GERMANY'S RENEWABLES: 65%
PVM - Renewable energy had a 64.8% share of electricity generation, according to solar research institute Fraunhofer ISE. The achievement was mainly due to strong production from wind facilities.
From last Monday until yesterday renewable energy made up almost two-thirds of Germany's net electricity production – the figure actually supplied to end users and excluding power plant losses and on-site self consumption. Solar contributed 5.1% to trail behind wind (48.8%) and biomass (7.6%) but was ahead of hydro generation (3.5%).
"These figures show that the target of 65% ... renewable energy for 2030 is technically possible," said Bruno Burger, who manages energy charts at solar research institute Fraunhofer ISE, which collated the figures. "The goal must be to keep this share for a whole calendar year."
Bumper wind resources displaced fossil fuel and nuclear generation, with Burger adding: "Hard coal and gas power plants run at night only with minimum power, with nuclear power plants being also deactivated at night during the week."
Lignite coal contributed an average of 24% of Germany's electricity generation last year but supplied just 12% last week, with lignite power plants operated variably with a capacity of between 4.5 GW and 15.5 GW.
This year has seen marked gains for renewable generation in Germany, with February seeing solar power contributing 20% more than it did it February 2018 and onshore (36%) and offshore wind (26%) also recording rises.
In the first ten weeks of the year, the share of renewables in net power generation totaled 43.3%, according to Fraunhofer ISE. For the past year, the institution's energy charts calculated a 40.4% contribution. The data compilers said solar broke the 6% net generation benchmark earlier than ever this year, achieving that milestone in mid-February.
Log in to read the publication.
An authorized user gets access to four FREE publications per month.
You can also buy a full access to all publications of the site since January 2014.
|March, 22, 10:45:00|
|March, 22, 10:40:00|
|March, 22, 10:35:00|
|March, 22, 10:30:00|
|March, 22, 10:25:00|
|March, 22, 10:21:00|
US crude oil inventories for the week ended Mar. 15, excluding the Strategic Petroleum Reserve, decreased 9.6 million bbl from the previous week, data from the US Energy Information Administration showed.
Saudi Arabia will supply its clients with significantly less oil than they requested in April, extending deeper-than-agreed oil production cuts into a second month, a Saudi official familiar with the policy said.
Oil & Gas UK estimates exploration and production companies would have to spend about $265 billion between 2019-35 to realize industry’s expectations outlined in Vision 2035 on the UK Continental Shelf (UKCS).
U.S. FRB - Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. In support of these goals, the Committee decided to maintain the target range for the federal funds rate at 2-1/4 to 2-1/2 percent.