Power
Paradigm shift with foresight
German Renewable Energy Law (EEG) has ambitious targets for the amount of renewable energies that will supply the country’s electricity. However, conventional power plants remain essential to a secure supply and to meeting maximum demand.
Since renewables have a feed-in priority, it is inevitable there will be over capacity and shortcomings in generation. The current debate within the power sector is determined by discussions on new capacity mechanisms, development of the market design for electricity pricing and developments in extended transmission and storage capacities.
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Publications: 27 March 2024
Hydrogen update Germany - new regulatory and market developments
Exciting times for hydrogen market participants in Germany – in the last months, a variety of new regulatory instruments and policy initiatives have been announced which will boost the ramp-up of the…
News: 20 February 2024
Allen & Overy advises Uniper on sale of Hungarian gas fired power plant Gönyű to Veolia
Allen & Overy is advising the international energy company Uniper SE, Düsseldorf ("Uniper") on its sale of 100% of shares in its subsidiary Uniper Hungary Energetikai Kft. ("Uniper Hungary").
News: 01 February 2024
Allen & Overy strengthens German arbitration practice with new counsel hire
Allen & Overy is growing its German arbitration group with the addition of arbitration expert Dr Tino Schneider, who will join the firm as counsel on 1 February 2024. Tino has extensive experience in…
Publications: 09 May 2023
Germany to tighten energy efficiency requirements for buildings, companies and data centres
In April 2023, the German government proposed new legislation that aims to significantly increase energy efficiency requirements for buildings, companies and data centres. The government’s proposals…