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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News: 30 October 2023
Allen & Overy advises the Aloys Wobben Foundation on its sale of QUADRA energy to TotalEnergies
Allen & Overy has advised the Aloys Wobben Foundation (Aloys Wobben Stiftung; AWS) on its sale of the 100% green energy provider QUADRA energy to TotalEnergies.
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…
Publications: 29 March 2023
Wind of Change: The challenges presented by end-of-life wind farms
In recent years, both European and German legislators have been promoting the expansion of renewable energy both by creating a favourable legal environment and by facilitating public funding of…
Publications: 28 July 2022
Equity capital markets in 2022: Europe cools, the Middle East heats up. What next?
The equity capital markets have faced challenging conditions in H1 2022. European markets cooled, the Middle East boomed.