German

Energy Storage Battery

Mobile Battery Storage Demonstrates Potential in German Pilot

East German energy service provider E.DIS has wrapped up its study on the influence of mobile battery energy storage on the distribution grid.

Natural Gas

Germany Likely to Miss Gas Storage Targets, Warns Energy Regulator

Germany is likely to miss a November target for gas storage levels set by the government to avoid an energy crisis.

Natural Gas

Germany Will Have Less Than 3 Months of Gas if Russia Halts Supply

Germany's energy regulator: Germany will only have enough natural gas to cover two and a half months of consumption this winter if Russia completely suspends de…

Natural Gas

Uniper Records $12BN Loss in First Half of 2022 Due to Gas Crisis

Uniper has reported a significant net loss in the first half of 2022 due in large part to the underperformance of its gas business.

Natural Gas

Pummelled by Gas Crisis, Germany’s Uniper Posts $12.5 Bln Net Loss

German utility Uniper, the most high-profile victim of Europe's energy crisis so far, reported a net loss of 12.3 billion euros ($12.5 billion) for the first ha…

Natural Gas

Europe Says ‘No’ to VAT Exemption on German Gas Levy

All German consumers will face a new tax which is hoped to mitigate the rising cost of gas imports.

Germany

Europe’s Power Prices Surge to New Record

Year-ahead electricity prices continue to soar in Europe, with German power prices, the European benchmark, jumping to over $508 (500 euro) per megawatt-hour on…

Hydrogen Project

Canada and Germany Set to Ink New Hydrogen Deal

This new project would be the first of its kind in Canada

Crude Oil

More U.S. Sour Crude Heads to Germany to Replace Russia Oil

A second shipment of crude from a U.S. Gulf of Mexico offshore field has sailed for Germany, according to vessel tracking data and trade sources on Tuesday, as …

Wind Power Project

Nordex Receives Orders for 100 MW of Wind Power From Germany in July

Nordex will supply 19 wind turbines for various customers, including projects in Baden-Württemberg, North Rhine-Westphalia and Mecklenburg-Western Pomerania.

Natural Gas

German Energy Market Would Collapse Without Gas Levy - Habeck

Germany had to introduce its new levy to help utilities cover the cost of replacing Russian supplies or else its energy market would collapse, Economy Minister …

Norway

Norway Is Right to Preserve Hydropower Water Supply -German Chancellor

Norway is right to preserve water in its hydroelectric dams in order to secure the country's power supply, German Chancellor Olaf Scholz said while on a visit t…

Natural Gas

Germany Hits 75% Gas in Storage Goal Ahead of Schedule

Germany reached in the middle of August its target to have its natural gas storage 75% full, two weeks ahead of plans, data from Gas Infrastructure Europe showe…

Natural Gas

Heatwave Sends European Gas Prices Higher

Europe’s benchmark gas prices at the Dutch TTF hub increased by 2% to $215.50 per MWh on Monday.

Natural Gas

German Households Will Foot the Bill for New Gas Tax

A new natural gas tax designed to keep importers afloat amid an energy crisis prompted by the war in Ukraine is set to cost German families, who will have to fo…