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2019-02-01 10:50:00

GERMANY'S SOLAR POWER UP

GERMANY'S SOLAR POWER UP

PLATTS - Germany added almost 3 GW of solar capacity last year, the highest annual figure since 2013 and 68% more than 2017, German solar association BSW said Thursday.

Total installed solar PV capacity was 45.929 GW by end-2018, with 377 MW added in December alone.

Solar growth remained below the boom years of 2010-2012 when Germany added 22 GW before sharp cuts to subsidies.

New additions come at a fraction of the cost, however, with sliding premiums falling below Eur50/MWh ($57/MWh) in the most recent competitive auctions for ground-based PV projects.

Some 1.9 GW of ground-based projects are to be tendered this year, assuming solar outbids onshore wind in the mixed technology auctions for 0.4 GW as last year.

The 4 GW extra solar to be tendered over the next three years are exempt from the 52 GW ceiling set by the government above which no subsidies will be paid.

Based on current trajectories, the ceiling could be hit in 2021.

The solar lobby has said the government should remove the ceiling and triple current annual growth targets to achieve the 2030 renewables targets in the light of the planned nuclear and coal phase-outs.

Solar panels generated a record 46 TWh in 2018, covering 8% of German electricity demand.

Operators also achieved higher capture prices due to rising outright power prices with the market value for solar averaging around Eur44/MWh, up by almost a third on 2017, TSO data showed.

 

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Earlier: 

 NORD STREAM WELL ABOVE
2019, January, 25, 08:50:00

NORD STREAM WELL ABOVE

PLATTS - Natural gas flows via the Nord Stream pipeline from Russia to Germany totaled 58.8 Bcm in 2018 -- 3.8 Bcm higher than its nameplate capacity of 55 Bcm/year -- according to the operator of the pipeline.

 

 GERMANY NEED COAL
2019, January, 23, 10:55:00

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PLATTS - The government-appointed coal commission is finalizing recommendations this week for the phase-out of coal-fired power stations, which provide 35% of Germany's generation mix.

 

 GERMANY PROTECTS EUROPE
2019, January, 16, 11:35:00

GERMANY PROTECTS EUROPE

REUTERS - Germany will try to protect German and European companies from some potentially “massive collateral damage” if Washington levies further sanctions against Russia, Foreign Minister Heiko Maas said.

 

 U.S. SANCTIONS FOR GERMANY
2019, January, 14, 12:15:00

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REUTERS - The United States has warned German companies involved in the Russian-led Nord Stream 2 gas pipeline that they could face sanctions if they stick with the project.

 

 

 GERMANY'S RENEWABLE: 38%
2018, December, 14, 08:55:00

GERMANY'S RENEWABLE: 38%

PLATTS - Renewables' share in Germany's power mix is set to reach 38% this year, ahead of the government's 2020 target of 35% but below-trajectory for 2030's 65% target, utility lobby group BDEW said Thursday.

 

 NORD STREAM 2: GERMANY IS COMMITTED
2018, November, 30, 12:05:00

NORD STREAM 2: GERMANY IS COMMITTED

REUTERS - Germany is still committed to the NordStream 2 pipeline, which will allow Russia to bypass Ukraine in transporting gas to Europe, despite escalating tension in the region, a government spokesman in Berlin said on Wednesday.

 

 RUSSIAN LNG FOR GERMANY
2018, October, 19, 11:15:00

RUSSIAN LNG FOR GERMANY

PLATTS - Novatek will hold 49% and Fluxys 51% in the joint venture, which plans to build and operate a 300,000-mt-a-year terminal for receiving and unloading mid-scale LNG carriers, keeping LNG in storage, and providing downstream LNG distribution services.

 

Tags: GERMANY, SOLAR, RENEWABLE, POWER, ENERGY
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Chronicle:

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