Renewable energy delivered 56 GW of capacity at noon on Easter Monday, with consumption coming in around 61 GW. The price on the power exchange fell to minus €83.01/MWh during peak hours.
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.
According to the Brussels authorities, the transaction could affect competition in the electricity and gas sectors. EU competition commissioner Margrethe Vestager wants to ensure there are no price increases as a result of the proposed takeover.
Some 377 households and a retirement home are participating in a pilot project. In the first two weeks of this month, solar power generators sold 82% of their electricity within the neighborhood. The goal of the one-year test run is to develop a viable concept for the local marketing of solar power.
The German researchers were able to improve the efficiency through a simplified production process.
The planned acquisition of RWE subsidiary Innogy’s sales and network business, would make E.on the largest electricity supplier to two-thirds of Germany with a 70% market share in its distribution network. That is the finding of analysis conducted by consulting firm LBD on behalf of rival power firm Lichtblick.
The global market stagnated last year, with around 98 GW deployed. For 2019, the experts expect stronger solar growth, provided there are no setbacks in China.
The figure released by German industry associations BDEW and ZSW shows that no technology has grown as much as solar PV. Indeed, they say production increased 18% year-on-year. Overall, wind energy remains the largest producer of renewables, with annual growth of 7% over 2017.
An analysis of the World Wildlife Fund (WWF) assumes that a maximum of 2.5% of Germany’s land is needed for the energy transition. With a higher share of solar in the electricity mix, however, this percentage would be lowered to 2%. The study also says that the expansion of renewables will not endanger nature protection.
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