Library from Germany

Siemens sees consolidation, not growth, in 2015

Chief Executive Joe Kaeser said he was now determined to get on top of operational problems that keep cropping up in Siemens' businesses, most recently in wind turbines where problems with blades and bearings caused a 223 million-euro ($279 million) charge in the fourth quarter.
6 Nov 2014

German energy market a disaster, says EDF chief

Germany as a whole was a huge country which was doing very well, especially in the auto sector, said Henri Proglio, EDF’s chairman and chief executive. “But when it comes to energy they are in a disaster,” he told reporters in London. “The two major companies, Eon and RWE are under huge pressure. One is more or less dead, the other is in a very difficult situation.”
10 Oct 2014

Germany's expensive gamble on renewable energy

"Germany's current path of increasingly high-cost energy will make the country less competitive in the world economy, penalize Germany in terms of jobs and industrial investment, and impose a significant cost on the overall economy and household income," warned Daniel Yergin, vice chairman of research firm IHS.
26 Aug 2014

End of the Wirtschaftswunder? Germany's sudden slowdown

In reality, economists and some government officials acknowledge, there are deeper reasons for the recent downturn. ...They start at home, where Chancellor Angela Merkel's abrupt exit from nuclear energy after the Fukushima disaster in Japan and aggressive push into renewables has unnerved German industry. A recent overhaul of the country's complex renewable energy law has done little to alleviate uncertainty over future policy or assuage fears about German energy competitiveness.
18 Aug 2014

Wind farm facilities in Germany kill noctule bats from near and far

Journal.pone.0103106_thumb In this recent study, researchers present a comprehensive study on the breeding provenance of endangered and protected noctule bats killed at German wind turbines, showing that individuals from local and distant populations are among the recorded fatalities. The results provide a first step on the way towards an evaluation on how bat fatalities at wind turbines might impact local and regional populations in migratory bat species. The abstract of the paper is provided below. The full paper can be accessed by clicking the link(s) on this page.
13 Aug 2014

German onshore surges in H1

New German onshore wind installations surged during the first half of 2014 and may reach a record for the full year, as developers race to complete wind farms before a 2.5GW annual cap starts in 2015 and some states impose spacing restrictions.
29 Jul 2014

German utilities bail out electric grid at wind’s mercy

Twenty power companies including Germany’s biggest utilities, EON SE and RWE AG, now get fees for pledging to add or cut electricity within seconds to keep the power system stable, double the number in September, according to data from the nation’s four grid operators. Utilities that sign up to the 800 million-euro ($1.1 billion) balancing market can be paid as much as 400 times wholesale electricity prices, the data show.
25 Jul 2014

Development and integration of renewable energy: Lessons learned from Germany

Germany_lessonslearned_final_071014_thumb This important paper prepared for the benefit of the Edison Electric Institute (EEI) and Finadvice’s European clients examine the risks and failures of Germany's national plan to rely on renewable energy. Portions of the executive summary and conclusions are provided below. The full paper can be accessed by clicking the links on this page.
1 Jul 2014
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