Articles filed under General from Germany
Trade body warns the powerhouse of the European wind energy market is in 'deep trouble'. Germany could put the EU's renewables targets at risk thanks to a "collapse" in onshore wind farm development.
Troubled German turbine manufacturer Senvion has filed for self-managed administration proceedings as its search to secure finance continues. In February, Senvion launched an action plan to reorganise the company after a series of "operational mistakes" led to a financing squeeze and a downgrade of its outlook for 2019.
This small increase was reflected in its power generation figures, as renewables produced 6.2TWh between 1 January and 30 September in 2017, and 6.3TWh this year. However, Innogy explained that "particularly low wind levels, especially in the second and third quarters of 2018 in the UK and Germany, led to reduced utilisation of existing plants".
Wind turbine manufacturer, Juwi, won permission to erect twelve wind turbines in Reesdorfer Heide near Beelitz. Wind power opponents and the city have tried to prevent the project for years.
The manufacturer’s orders for both services and projects increased in the first half of 2018. ...Despite the increase in orders, Blanco added the company expects 2018 and 2019 "to remain challenging" due to "fierce competition" and "pressure on prices".
The groups said the projected drop in 2018 - which would be down from a record 5,333 MW in 2017 - was due to a lack of assurance from policymakers that sufficient new capacity would be tendered at auction in coming years.
WPD said it will seek to recoup CAD100 million (€65 million) from the Ontario authorities, but the new law may limit this claim. Worse news for the Germans is that the CETA agreement provides no protection: it is yet to be ratified by all 28 EU states.
It is not always possible to continue operating old systems. In some cases the turbines must be dismantled. About 28,000 wind turbines are spinning under the German sky - many of them operating since the late nineties. Currently, the wind industry faces major challenges: With the expiration of the eligibility for subsidies under the Renewable Energy Sources Act (EEG) after 20 years, the operators have to decide whether the older plants should be decommissioned, dismantled, repowered or continue to operate as before. Under current conditions, this will impact approximately four gigawatts of wind project output nationwide according to estimates by the Institute for Integrated Production Hannover (IPH). In the future, an additional 2.4 gigawatts of EEG funding will be eliminated on average per year.
Nordex said that while sales in Germany were expected to slump by nearly two thirds this year, volumes would recover from 2020, with traders citing this positive mid-term outlook.
Germany’s would-be coalition partners have agreed to drop plans to lower carbon dioxide emissions by 40 percent from 1990 levels by 2020, sources familiar with negotiations said on Monday -- a potential embarrassment for Chancellor Angela Merkel.
The risk that German onshore wind could collapse over the next three to four years, endangering the aim to achieve 40-45% of gross electricity consumption from renewables by 2025, prompted the BNA to trigger a rescue clause in the 2017 renewable energy act.
Policymakers governing wind power generation have moved away from a regime based on subsidies to one of tenders, favouring project developers that can make low bids, which in turn puts massive pressure on equipment makers.
German engineering company Siemens (SIEGn.DE) reported a worse than expected 10 percent drop in quarterly industrial profit and signaled a tough year ahead as it restructures its turbine and wind power businesses.
Siemens Gamesa (SGREN.MC) said on Monday it plans to cut as many as 6,000 jobs worldwide as it braces for sales to plunge by as much as a fifth next year. The job cut would amount to more than 20 percent of the company’s total workforce of around 26,000.
The Nordex Group has adopted a cost-cutting programme to respond to the continuing decline in demand and the sharp change in market conditions in its core market Germany as well as in other European countries, as already announced before.
The citizens-energy projects – which took 96% of the capacity available in the tender, Germany’s first onshore round under a competitive process – do not need permits and have 54 months to build their wind farm, rather than the two years that is standard in the market, Nordex said. ...“Manufacturers that do not have any business outside Germany have now been largely left high and dry."
Representatives of the wind power sector have complained of a lack of acceptance for this form of energy production in Thuringia. The four dialogue forums, organized by the state government in 2016, were too little to reduce reservations about projects, said Michael Heinrich of plant engineer Enercon on Monday at a meeting in Gotha. Any known planning for a wind farm results in a citizens' initiative being formed.
Project delays, margin pressure, adjusted forecast: Although the business of the wind turbine builder Nordex is still running well, investors and experts are increasingly doubting the medium-term targets. This is also due to Donald Trump. DUSSELDORF - From the perspective of Nordex boss Lars Bondo Krogsgaard everything is going "as planned". Sales are increasing, profit are up and the annual goals of the Hamburg wind power group are still "readily in reach", said the native Dane on Thursday with the submission of the quarterly figures. But the investors of Germany's third-largest producer of wind turbines are far less optimistic than Krogsgaard.
The Supreme Court of Bavaria has upheld a controversial state wind distance rule that has already drastically reduced the number of permits for new wind farms in Germany's biggest state. ...In late 2014, the state government enacted legislation stipulating that wind parks need to be built at a minimum distance to the nearest housing of ten times the turbine height (measured from the tower base to the tip of the blade).
The US owners of Senvion are dropping plans for what would have been Europe’s biggest initial public offering this year, as their German wind-turbine-maker faces market turmoil.