed Under: Energy, Oil, Gas & Coal Tagged With: coal, electricity, gas, Germany, lignite, power, prices, wind

Fit for 55: Does squeeze on gas make coal exit harder? Event summary + video

May 26, 2021 by Matthew James

On May 18, 2021, Energy Post hosted an expert panel with the European Commission, E3G, CERRE and PKEE (the Polish Electricity Association, who also sponsored the discussion). It looked at some of the key EU support mechanisms offered to countries/companies transitioning away from coal, including the EU ETS' Modernisation Fund, the Just Transition Fund  and also how State Aid Guidelines (EEAG) contribute. We asked Stefaan Vergote (Senior Advisor … [Read more...]

Filed Under: Energy, Events, Expert Panel Tagged With: biomass, CarbonPrice, CEE, coal, Czechia, EEAG, EU, EUETS, gas, Germany, grids, Hungary, jobs, lignite, MMF, ModernisationFund, NRRP, Nuclear, Poland, Slovakia, spain, UK

Does new German target mean Coal gone by 2029, Renewables 65% by 2030?

May 25, 2021 by Michael Claußner, Carlos Perez Linkenheil and Simon Göss

The stiffer emissions targets introduced this month to Germany’s Climate Protection Law - CO2 emissions from the energy industry must fall to 108 Mt by 2030 instead of 175 – point to an even earlier coal phase-out date of 2029, with renewables generating 65% of electricity by 2030. The existing plan had meant coal must be gone by 2038. Michael ClauĂźner, Carlos Perez-Linkenheil and Simon Göss at Energy Brainpool explain why, using their modelling … [Read more...]

Filed Under: Energy, Oil, Gas & Coal, Renewables Tagged With: agriculture, buildings, coal, DSM, electricity, emissions, gas, Germany, industry, lignite, renewables, SectorCoupling, solar, storage, transport, wind

Coal exit: EU policy revisions must face both tech and socioeconomic obstacles

April 20, 2021 by Pieter de Pous

By 2030, the EU must cut its emissions by at least 55% compared to 1990 levels. Agreeing on the target was hard enough. Much harder will be agreeing on the design of the rules, regulations and financial support needed to achieve it. Pieter de Pous at E3G scopes out the major decline already experienced by coal - the worst emitting energy source - before looking at the challenges faced by heavy coal users in Central and Eastern Europe (CEE). The … [Read more...]

Filed Under: Energy, Oil, Gas & Coal Tagged With: CarbonPrice, CEE, coal, Czechia, EEAG, EU, EUETS, Germany, grids, Hungary, lignite, ModernisationFund, Poland, Slovakia, spain, UK

“The Role of the EU ETS in Decarbonisation to 2030” [written summary of the panel discussion]

March 26, 2021 by Sara Stefanini

Here you can read a summary of the online discussion from March 19th 2021 on the current debate over the review of the EU ETS. The full video is available here. Of primary concern for fossil-dependent lower income nations is the carbon price rising so high that it reduces available budget for investment in clean energy. If that happens there’s clearly a problem. The counter argument is that there are other funding mechanisms available, and more … [Read more...]

Filed Under: Energy, Oil, Gas & Coal Tagged With: CarbonPrice, coal, EUETS, lignite, ModernisationFund, PGE, Poland, renewables, solar, wind

“The Role of the EU ETS in Decarbonisation to 2030” [Energy Post event video]

March 26, 2021 by Arasan Aruliah

Here you can watch our video of the online discussion from March 19th 2021 on the current debate over the review of the EU ETS. Of primary concern for fossil-dependent lower income nations is the carbon price rising so high that it reduces available budget for investment in clean energy. If that happens there’s clearly a problem. The counter argument is that there are other funding mechanisms available, and more than one pathway for successful … [Read more...]

Filed Under: Energy, Oil, Gas & Coal, Videos Tagged With: CarbonPrice, coal, EUETS, lignite, ModernisationFund, PGE, Poland, renewables, solar, wind

An EU ETS that lifts carbon prices too high can make clean energy transitions harder

March 17, 2021 by Wanda Buk

This coming Friday 19th March, 11.00 to 12.30 CET, we have an online panel discussion plus audience Q&A on "The Role of the EU ETS in Decarbonisation to 2030". All are invited. We will dig into how the EU ETS is being shaped to ensure it meets its primary objective, the decarbonisation of Europe. To help set it up, Wanda Buk, Vice-President for Regulatory Affairs at PGE Group answers questions that are being asked of Poland’s position and its … [Read more...]

Filed Under: Energy, Oil, Gas & Coal, Policies Tagged With: buildings, CarbonPrice, coal, decarbonisation, EUETS, investment, lignite, ModernisationFund, Poland, transport

Coal Phase-Out in Central Europe: cooperation is better than law suits

February 26, 2021 by Frank Umbach

On Monday (February 22nd 2021) the Czech government announced their intention to file a lawsuit in the EU Court of Justice against Poland’s plan to “expand the mining” at Turow, saying it can endanger the drinking water for up to 30,000 people living in the Liberec Region. Frank Umbach at EUCERS argues such a lawsuit sets a dangerous precedent that could stand in the way of regional cooperation and achieving the EU’s climate goals. Instead, the … [Read more...]

Filed Under: Energy, Oil, Gas & Coal Tagged With: coal, Czechia, EU, Germany, GreenDeal, jobs, JustTransition, lignite, Nuclear, Poland, renewables, Turow

Poland’s PGE: profits from Renewables can replace declining Coal’s

February 24, 2020 by IEEFA

Poland’s PGE is one of Europe’s most fossil fuel intensive energy firms. Coal makes up around 90% of its electricity generation. It’s been investing around PLN 28bn ($7.2bn, €7bn) to build three new coal power plant units, acquire the Polish coal assets of France’s EDF, and upgrade its existing fleet to meet air quality standards. But a new and detailed report from IEEFA warns that the profitability of these investments will decline in the 2020s … [Read more...]

Filed Under: Energy, Oil, Gas & Coal Tagged With: carbontax, coal, electricity, investment, lignite, PGE, Poland, renewables

IEEFA Germany: RWE’s coal phaseout compensation demands defy market prices

February 27, 2019 by Gerard Wynn

How much should the coal producers be compensated for Germany’s phaseout? RWE wants €1.2bn per GW at least, basing its maths on an EU-approved scheme from 2015. But Gerard Wynn, writing for IEEFA, says too much has changed since then, not least the Paris Agreement and the actual market price for coal assets. By his calculations, the true price should be under €100m per GW down to near zero. Vattenfall and Engie have already taken such a hit. … [Read more...]

Filed Under: Energy, Oil, Gas & Coal Tagged With: coal, EC, Engie, EPH, Germany, IEEFA, lignite, Mibrag, Paris2050, phaseout, RWE, Vattenfall

Greece: lignite asset sale failure could shift focus to electricity market reform and renewables

February 19, 2019 by Nikos Mantzaris

This month Greece’s Public Power Corporation (PPC) admitted its effort to sell a third of its lignite assets had failed. Dr. Nikos Mantzaris, of the think tank The Green Tank, gives his explanation for why the numbers never added up for the buyers. He now fears the PPC will simply sweeten the deal. Instead, Greece should abandon failing lignite assets, reform the electricity market and refocus on renewables. … [Read more...]

Filed Under: Energy, Oil, Gas & Coal, Platform Tagged With: coal, electricity, EU Policy, European Commission, Greece, hydro, investors, lignite, lignite sale, PPC

RWE’s lignite: between a rock and a hard place

October 26, 2018 by Gerard Wynn

rwe lignite mining Hambach forest protest Germany

The power giant RWE has faced fierce opposition to its plans for expanded lignite mining in Hambach forest, Germany. But as energy expert Gerard Wynn writes, a new report from the Institute for Energy Economics and Financial Analysis suggests there could be four more significant reasons for RWE to renounce its commitment to coal. Courtesy of Energy and Carbon. … [Read more...]

Filed Under: Energy, Oil, Gas & Coal Tagged With: coal, Germany, lignite, RWE

RWE sets up its lignite plants for a taxpayer bail-out

July 15, 2015 by Julian Schwartzkopff, Chris Littlecott and Sabrina Schulz

German utility RWE has kept uneconomic lignite plants open with the explicit intention of securing a public bail-out, argue Julian Schwartzkopff, Chris Littlecott and Sabrina Schulz at E3G. It would apear the energy giant has taken a bet on being “too big to fail” that might just pay off: RWE is set to be the biggest beneficiary of a new 2.7GW capacity reserve in Germany which will pay lignite plants for going on standby. The alternative, a … [Read more...]

Filed Under: *, Climate policy, Energy, Oil, Gas & Coal Tagged With: capacity markets, climate change, coal power, electricity market, Energiewende, energy security, energy2030, internal market, lignite

EXCLUSIVE – new Vattenfall CEO Magnus Hall: “What is true for Eon, is pretty much true for us”

December 10, 2014 by Sonja van renssen and Hughes Belin

Vattenfall’s CEO Magnus Hall likens the selling of its lignite operations in Germany to Eon’s recent split in two. “The problem we needed to solve was the CO2 issue,” says Hall in an exclusive interview with Energy Post. The new chief of the Swedish state-owned company has abandoned the idea of splitting up the company geographically. Its future lies in sustainability, says Hall, e.g. in offshore wind. He notes the European market is distorted by … [Read more...]

Filed Under: *, Catch 2030, Climate policy, Energy, Energy Outlooks, EU Policy, Markets, Oil, Gas & Coal Tagged With: capacity markets, climate change, coal power, diversification, electricity market, energy transition, energy union, energy2030, EU ETS, lignite, nuclear energy, renewables

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      Recent Posts

      What is the future of Woody Biomass in the EU energy mix?

      Silicon Valley Bank failed. Don’t blame the Climate Tech it backed

      Hydrogen’s innovation pipeline: signals strong ahead of World Hydrogen Summit in Rotterdam, May 9-11, 2023

      Buildings “Energy Performance Certificates”: piloting new tools to ramp up renovations

      U.S. IRA: what can Europe do to stop its firms relocating to America?

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