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.
News and insights
News: 30 October 2023
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
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
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
The equity capital markets have faced challenging conditions in H1 2022. European markets cooled, the Middle East boomed.