Germany shut down its last nuclear power plants in 2023.

The country's nuclear phaseout began over 20 years ago.

The Fukushima accident in 2011 accelerated Germany's nuclear phase-out, announced by Angela Merkel that year.

Germany aims to increase renewable energy and reduce carbon emissions post-nuclear phaseout.

The country's energy market is transitioning post-nuclear.

Germany's fossil fuel consumption increased after the nuclear phaseout.

The Russian-Ukrainian war has put Germany's energy supply at risk due to Russian gas supply cuts.

Economy Minister Robert Habeck announced a partial delay in the country's nuclear exit plan due to the energy crisis.

Germany remains committed to its nuclear phase-out plan, aiming for 80% renewable energy by 2030.

The country aims to be "climate neutral" by 2045, relying more on renewable energy.

64% of Germans support restarting nuclear power to address the energy crisis.

Chancellor Olaf Scholz opposes reinstating nuclear energy due to high costs and limited uranium stocks.

The German energy market is prioritizing solar and wind energy to cope with the loss of nuclear energy.

Germany aims to generate 80% of its electricity from renewables by 2030.

The country plans to invest €20 billion in the hydrogen industry, including hydrogen-fired power plants, by 2027.

The Russian-Ukrainian war has reduced Russian gas supplies to Germany, necessitating an expansion of clean energy production.

Germany is focusing on solar and wind energy to build renewable energy sources.

The country is funding hydrogen fuel cell technology as part of its multi-pronged approach to energy transition.

Germany targets 80% renewable energy by 2030 and climate neutrality by 2045.

The country will phase out coal plants by 2030 and invest in renewable energy.

Germany is investing in battery storage to reduce reliance on gas-fired power plants by 9 GW.

Germany is investing in hydrogen energy and battery storage to mitigate renewable energy intermittency.

Germany shut down its last nuclear power plants in 2023.

Title:

Content: In early 2023, Germany shut down its last nuclear power plants, so this winter will be Germany ’ s first “nuclear-free winter ”. Despite the German government ’ s vow to modernize its energy system and develop renewable energy, Germany ’ s fossil fuel consumption is higher and its power system is dirtier.
Commenting on Germany ’ s electricity problem, Reuters columnist Gavin Maguire wrote that the country ’ s electricity problem began with a gradual decline in the share of nuclear power in Germany ’ s power generation structure. In 2014, the contribution of nuclear power to Germany ’ s total electricity supply fell by only 6% in 2022, and finally dropped to zero after the last eight reactor outages in 2023.
According to the think tank Ember, Germany's last eight nuclear reactors generated about 8.1 gigawatts (8,000 megawatts) of electricity, a gap that was filled by solar and wind capacity.
It seems to be okay.
However, as solar power (Germany ’ s second largest clean power after wind) suffers from reduced sunlight this year, power generation will fall sharply this winter, and the total amount of clean electricity in Germany will also decline, but winter has always been Europe ’ s peak electricity consumption (heating demand), so German power producers are forced to increase the amount of electricity generated from fossil fuels such as coal and natural gas. of emissions.
According to the data, in the first nine months of 2023, Germany ’ s total electricity generation fell compared to last year, including clean electricity and fossil energy power; clean electricity fell by 5.6% compared to the same period in 2022, and fossil fuel power generation fell by 21%.
In other words, this year has been the most electricity efficient year in Germany since 2017.
But don ’ t think that ’ s a good thing, because Germany ’ s industrial electricity demand has fallen this year, and the economy has certainly followed suit.
Why is that so?
Data from the London Stock Exchange shows that the high price of electricity in Germany is a key factor. Compared to 2019, the price of electricity in Germany is 160% higher this year, although it is much better than the highest price last year (electricity prices soared last year due to the Russian-Ukrainian war, this year has fallen), but the German industry is still unwilling to pay.
According to data from the London Stock Exchange (LSEG), German chemical and fertilizer production (previously produced using abundant and cheap natural gas) has fallen to its lowest level in more than a decade in 2023 as producers cut production.
Production of cars, steel, batteries and turbines has also been cut, causing Germany, Europe ’ s largest economy, to experience a rare export slump this year.
In order to support the German industrial recovery, the German government asked the power companies to suppress the cost of electricity, and actively increase the production of cheap renewable energy, did get some results, but after entering the autumn, the sunshine time reduced, Germany September to December's total solar power, must be more than 80% lower than the peak.
Since solar power has accounted for more than 20% of Germany ’ s total electricity generation each month in the past five months, such a serious decline in clean power production will inevitably lead to a tight overall electricity supply; in order to make up for the shortage of solar power, Germany can only maximize the use of wind power, wind power production in Germany will increase in winter.
In order to supplement the intermittent problem of wind power and ensure that the total generation of electricity rises as demand grows, power companies have to increase the generation of coal and gas, which can be controlled by power plants to balance the needs of the national electricity market.
Speaking of which, it is clear that Germany will have to rely more on fossil fuels to generate electricity, and its carbon emissions will inevitably increase.
In order to determine its ideal of a non-nuclear homeland, Germany has caused more pollution, and the cost of electricity is still high, which has hit the German industry.
In August of this year, economists criticized "Germany's economic recession is already the sick man of Europe", which is all related to the abandonment of nuclear power.
German power mix may get dirtier for 1st non-nuclear winter
# Germany # Electricity # Dirty # Carbon # Solar

The country's nuclear phaseout began over 20 years ago.

Title:

Content: Home / News / World /  Germany quits nuclear power; shuts final 3 plants
Back

Germany has shut its final three nuclear plants, marking the end of the country's end of nuclear era that has spanned more than 60 years.

Nuclear power has long been contentious in Germany.

The move has come as Germany's eyes achieve its green goal. Steffi Lemke, Germany’s Federal Minister for the Environment and Consumer Protection and a Green Party member, "The position of the German government is clear: nuclear power is not green. Nor is it sustainable".

Closure of three nuclear plant's history:

Germany shut three plants-- Emsland, Isar 2, and Neckarwestheim, representing the culmination of a plan set in motion more than 20 years ago.

During the 1970s, a strong anti-nuclear movement emerged in Germany. The movement gave birth to the green party, which is now part of governing coalition.

However, it was in the 2000s the German government pledged to phase out nuclear power and start shutting down plants.

But in 2009, a new government came to power and it seemed brief as if nuclear would get a reprieve as a bridging technology to help the country move to renewable energy.

Then Fukushima happened. In 2011, an earthquake and tsunami caused three reactors of the Fukushima Daiichi power plant to melt down.

Three days later then-Chancellor Angela Merkel who was previously pro-nuclear, announced Germany would accelerate a nuclear phase-out, with older plants shuttered immediately.

Russia's invasion of Ukraine provided another plot twist.

Germany isn’t the only country committed to walking away from nuclear — Italy gave up the technology in 1990, and Lithuania recently struck a deal to dismantle its Soviet-era reactors, which have sat idle for over a decade. But in many advanced economies, nuclear is experiencing a resurgence.

On Sunday, Finland will start regular power production at Europe’s newest and biggest reactor. The 1,600-megawatt Olkiluoto-3 unit that faced years of delays had been planned to enter commercial production on Monday. France is planning to build at least six new reactors by 2050 as well as experiment with smaller, modular ones. The UK has similar ambitions. And even in Japan, after a decade of paralysis following the nuclear accident in Fukushima, the public is warming up to the use of nuclear power. The Japanese government wants to restart reactors that have sat idle since the disaster and to extend the lifespan of existing units.

Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
More Less
Recommended For You
×
Get alerts on WhatsApp
Set Preferences My Reads Watchlist Feedback Redeem a Gift Card Logout

The Fukushima accident in 2011 accelerated Germany's nuclear phase-out, announced by Angela Merkel that year.

Germany aims to increase renewable energy and reduce carbon emissions post-nuclear phaseout.

Title:

Content: Three nuclear-fired power plants will be taken off the grid in Germany on Friday as part of the country's plan to end atomic power.

"The nuclear phaseout makes our country safer and helps to avoid radioactive waste," said Federal Environment and Nuclear Safety Minister Steffi Lemke.

"It is now essential to ... advance the search for a final repository for high-level radioactive waste as well as permanent solutions for low- and medium-level radioactive waste," the environment ministry said.

Former German Chancellor Angela Merkel speeded up the phaseout following the 2011 Fukushima accident in Japan.

Friday's shutdown affects power plants in Brokdorf in Schleswig-Holstein, Grohnde in Lower Saxony and Gundremmingen C in Bavaria.

Germany's remaining three nuclear plants — Emsland in Lower Saxony, Isar 2 in Bavaria and Neckarwestheim 2 in Baden-Württemberg — will be closed by the end of 2022 "at the latest," the environment ministry said.

"Since 2011, Germany has been drawing a line under a highly problematic technology in an orderly, reliable process," Lemke said.

Nuclear accounts for about 10 percent of Germany's electricity production. The shutdown has sparked criticism as Germany will have to dramatically ramp up renewable energy and has also increased its reliance on highly polluting coal-fired power.

"Security of supply in Germany continues to be guaranteed," said Robert Habeck, federal climate and economy minister. He added that reliable and "sustainably generated electricity" is a "central requirement for aligning our economy and industry toward climate neutrality."

That stance puts Berlin at loggerheads with France, where nuclear is the largest element of its energy mix (and also helps supply Germany).

EU Internal Market Commissioner Thierry Breton said in September that existing nuclear plants, which provide low-carbon electricity essential to the green transition, can be kept running "for two, five, 10 years," adding: "Why deprive ourselves of this production capacity?"

France is planning to scale down the share of nuclear in its electricity mix from 75 percent to 50 percent by 2035, but President Emmanuel Macron said in November that France "will restart the construction of nuclear reactors" while "continuing to develop renewable energies."

Macron also said France will invest €1 billion into research and development, notably into small modular reactors.

Belgium recently decided to shut down all its nuclear power plants by 2025, but plans to invest €100 million in new generation nuclear reactors and research.

More from ... Louise Guillot

The country's energy market is transitioning post-nuclear.

Title:

Content: Log in
Or log in with
Google
Twitter
Facebook
Apple
Sign up
Or log in with
Google
Twitter
Facebook
Apple

TOKYO ELECTRIC POWER COMPANY HOLDINGS, INC.

(9501)
  Report
Delayed Japan Exchange  -  12:01:00 2023-04-17 am EDT
490.00 JPY   -1.41%
04/16Greenway Grid Global Pte. Ltd. & Tepco Power Grid, Inc. : the Sale of "Electric Power Asset NFT (Transmission Tower NFT Card, Utility Pole NFT Card)"
BU
04/16Germany's last nuclear reactors shut down - But the debate remains
DP
04/16Historic nuclear phase-out completed - but problems not yet solved
DP
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Greenway Grid Global Pte. Ltd. & TEPCO Power Grid, Inc.: the Sale of "Electric Power Asset NFT (Transmission Tower NFT Card, Utility Pole NFT Card)"

04/16/2023 | 10:31pm EDT

~ Venturing into the world of WEB 3.0 ~

Greenway Grid Global Pte. Ltd. (Headquarters: Singapore, President: Kazuhiko Shiba; hereinafter referred to as, "GGG") and Tokyo Electric Power Grid Co., Ltd. (Headquarters: Chiyoda-ku, Tokyo, President/CEO: Yoshinori Kaneko; hereinafter referred as, "TEPCO PG") are pleased to announce the sale of "Electric Power Asset NFT" on their websites starting on Monday, April 3, 2023. The NFTs are pictures of TEPCO PG power assets, such as transmission towers and utility poles, that have been digitalized using NFT technology*1.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230413005884/en/

Utility pole NFT card (Numa 218) (Graphic: Business Wire)

The global NFT market is said to be worth trillions yen, and the domestic market is expected to grow from several tens of billions yen to hundreds of billions yen by 2030.

GGG sees this as an opportunity to embrace the expanding Web3.0*2 trend and produce and sell "Electric Power Asset NFT (Transmission Tower NFT Cards, Utility Pole NFT Cards)" that are based on TEPCO PG's "Transmission Tower Card", which has been primarily used for recruitment purposes. Furthermore, we plan to collaborate with DEA*3, which has experience with, and WEB3.0 technical prowess that it has cultivated through, NFT gaming and the NFT market, in order to explore new ways to add value beyond mere ownership of the "Electric Power Asset NFT."*4

In producing the electric power asset NFT, TEPCO PG provides photos of facilities that harmonize with the scenery and the stories of each asset from among the electric power assets that TEPCO PG owns, which stretch from the cities to the mountains, thereby conveying the appeal of its electric power assets and supporting recruitment and other activities throughout the power industry.

*1 Non-Fungible Token (NFT). NFT uses blockchain technology to create unique digital assets.
*2 WEB3.0 is an "economy that creates, holds, and exchanges value using tokens, such as cryptocurrency, on the blockchain". Source: Web3.0 (METI/Ministry of Economy, Trade and Industry)
*3 DEA (Digital Entertainment Asset Pte. Ltd.). Since its launch on 26th May 2020, the NFT game platform "PlayMining" has gained over 2.7 million users in over 100 countries. DEAPcoin is Japan's first Play-to-Earn token, and "PlayMining" is the world's first Play-to-Earn token economy, leading the world's GameFi field.
*4 Signing of a MOU with Digital Entertainment Asset Pte. Ltd. for consideration of a Sustainable Social Contribution Game Utilizing “Electric Power Asset NFT”
https://www.greenwaygrid.global/signing_of_mou_with_dea/

Please see the below attachment for an overview of “Electric Power Asset NFT (Transmission Tower and Utility Pole NFT Cards)” and the method of sale.

Overview and method of sale of
“Electric Power asset NFT (Transmission Tower and Utility Pole NFT cards)”

1. Card type and price

(Transmission Tower NFT card)

  • S rank (1 type x 5 sheets): 100,000 yen/1 sheet (tax included)
  • A rank (2 types x 10 sheets): 30,000 yen/1 sheet (tax included)
  • B rank (2 types x 10 sheets): 10,000 yen/1 sheet (tax included)
  • C rank (5 types x 20 sheets): 3,000 yen/1 sheet (tax included)

(Utility pole NFT card)

  • S rank (1 type x 5 sheets): 100,000 yen/1 sheet (tax included)
  • A rank (2 types x 10 sheets): 30,000 yen/1 sheet (tax included)
  • B rank (2 types x 10 sheets): 10,000 yen/1 sheet (tax included)
  • C rank (5 types x 20 sheets): 3,000 yen/1 sheet (tax included)

2. Sales Volume

10 types of Transmission Tower NFT card, 10 types of Utility pole NFT card, 290 sheets in total

3. Sales period

April 3 to 30, 2023
*Sales start at 9:00 (JST) on April 3 (Monday)

4. Sales

Sold at the following internet site
https://nft.hexanft.com/en/users/g1mRrrU3HXQTDP?collection=%E3%80%90%E9%9B%BB%E6%9F%B1%E3%80%91%E3%83%A9%E3%83%B3%E3%82%AFS

5. Benefits

If you purchase one or more NFT from each rank (S to C), you will receive a “Premium Electric Power Asset NFT”. (See the URL above for details)

6. Production Involvement

Production: Greenway Grid Global. Pte. Ltd.
Sponsored by: Transmission Line Construction Technology Study Group
Photo: TEPCO Power Grid, Inc.
Supported by: Digital Entertainment Asset Pte. Ltd

© Business Wire 2023
All news about TOKYO ELECTRIC POWER COMPANY HOLDINGS, INC.
04/16Greenway Grid Global Pte. Ltd. & Tep : the Sale of "Electric Power Asset NFT (Transmission..
BU
04/16Germany's last nuclear reactors shut down - But the debate remains
DP
04/16Historic nuclear phase-out completed - but problems not yet solved
DP
04/15As Germany ends nuclear era activist says still more to do
RE
04/15End of the nuclear power era in Germany - Last reactors to be taken off the grid
DP
04/15Atomic 'angst' over? Germany closes last nuclear plants
RE
04/14Atomic 'angst' over? Germany closes last nuclear plants
RE
04/12Struggle over nuclear power until the last minute - FDP wants nuclear power reserve
DP
04/12Explainer-Why a clean energy transition is so important to G7 chair Japan
RE
04/10Japan's three megabanks to face votes on climate change - sources
RE
More news
Analyst Recommendations on TOKYO ELECTRIC POWER COMPANY HOLDINGS, INC.
More recommendations
Financials
Sales 2023 7 211 B 53 935 M 53 935 M
Net income 2023 -115 300 M -862 M -862 M
Net Debt 2023 - - -
P/E ratio 2023 -6,91x
Yield 2023 -
Capitalization 796 B 5 956 M 5 956 M
Capi. / Sales 2023 0,11x
Capi. / Sales 2024 0,11x
Nbr of Employees 37 939
Free-Float 92,8%
Chart TOKYO ELECTRIC POWER COMPANY HOLDINGS, INC.
Duration : Period :
Full-screen chart
Technical analysis trends TOKYO ELECTRIC POWER COMPANY HOLDINGS, INC.
Short TermMid-TermLong Term
TrendsBullishNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus SELL
Number of Analysts 2
Last Close Price 497,00 JPY
Average target price 325,00 JPY
Spread / Average Target -34,6%
EPS Revisions
Managers and Directors
Tomoaki Kobayakawa Executive President & Director
Yoshimitsu Kobayashi Chairman
Hideko Kunii Independent Director
Hideo Takaura Independent Outside Director
Shigeo Ohyagi Independent Outside Director
Sector and Competitors
1st jan.Capi. (M$)
TOKYO ELECTRIC POWER COMPANY HOLDINGS, INC.4.41%5 956
NEXTERA ENERGY-6.67%157 864
IBERDROLA, S.A.4.89%79 353
SOUTHERN COMPANY1.47%78 452
DUKE ENERGY CORPORATION-3.74%75 246
ENEL S.P.A.13.48%63 740
1 MarketScreener is worth more than 1000 Influencers!
100% Free Registration

Germany's fossil fuel consumption increased after the nuclear phaseout.

The Russian-Ukrainian war has put Germany's energy supply at risk due to Russian gas supply cuts.

Title:

Content: Germany says two nuclear plants will remain on standby until mid-April 2023
World News
Copy Link https: / / www.rt.com / tqy1
Germany said on Monday it would keep two nuclear plants on standby beyond the end of the year in a political shift as a cut in Russian gas supplies threatens Europe with an energy crisis.
Economy Minister Robert Habeck said in a speech that following a new grid stress test, two of the remaining three power plants “will remain available until mid-April 2023 if needed, ” partially delaying a planned nuclear exit under former Chancellor Angela Merkel.
Source: AFP
Agree.
This website uses cookies. You can read the terms of use to activate this feature by clicking here

Economy Minister Robert Habeck announced a partial delay in the country's nuclear exit plan due to the energy crisis.

Germany remains committed to its nuclear phase-out plan, aiming for 80% renewable energy by 2030.

Title:

Content: This content is not available in your region
Germany closes three nuclear power plants
Comments
Lev Udolsky
Copyright AP Photo / Heribert Proepper
With the end of the year, the phase-out of nuclear energy in Germany is entering a new phase.
On December 31, three nuclear power plants will be disconnected from the grid, including the Brockdorf nuclear power plant, located in the north of the country.
Its construction, begun in the 1980s, already caused a lot of protests.
The management of the company regrets its closure.
“In recent days, the mood has been very sad, ” says Guido Nott, chairman of PreussenElektra.
We have been running this station for 35 years.
We monitored her condition, maintained at the highest technical level and always ensured the safety of her work.
Meanwhile, among opponents of the use of nuclear energy, the closure of the nuclear power plant does not cause any sadness:
“I feel a calm but constant joy that this facility is now closed, ” says Karsten Hinrichsen, an activist.
Some have asked if victory has been won.
I say no, because it took too much time.
The ban on the operation of nuclear power plants in Germany was adopted after the accident at the Japanese nuclear power plant Fukushima in 2011.
During the vote in the Bundestag, this initiative was supported by 513 out of 600 deputies.
The oldest reactors were shut down immediately, and the shutdown of the remaining nine was decided to proceed in stages.
Following three nuclear power plants located in Bavaria, Lower Saxony and Schleswig-Holstein, which will stop generating electricity this year, the remaining three will be shut down by the end of next year.
At the same time, the work related to the NPP shutdown will continue for several more years, since the dismantling of the stations is a very complex and lengthy procedure.
Meanwhile, the country plans to increasingly switch to renewable energy sources.
It is estimated that by 2030, 80% of electricity will be generated by wind turbines, solar panels or biogas plants.

The country aims to be "climate neutral" by 2045, relying more on renewable energy.

Title:

Content: Germany on Friday shut down three of the six nuclear power plants that were still in operation.
Three closed reactors were first put into operation in the mid-1980s, reports AP News.
Together, they provided electricity to millions of German families for nearly four decades.
One of the stations, Brockdorf, is located 40 kilometers northwest of Hamburg on the Elbe River.
It became the center of anti-nuclear protests sparked by the Chernobyl disaster of 1986.
The other two are Gronde, 40 kilometers south of Hanover, and Gundremmingen, 80 kilometers west of Munich.
The German government said this week that the decommissioning of all nuclear power plants next year and the subsequent abandonment of coal by 2030 will not affect the country ’ s energy security or its goal of making Europe ’ s largest economy “climate neutral ” by 2045.
According to the Fraunhofer Institute, renewable energy provided almost 46% of Germany ’ s electricity generation in 2021.
Coal accounted for more than 51% and nuclear energy for more than 13%.
The decision to phase out nuclear power and switch from fossil fuels to renewables was first made by Gerhard Schröder ’ s center-left government in 2002.
His successor, Angela Merkel, has set 2022 as the deadline for the plant ’ s closure.
Earlier, in December 2019, the Philipsburg nuclear power plant, one of the seven nuclear power plants operating at that time, was shut down in Germany.
You may also be interested in news:

64% of Germans support restarting nuclear power to address the energy crisis.

Title:

Content: World Vision: Restarting nuclear power, dragging the German government into crisis
November 06, 2022 00: 03
Eastern Network Television
More News Clips
With Germany following the NATO sanctions against Russia, the German energy crisis is deepening and leading to serious political instability.
The gold-painted sign “Made in Germany ” has been peeled off. First, the business community complained about the high price of electricity in Germany, averaging 0.37 euros per kilowatt-hour (kWh), compared with 0.18 euros in France, 0.24 euros in the United Kingdom and 0.10 euros in Hungary.
Even if the German government proposed energy subsidies, but other European governments such as Britain and France will do so, German companies still can not compete. The result is that more and more industrial products that Germany was proud of in the past, either set up factories in foreign countries or import some foreign parts to complete in Germany.
In addition, some townships began to have problems with the opening up and strengthening of thermal power generation and transmission, and now there are rare power outages, which have caused great dissatisfaction among the public.
The Minister of Economy and Deputy Prime Minister Hajbek have become the target of attacks by the industrial sector, the German opposition, and the Liberal and Social Democrats in the government, focusing on Habek, who has no economic expertise but is responsible for the environmental ideology, and the government ’ s lack of understanding and compassion for industry, and has been deceiving the three nuclear power plants.
Halbek has always stressed that the German people have long been the majority of anti-nuclear power, but the latest poll shows that 64% of the people support restarting nuclear power to increase supply and reduce electricity prices due to the energy crisis, with 40% of the Green Party voters.
In addition, the Green Party has spoken out in favor of improving climate change, but has been hiding experts ’ suggestions that turning on nuclear power could cut Germany ’ s carbon emissions by 25 million to 30 million tons a year.
In addition, Halbek stressed that the nuclear fuel rods needed for the nuclear power plant may not be available by early next year, but the expert opinion is that the old nuclear fuel rods can also be used and the nuclear power plant can be gradually opened.
Halbek stressed that it would take a long time to open the safety inspection of nuclear power, but the world-famous German Technical Supervision Association immediately hit the face, claiming that they did a comprehensive inspection in March, all three nuclear power plants are normal, as long as limited further testing and monitoring, restart is not a problem at all.
The opposition party also criticized the three-party coalition government for delaying the setting of a gas price cap until March next year. At that time, the weather in Germany has begun to warm up. As a result, the opposition party and the public demand that Habaker resign, which can be regarded as the ruling coalition's biggest crisis to date.
Ph.D., Freie Universität Berlin

Chancellor Olaf Scholz opposes reinstating nuclear energy due to high costs and limited uranium stocks.

Title:

Content: German Chancellor rejects demands for his country ’ s return to nuclear energy - Sunrise Gate
Monday 4 March 2024 3: 47 PM Cairo Cairo 24 °
Most Read
You might like it, too.
Share your opinion
Do you support calls to boycott some restaurants that have been proven to support the occupation soldiers?
German chancellor rejects calls for his country to return to nuclear power
German Chancellor Olaf Scholz
Zendelwingen (Germany) - DPA
Published on: Monday 4 March 2024 - 3: 34 PM | Last updated on Monday 4 March 2024 - 3: 34 PM
German Chancellor Olaf Schulz rejected the demands of his country to return to the use of nuclear energy in the generation of electricity, pointing in this regard to the high cost and long time required to rebuild nuclear plants.
Speaking at a vocational education centre in the city of Zendelwingen in the southwestern German state of Baden-Württemberg, Schulz said: “If someone decides now to build a nuclear power plant, it will be completed in 15 to 20 years according to the current construction times.
By then, we should have solved all our problems already. ”
The electricity generated by such plants costs twice as much as electricity generated from wind, solar or other production sources, Schulz said, noting that uranium stocks are ultimately limited.
"If we look back 20 years later, whoever made a less expensive and more efficient decision to produce electricity, it will be our country," he said.
In its draft new core program, the Christian Alliance (which leads the opposition in the country) expressed support for the use of nuclear energy and said it wanted to rely on "fourth-generation and fifth-generation nuclear power plants".
You might like it, too.
Share your comment

The German energy market is prioritizing solar and wind energy to cope with the loss of nuclear energy.

Title:

Content: 22 Apr, 2024 13:24

Fossil fuel era ending – Scholz

Despite ambitious plans to phase out Russian gas, the EU increased purchases in 2023, Reuters reported earlier this month

The predominance of fossil fuels in global energy output is nearing its end, German Chancellor Olaf Scholz has claimed, adding that his country aims to produce 80% of its electricity from renewable sources by 2030.

German industry had for decades relied on relatively inexpensive Russian gas, and to a lesser extent oil. However, following the start of the Ukraine conflict in February 2022, energy imports from Moscow fell dramatically, adversely affecting the competitiveness of many German businesses.

In 2020, the European Union unveiled its Green Deal strategy for the bloc to become climate-neutral by the middle of the century.

Speaking at the opening ceremony of the Hanover trade fair on Sunday, Scholz said that the “era of fossil fuels is coming to an end.” German industry will have to reorganize its operations, but not all technological processes allow for swift decarbonization, according to the chancellor.

The German leader stated that “modern, highly-flexible and climate-friendly power plants” were currently being built across the country to replace traditional power sources. Scholz also said that Norway would provide Germany’s industry with “clean energy from wind and hydropower.”

Eighty percent of the nation’s electricity is expected to come from renewables by 2030, including solar power and both onshore and offshore wind, he added.

Scholz said the two years since the start of the Ukraine conflict have been “turnaround years” for Europe, allowing it to “address the necessary changes” to its energy supply.

The EU aims to completely wean itself off Russian fossil fuels by 2027. Last Friday, however, the bloc’s Agency for the Cooperation of Energy Regulators released a report warning against drastic reductions of imports of liquefied natural gas (LNG) from Russia.

In 2023, Russia emerged as the EU’s second-biggest LNG supplier after the US, accounting for 16% of the bloc’s imports.

Earlier this month, Reuters cited calculations based on the EU’s trade statistics as showing that Brussels increased natural gas purchases from Russia in 2023.

Podcasts
0:00
25:56
0:00
26:28

Germany aims to generate 80% of its electricity from renewables by 2030.

Title:

Content: Global News
Germany: 80% of electricity will come from renewable sources by 2030
You are now following the news of Germany: 80% of electricity will come from renewable sources by 2030 from the section World News and now we leave you with full details
MOHAMMED - Abu Dhabi on Monday 23 October 2023 8: 19 AM - German Chancellor Olaf Schulz has expressed his conviction that 80% of Germany's electricity will come from renewable sources by 2030.
Speaking at a staff event at the energy company RWE marking its 125th anniversary, Schulz said: “We are moving fast, making progress, we can reach our goal. ”
He pointed to the recent sharp rise in the number of licenses for solar and wind power plants.
"Now we have to make sure that they are not only licensed quickly, they are built quickly as well," he said.
Schulz went on to say that the German government is working to ensure that energy supplies “remain safe, reliable and affordable. ”
RWE is the largest producer of electricity in Germany.
We hope that we have succeeded in conveying the full details of the German news: 80% of the electricity will come from renewable sources by 2030.
In God ’ s care and protection.
Advertisements
You may also read.

The country plans to invest €20 billion in the hydrogen industry, including hydrogen-fired power plants, by 2027.

Title:

Content: There were 1,584 press releases posted in the last 24 hours and 428,843 in the last 365 days.

Four questions for Germany’s big hydrogen power plan

The German government is proposing to invest billions of euros to support the roll-out of a wave of hydrogen-fired power plants. This is part of a move to phase-out coal plants and to deploy large volumes of wind and solar generation.

Details of the hydrogen plan – the Kraftwerksstrategie or KWS – became available on 5 February through a press release from Germany’s Federal Ministry for Economic Affairs and Climate Action 1 , which confirmed government agreement on the scheme. The plan is now subject to the approval of the European Commission and negotiations with the German parliament.

The planned hydrogen subsidies would have a transformative impact on both the German and European electricity markets. But discussions on the plans during 2023 were the privilege only of those inside ministries. Given the importance of these plans, the lack of public debate or transparency so far, especially at European level, is concerning.

In this context, and to inform the debate that will now start, we pose four questions: Why hydrogen? What are the ramifications for the European market? Where in Germany? By when should coal be phased out?

An unprecedented transformation of the German electricity system

Germany wants 80 percent of domestic electricity generation to be renewable by 2030, up from 44 percent in 2022 2 . Specifically, this involves reaching an installed generation capacity of 215 gigawatts solar, 110 GW onshore wind and 30 GW offshore wind by 2030, more than doubling existing capacities in the next six year 3 .

Germany’s governing coalition must also decide whether to bring forward the legally-specified coal phase-out date from 2038 to 2030. Bringing it forward would imply replacement of an additional 17 GW of lignite and coal plants by 2030 4 , on top of 13 GW of plants already scheduled for shut down.

All this means restructuring the electricity system at unprecedented speed. To accompany variable renewables, the deployment of clean-generation capacity that can smooth fluctuations in renewable output – both intra-day and across seasons – is necessary. However, exactly how much new capacity is required, and from which technology, is not clear.

What does Germany aim to do? Principles and compromises

The main thrust of the power plant strategy is to provide subsidies for hydrogen-fired power plants. The German government sees these plants as replacements for coal-fired plants that will shut down, and as complements to variable renewable generation, most likely by helping to balance longer-term fluctuations in renewable output. This is consistent with the German government’s grander ambitions for hydrogen. Plans are being drawn up for a hydrogen pipeline network that will cover 10,000 km by 2032 5 , and up to €20 billion will be spent developing the hydrogen industry between 2024 and 2027 6 .

The government originally wanted to support three types of plant: 1) hydrogen sprinters, 2) hydrogen hybrid, and 3) hydrogen-ready. Sprinters are purpose-built turbines that would run on hydrogen from day one. Hybrids involve the co-location of hydrogen capabilities alongside solar PV or onshore wind, which could even out the electricity sent to the power grid 7 . Hydrogen-ready plants would be plants with gas-fired turbines, and a requirement to provide a detailed roadmap showing how they will switch to hydrogen no later than 2040.

In August 2023, the Federal Ministry for Economic Affairs and Climate Action said it had completed negotiations with the European Commission over provision of state aid to these three types of plant 8 . Plans were drawn up to subsidise 4.4 GW of sprinters, 4.4 GW of hybrid plants, and up to 15 GW of hydrogen-ready plants. A first tender was intended for December 2023.

However, like so much of Germany’s planned climate expenditure, this agreement was thrown into question by a November 2023 constitutional court ruling that COVID-19 debt allowances could not be rolled over into Germany’s Climate and Transformation Fund (Klima- und Transformationsfonds, KTF), on the basis that the rollover would breach government spending rules 9 . The KTF would have been the source of the originally-planned subsidies for three types of hydrogen plant.

Therefore, a compromise was worked out, culminating in the government’s 5 February announcement 10 . The government now plans to subsidise a lower volume of 10 GW hydrogen-ready turbines and has scrapped plans for the 8.8 GW combined sprinters and hybrids. A tender process will offer state support for the construction and operation of four natural gas-fired power plants. Bidders should draw up plans for transitioning to hydrogen between 2035 and 2040. The estimated cost is €16 billion 11 .

This would create a demand for hydrogen of 20 TWh annually once all plants are converted, assuming 1,000 running hours per year 12 . Demand of 20 TWh is significant but not disproportionate in the context of wider plans. Total German hydrogen demand today is 55 TWh, of which almost none is supplied as clean hydrogen produced using renewable electricity 13 . The German national hydrogen strategy sets a target for between 40 TWh and 75 TWh total clean hydrogen demand in 2030 (BMWK, 2023).

Until plants are converted to hydrogen, they will consume natural gas, again estimated at a 20 TWh annual consumption. This compares to typical annual German gas demand of 800 TWh, which will be substantially lower by 2030.

Read the full analysis at the original link.

About the authors

Ben McWilliams is working for Bruegel as an Affiliate fellow in the field of Energy and Climate Policy. His work involves data-driven analysis to critique and inform European public policy, specifically in the area of the energy sector and its decarbonisation.

Georg Zachmann is a Senior Fellow at Bruegel, where he has worked since 2009 on energy and climate policy. His work focuses on regional and distributional impacts of decarbonisation, the analysis and design of carbon, gas and electricity markets, and EU energy and climate policies.

The Russian-Ukrainian war has reduced Russian gas supplies to Germany, necessitating an expansion of clean energy production.

Title:

Content: HI, {{username}}
Manage account
Change password
HEADLINES
{{headlineCount}} new {{headlineCount = = 1?
'update': 'updates'}}
+ MORE HEADLINES
EU approves €28 billion German energy plan
21.
DECEMBER
2022
A
+
A
- Ah!
Print
Email
Email
A
+
A
- Ah!
The European Commission said on Wednesday it had approved a 28 billion euro ($29.69 billion) renewable energy subsidy plan from Germany aimed at accelerating the expansion of wind and solar power.
This plan will replace the current renewable energy subsidy scheme and will be valid until 2026.
The plan aims to meet Germany ’ s goal of producing 80 percent of its electricity from renewable sources by 2030.
The European Commission said the plan was "necessary and appropriate" to encourage the use of renewable energy and reduce emissions that are warming the planet.
EU Competition Commissioner Margrethe Vestager said in a statement that Germany ’ s Renewable Energy Act 2023 plan will help accelerate the pace of reducing carbon use in electricity production.
Expanding clean energy production will be necessary to meet Germany ’ s goal of eliminating greenhouse gas emissions by 2045, as well as filling part of the energy supply gap that occurred after Russia cut most of its gas supplies to Europe this year.
Since the outbreak of the crisis in Ukraine at the end of February, disagreements and mutual sanctions between Moscow and EU capitals and non-EU allies such as the United States have caused reciprocal sanctions.
The sanctions included the Russian energy sector, prompting Moscow to collect the value of its energy exports in Russian rubles from countries described as "unfriendly", before gas exports via the Nord Stream 1 line stopped at the end of August.
It has also become difficult to resume exports via Nord Stream 1 and 2 after explosions caused gas leaks in the Baltic Sea.
Europe announced a ninth round of sanctions against Russia after it capped the price of Russian seaborne gas at $60 a barrel.
Skynews
MORE ABOUT
ADVERTISE HERE
JUST IN
TRENDING
HEADLINES
{{headlineCount}} new {{headlineCount = = 1?
'update': 'updates'}}
+ MORE HEADLINES
TRENDING

Germany is focusing on solar and wind energy to build renewable energy sources.

Title:

Content: Germany seeks to accelerate transition to wind power | DW News | DW | 02.09.2022
1.
Inhalt
2.
Navigation
3.
Weitere Inhalte
4.
Metanavigation
5.
Suche
6.
Choose from 30 Languages
DW News
Germany to accelerate transition to wind power
Delegates at the G20 meeting in Bali, Indonesia, agreed on the need to shift to renewables.
To do so, member states will need to work on building solar panels and wind farms that will drive green transformation.
READ ALSO

The country is funding hydrogen fuel cell technology as part of its multi-pronged approach to energy transition.

Title:

Content: People 's Network > > International
Overview ｜ Hannover Messe focuses on energy transition
April 26, 2024 09: 53 | Source: Xinhua Network
Small number
Xinhua News Agency, HANNOVER, Germany, April 25, Roundup ｜ Hannover Messe focuses on energy transition
Xinhua News Agency reporter Du Zheyu and Chu Yi
The 2024 Hannover Messe will be held from April 22 to 26.
The theme of this year's exhibition is "Injecting vitality for sustainable industrial development", and energy transformation has become the focus of attention of all parties.
German Chancellor Gerhard Scholz said during the exhibition that the key to Germany ’ s energy transition is to produce more electricity in a climate-friendly manner and at affordable prices, and strive to generate 80% of its electricity from renewable sources such as solar and wind by 2030.
Norway is the host country for this year ’ s event.
Norway has abundant hydropower resources, which provide favorable conditions for the production of green hydrogen.
Norwegian Prime Minister Steele said at the opening ceremony that Norwegian exhibitors will showcase green transformation solutions such as green hydrogen and carbon capture systems.
Jochen Koehler, chairman of the board of directors of Deutsche Messe AG, the organizer of the exhibition, said in an interview with Xinhua reporters during the exhibition that climate change threatens every country and is a common challenge facing all mankind.
Like China, Germany is committed to reducing CO2 emissions and accelerating the energy transition.
For the key to the energy transition, Kokler said, "to achieve the transition from fossil energy to green energy, first of all, need to ensure sufficient (green) energy, and secondly, the price must be competitive, so as to maintain the stability of the transition."
In response to this problem, this Hannover Messe offers many solutions. "Cochler also stressed the importance of international cooperation for the energy transition.
He said that the energy transition knows no borders and requires the cooperation of all countries in order to achieve it.
In an interview held during the exhibition, Johannes Daum, director of the hydrogen, alternative fuels and fuel cells division of the German National Hydrogen and Fuel Cell Technology Organization (NOW), said that the German government attaches importance to hydrogen infrastructure construction and technology research investment, as early as 2006 began to fund hydrogen fuel cell technology, and launched the second phase of funding and related innovation program in 2016.
Germany currently has more than 90 hydrogen refueling stations and hundreds of hydrogen buses have been subsidized.
Doom also pointed out that in order to achieve climate change goals and energy transition, hydrogen energy alone is not enough, and requires a multi-pronged approach to develop more technological solutions to achieve breakthroughs.
In an interview with Xinhua, Cedric Neck, member of the management committee of Siemens AG and chief executive of the digital industry, said that to achieve the energy transition, gradual adjustment is not enough, and profound changes must be made.
This requires, first, strengthening innovation to drive transformation faster and more effectively; secondly, strengthening cooperation to “learn from each other, bundle the strengths and capabilities of all parties, and build a partner ecosystem with many excellent players, many ideas and many different application cases ”; moreover, the transition to a more sustainable way of development is closely related to digital transformation, and the application of new technologies such as artificial intelligence in the industrial field is full of potential and broad prospects.
Founded in 1947, Hannover Fair has become one of the most influential industrial exhibitions in the world.
The exhibition attracted nearly 4,000 exhibitors from about 60 countries and regions, including more than 500 exhibitors from the hydrogen and fuel cell sector to showcase energy solutions.
(Editor: Liu Jieyan, Cui Yue)
Share it so more people can see it.
Back to top

Germany targets 80% renewable energy by 2030 and climate neutrality by 2045.

Title:

Content: Tuesday 12 Dhu al-Hijjah 1445 AH - 18 June 2024 |
Programs
Watch our latest episodes online
German solar panel installations to rise 35% in 2024
Germany's solar industry association said on Tuesday that solar panel installation in the country rose 35 percent year on year in the first four months of 2024, boosted by rising industrial and commercial demand and ground-mounted photovoltaic cells.
Since the Russian invasion of Ukraine and the sudden drop in Russian fossil fuel exports to Germany, Berlin has introduced legislation to accelerate the expansion of solar power as part of its plan to cover 80 percent of its energy needs from renewable sources by 2030 and become climate neutral by 2045.
According to a YouGov survey in May, new solar capacity grew by more than 5 gigawatts in the first third of this year, with 56 percent of businesses and more than 60 percent of property owners in Europe ’ s largest economy expressing interest in investing in solar systems.
In the first four months of this year, the capacity of newly installed photovoltaics on commercial roofs rose 81 percent, while outdoor solar installations grew 74 percent compared to the same period last year.
In the residential sector, new panels rose 1 percent.
Source:
• Reuters

The country will phase out coal plants by 2030 and invest in renewable energy.

Title:

Content: Germany announces it will stop using coal by 2030 and will rely on renewable energy for 80% of its electricity generation
2021 / 11 / 28 9: 59: 55 Source: IT Home Author: Wang Miao
As part of its latest climate pledge, Germany plans to phase out coal use by 2030, eight years earlier than originally planned.
In the same year, the country wants 80% of its electricity to come from renewable sources.
Olaf Scholz, leader of the Social Democratic Party, announced the plan on Wednesday, the BBC reported.
By 2030, Germany still plans to reduce emissions to 65 percent of 1990 levels.
According to estimates by the nonprofit Climate Action Tracker, Germany needs to reduce its greenhouse gas emissions by at least 70 percent by the end of the decade to meet the 1.5 degrees Celsius target set by the Paris Agreement.
Germany will use natural gas to ease transition between coal and renewables, Bloomberg reports
In addition, critics say Germany must do more to promote the adoption of electric vehicles.
Germany currently only plans to have 15 million electric vehicles by 2030.
Soft media 's website: IT home hot products - Value shopping guide, coupons most buy - rebate coupons iPhone home Win7 home Win10 home Win11 home
Soft media software: Magic cube swordfish browser (speed kernel) cloud calendar cool point desktop Win7 optimization master Win10 optimization master soft media mobile APP application

Germany is investing in battery storage to reduce reliance on gas-fired power plants by 9 GW.

Title:

Content: Battery storage on a capacity market

Share

Why a German capacity market?

With the German Kraftwerksstrategie, which also includes the agreement of a technology-independent capacity market, the German government is focusing on ensuring a fully renewable electricity system. The capacity market uses long-term contracts for available generation capacity (paid in €/kW) to ensure that there is sufficient energy available at every hour of the year to meet demand even in rare exceptional cases. One thing is certain: with increasing shares of renewable energies and the coal phase-out, controllable generators and storage systems are needed to keep production and consumption in balance. A recently published study by Frontier Economics shows that battery storage can reduce the need for gas-fired power plants in Germany by 9 GW, saving billions in construction and operating costs for 18 additional power plants and emissions of up to 6.2 million tons of CO2.

International experience in Belgium, the UK, Poland and Italy

Capacity markets have been successfully introduced in various European countries in recent years. After the UK took the lead in 2014, central capacity markets have been implemented in Belgium, Italy, Poland and Ireland. In Spain, a capacity market is currently in the legislative process. In the EU, the Agency for the Cooperation of Energy Regulators (ACER) sets the framework for the use of capacity mechanisms, while the final decision on this rests with the Member States and the European Commission.

The design of the capacity markets in the various European countries is therefore subject to a similar structure: in a central annual auction, a fixed amount of capacity is demanded by a central authority, similar to the transmission system operator in the UK and Poland. This capacity can be offered, for example, by power plants, storage facilities or through demand response.

The capacity markets in the UK and Belgium, for example, follow this central principle (see table). In contrast, the French model, in which the capacity in demand is procured in a decentralized manner and in which the individual energy suppliers are obliged to purchase capacity certificates from power plants and other electricity producers, has not yet been able to establish itself.

The annual auctions take place four years (T-4) or one year (T-1) in advance of the start of the respective contract term. The term of the capacity contracts ranges from one year for existing plants to 15 to 17 years for new plants. This is meant to provide the latter with the necessary investment security over the financing period of the project.

During the term of the contract, all plants receive a fixed remuneration per megawatt per year based on the auction result. In return, they must be available during this period and are subject to certain physical or financial requirements depending on the structure of the respective market. Emission limits stipulate that coal-fired power plants and other plants with high CO2 emissions cannot participate in the capacity markets. This can also create incentives for natural gas power plants to switch to hydrogen.

Key points of a successful German capacity market

In order to avoid risks of mismanagement, misincentives and unnecessary costs, a well-thought-out and efficient capacity market design is essential. This can, for example, avoid the risk of so-called windfall profits going to power plants that do not need support or of power plants being artificially kept alive that would otherwise be eliminated from the market.

Experience from the capacity markets already implemented in Europe shows that the capacity market design to be created for Germany must take the following key aspects into account to be successful: firstly, the derating factor, secondly, the handling of plant availability and refinancing, and thirdly, the local distribution of the participating plants. The contract terms and auction horizons as well as options for mapping plant degradation and, finally, the choice of auction format between “pay-as-bid” or “pay-as-cleared” are also important.

DescriptionGreat BritainIrelandItalyPolandBelgium
Auction frequencyYearly auctionsYearly auctions~Yearly auctionsYearly auctionsYearly auctions
Planning period4 years (T-4) Main auction

1 year (T-1) top-up

4 years (T-4)

1 year (T-1) or 2 years (T-2)

Up to 4 years (T-4) Mother auction

Up to 3 years (T-3) Adjustment auction

5 years (T-5)

1 year (T-1) Supplementary auction

4 years (T-4)

1 year (T-1)

Contract duration15 years (T-4)

1 year (T-1)

10 years (new builds T-4)

1 year (existing, T-1 or T-2)

15 years (new builds)

1 year (existing capacities)

17 years (new and low emissions)

1 year (existing units)

15 years (new), 8 years (retrofit), 1 year (existing)
SettlementPlants in CM are paid a clearing price (£/MW) per yearPlants receive a yearly Premium (£/MW or €/MW) per yearPlants receive a yearly Premium (€/MW) per yearPlants receive a yearly Premium (€/MW) per yearPlants receive a yearly Premium (€/MW) per year
Total Auctioned Capacity43.9 GW7.2 GW65 GW7 GW1.5 GW
Auction clearingPay-as-clearPay-as-clearPay-as-clearPay-as-clearPay-as-bid
BESS Capacity participation in CM1.1 GW35 MW1.1 GW1.7 GW404 MW
First Capacity Auction

First Capacity Auction with BESS participation

Auction 2014; Delivery 2018/2019

Auction 2017; Delivery 2021/2022

Auction 2018; Delivery 2022/2023

Auction 2020; Delivery 2024/2025

Auction 2019; Delivery 2022/2023

Auction 2020; Delivery 2023/2024

Auction 2018; Delivery 2021(existing) 2023 (New)

Auction 2022; Delivery 2027

Auction 2021; Delivery 2025/2026

Auction 2021; Delivery 2025/2026

Derating factor

The derating factor enables the participation of different generation and flexibility options in the capacity market. It indicates what percentage of the nominal output of a particular technology is remunerated by the capacity market and thus serves, for example, to make the contribution of battery storage systems with different storage durations to system security comparable. Depending on the capacity and the selected operating mode, a storage system can provide a given output for different lengths of time (for example 2 hours, 4 hours, 8 hours).

Determining derating factors should be based on how likely it is that a particular technology will be available during the most critical bottleneck hours of a year or quarter. In “mature” or well-established capacity markets such as MISO (Midcontinent Independent System Operator) in the USA, 4-hour batteries have been shown to be as reliable as gas or coal-fired power plants during the 3 percent (262 of 8,760) most critical bottleneck hours of a year, and have a derating factor of over 90%. The reason for this is that of the 262 most critical bottleneck hours, hardly more than 4 hours were consecutive, giving batteries time to recharge. In addition, batteries are less prone to failure than thermal power plants and have an availability advantage.

About the authors

Johannes Müller is a member of the German Green Party and the Committee on Economic Affairs and Innovation and the Committee on Environment, Climate and Energy.

Kilian Leykam is responsible for Aquila Clean Energy's storage investments in the EMEA region and has been working in the renewable energy sector since 2009. Before joining the Aquila Group in 2020, he was responsible for strategy and business development at Vattenfall Energy Trading.

Lennard Wilkening is co-founder and CEO of Suena, a software-based flexibility trading company that offers optimization and trading services for large-scale energy storage and renewable energies.

Elena Müller works as Founders Associate & Communications Manager at Suena, where she focuses on energy policy, the energy transition and the role of energy storage in the energy transition.

The views and opinions expressed in this article are the author’s own, and do not necessarily reflect those held by pv magazine.

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.

Popular content

How long do residential solar inverters last?
24 July 2024 Multiple factors affect the productive lifespan of a residential solar inverter. In Part 2 of our series, we look at solar inverters.

Germany is investing in hydrogen energy and battery storage to mitigate renewable energy intermittency.

Title:

Content: Zhang Lijian: German experts believe that hydrogen is the way out of green energy
Subscriber
Font Size:
At the beginning of last year, due to the sharp rise in gasoline prices, which attracted anti-government demonstrations in Kazakhstan, and later because of Russia's invasion of Ukraine, the European Union strongly responded, attracting Russia to use natural gas supply as a bargaining chip, leading to a new round of Europe's energy crisis.
At the same time, the world is also facing energy supply constraints due to war, price hikes, China, Japan and Taiwan in recent years have also reported power shortage news.
Germany recently shut down its last nuclear power plant.
Last year, I participated in a 10-day expedition to northern Germany to find the future of green energy and sustainable development, visited wind farms, hydrogen manufacturing plants, six universities and many laboratories in northern Germany, and the biggest harvest was to learn that hydrogen energy can be used in the future.
Europe ’ s current electricity grid is not enough to bring wind power inland from Spain or other coastal continental regions, or worse, to store energy.
Although bioenergy can also be the way out, household kitchen waste and industrial waste can be used to synthesize combustible pellets, but be careful to clean the remaining ash, otherwise it may cause air and water pollution.
Sign up to continue reading the full article!
LIKE Our official Facebook page for more information