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1 week ago | 
financialpost.com | Eva Brendel
Article content(Bloomberg) — The spread between power prices in Europe’s two biggest electricity markets climbed to the highest so far this year amid scant wind generation in Germany. Sign In or Create an AccountArticle contentWe apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Article contentGerman day-ahead power for Thursday rose 4.3%, pushing the premium over its French counterpart to the widest since December.
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1 week ago | 
bloomberg.com | Eva Brendel
Wind turbines in Brandenburg, Germany. (Bloomberg) -- The spread between power prices in Europe’s two biggest electricity markets climbed to the highest so far this year amid scant wind generation in Germany. German day-ahead power for Thursday rose 4.3%, pushing the premium over its French counterpart to the widest since December.
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1 week ago | 
bloomberglinea.com | Eva Brendel |Alex Kraus
Bloomberg — La eléctrica alemana Uniper SE confirmó una pérdida en el primer trimestre tras la caída de los precios de la energía desde principios de año. Uniper informó de una pérdida en los beneficios ajustados antes de intereses, impuestos, depreciación y amortización de 139 millones de euros (US$157 millones) en el primer trimestre, frente al beneficio de 885 millones de euros de un año antes.
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1 week ago | 
bloomberg.com | Eva Brendel
(Bloomberg) -- German utility Uniper SE confirmed a first-quarter loss after a drop in energy prices since the start of the year. Uniper reported a loss in adjusted earnings before interest, taxes, depreciation and amortization of €139 million ($157 million) in the first quarter, compared with profit of €885 million a year earlier. That reflects reduced earnings on hedging transactions from fossil fuel trading “due to the general decline in price levels,” the company said.
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1 week ago | 
bloomberg.com | Eva Brendel
A petroleum and natural gas storage facility and terminal near Wilhelmshaven, Germany. (Bloomberg) -- Germany’s new lower gas storage targets will come into force on Tuesday as the country aims to ease pressure on fuel stockpiling efforts. After supply concerns led to sharp price distortions earlier this year, Germany last week outlined new goals for refilling storage sites. The ministerial ordinance will take effect Tuesday after being published in the Federal Law Gazette on Monday.
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1 week ago | 
financialpost.com | Eva Brendel |Rodrigo Orihuela
Advertisement 1Military airspace restrictions are holding up wind-power projects, highlighting the challenges for Germany’s energy and defense plans. Article content(Bloomberg) — Nestled along the banks of the Neckar River in southwest Germany, the bucolic university town of Tübingen is known for its association with poets and philosophers such as Georg Wilhelm Friedrich Hegel, but it’s now in the midst of a conflict that pits defense interests against energy security.
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1 week ago | 
bloomberg.com | Eva Brendel |Rodrigo Orihuela
Die beschauliche Universitätsstadt Tübingen, idyllisch am Neckar im Südwesten Deutschlands gelegen und für ihre Bezüge zu Dichtern und Philosophen bekannt, befindet sich inmitten eines Konflikts, bei dem Verteidigungsinteressen auf Energiesicherheit treffen. Tübingen liegt unweit der Grenzen zu Frankreich und der Schweiz und damit weit weg von allen Konfliktzonen. Dennoch musste die 90.000-Einwohner-Stadt auf den Bau von drei Windkraftanlagen verzichten.
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1 week ago | 
bloomberg.com | Eva Brendel |Rodrigo Orihuela
Undeveloped land remains on a proposed site for wind turbines that was canceled due to military restrictions, next to a solar park in Tübingen, Germany. (Bloomberg) -- Nestled along the banks of the Neckar River in southwest Germany, the bucolic university town of Tübingen is known for its association with poets and philosophers such as Georg Wilhelm Friedrich Hegel, but it’s now in the midst of a conflict that pits defense interests against energy security.
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2 weeks ago | 
financialpost.com | Eva Brendel
Skip to ContentAdvertisement 1Germany will halve targets for how much gas has to be stockpiled by Nov. 1 to 45% for certain types of storage facilities — including the country’s largest in Rehden. Article content(Bloomberg) — Germany will halve targets for how much gas has to be stockpiled by Nov. 1 to 45% for certain types of storage facilities — including the country’s largest in Rehden. Sign In or Create an AccountArticle contentWe apologize, but this video has failed to load.
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2 weeks ago | 
bloomberg.com | Eva Brendel
Pipework at the natural gas storage facility in Rehden. (Bloomberg) -- Germany will lower legally-binding gas storage targets by as much as half as it seeks to ease pressure on stockpiling ahead of the next heating season. Cavern storage facilities — which are faster and more responsive to supply shortages — will have to be 80% full by Nov. 1, down from a previous target of 90%, according to an economy ministry press release.
