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Search resuls for: "Vera Eckert Tom Sims"


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☆ Even in crisis, Germany extends power exports to neighbours
  + stars: | 2023-01-05 | by ( Vera Eckert Tom Sims | Vera Eckert | Tom Sims | ) www.reuters.com   time to read: +3 min
FRANKFURT, Jan 5 (Reuters) - Germany exported more electricity to its neighbours than it imported in 2022, even with an energy crisis at home, thanks to more more weather-driven renewable power and greater demand from France. The trade figures show that Germany's neighbours remain dependent on surplus power from Europe's biggest economy if their own generation supplies fall short. In detail, German power imports in 2022 totalled 51 TWh, 2.6% down from 2021, while exports rose 7.3% year-on-year to 78.5 TWh, giving a net export surplus. France, Switzerland and Austria increased energy imports from Germany year-on-year, as did the Czech Republic, Belgium and Norway. Volumes originating in Switzerland, Austria, Poland, among others, fell last year.
☆ Energy crisis fuels coal comeback in Germany
  + stars: | 2022-12-16 | by ( Vera Eckert Tom Sims | Vera Eckert | Tom Sims | ) www.reuters.com   time to read: +3 min
FRANKFURT, Dec 16 (Reuters) - Coal has made a comeback in Germany this year, as Europe's largest economy turns to the dirty fuel to power it through an energy crisis. Gas generation rose slightly, despite high prices, as wind and hydro power output were low, and domestic nuclear output also fell in July-Sept. This has increased coal power generation in the European Union, which is expected to remain at these higher levels for some time," the IEA's annual coal market report said. This includes 1.9 GW of lignite and 4.3 GW of hard coal power plants which are allowed to return to the market until 2024, the IEA report said. The decommissioning of 2.6 GW of hard coal power capacity and 1.2 GW of lignite capacity has been postponed.
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