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2017-07-03 13:35:00

GERMANY'S RENEWABLE UP

GERMANY'S RENEWABLE UP

PRIMARY ENERGY CONSUMPTION GERMANY 2016

REUTERS - Germany raised the proportion of its power produced by renewable energy to 35 percent in the first half of 2017 from 33 percent the previous year, according to the BEE renewable energy association.

Germany is aiming to phase out its nuclear power plants by 2022. Its renewable energy has been rising steadily over the last two decades thanks in part to the Renewable Energy Act (EEG) which was reformed this year to cut renewable energy costs for consumers.

Germany has been getting up to 85 percent of its electricity from renewable sources on certain sunny, windy days this year.

The BEE reported on Sunday the overall share of wind, hydro and solar power in the country's electricity mix climbed to a record 35 percent in the first half.

The government has pledged to move to a decarbonized economy by the middle of the century and has set a target of 80 percent renewables for gross power consumption by 2050.

It aims to cut greenhouse gas emissions by 40 percent in 2020 from 1990 levels and 95 percent by 2050.

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Earlier:

GERMANY: 

GAZPROM - GERMANY: UP 37% 

THE NEW NORD STREAM 

RUSSIAN GAS FOR GERMANY: UP TO 23% 

GERMAN GAS UP 35% 

POLAND ATTACKS GERMANY 

RUSSIA & GERMANY UNCONCERNED 

NORD STREAM II: MORE GAS

 

RENEWABLE: 

RENEWABLE ENERGY EFFICIENCY: 90% 

WBG: RENEWABLE INVESTMENT 

RENEWABLE'S RECORD 

EUROPEAN RENEWABLE ENERGY 

RENEWABLE ENERGY: GROWING RISKS

 

 

 

 

Tags: GERMANY, RENEWABLE, ENERGY

Chronicle:

GERMANY'S RENEWABLE UP
2017, December, 15, 12:50:00

LUKOIL'S PLAN: $50

LUKOIL - The plan is based on the conservative $50 per barrel oil price scenario. Sustainable hydrocarbon production growth is planned in the Upstream business segment along with the growth in the share of high-margin projects in the overall production. In the Downstream business segment, the focus is on the improvement of operating efficiency and selective investment projects targeted at the enhancement of product slate.

GERMANY'S RENEWABLE UP
2017, December, 15, 12:45:00

BP INVESTS TO SOLAR

BP - BP will acquire on completion a 43% equity share in Lightsource for a total consideration of $200 million, paid over three years. The great majority of this investment will fund Lightsource’s worldwide growth pipeline. The company will be renamed Lightsource BP and BP will have two seats on the board of directors.

GERMANY'S RENEWABLE UP
2017, December, 13, 12:40:00

OIL PRICE: ABOVE $64 YET

REUTERS - Brent crude was up 69 cents, or 1.1 percent, at $64.03 a barrel by 0743 GMT. It had settled down $1.35, or 2.1 percent, on Tuesday on a wave of profit-taking after news of a key North Sea pipeline shutdown helped send the global benchmark above $65 for the first time since mid-2015. U.S. West Texas Intermediate crude was up 45 cents, or 0.8 percent, at $57.59 a barrel.

GERMANY'S RENEWABLE UP
2017, December, 13, 12:35:00

RUSSIAN-TURKISH NUCLEAR

ROSATOM - On December 10, 2017, the construction start ceremony took place at the Akkuyu NPP site under a limited construction licence issued by the Turkish Atomic Energy Agency (TAEK). Director General of the ROSATOM Alexey Likhachev, and First Deputy Minister of Energy and Mineral Resources of the Turkish Republic, Fatih Donmez, took part in the ceremony.

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