The French-German Office for Renewable Energies (DFBEE / OFAEnR), in cooperation with the European Power Exchange EPEX SPOT, has issued a background paper on direct marketing of renewable energy sources (RES). The paper analyzes market-based support schemes of renewable energy in France and Germany. It is available in German and in French .
The support scheme via direct marketing in Germany exists since the amendment of the EEG Law (“Erneuerbare Energien Gesetz”) in 2012 and is a central element of the 2014 EEG amendment. It is also one of the key elements of the French energy transition act which will be discussed in the Senate from February on.
In parallel to this development of RES, the European energy sector undergoes a fundamental transformation, with the ongoing liberalization of national power markets and the creation of an internal energy market. Against this background, EPEX SPOT discusses the following topics, amongst other things:
• With increasing intermittent production from RES, power markets in Europe are in need for flexibility. As a result, Intraday trading volumes have multiplied tenfold in the past five years.
• Direct marketing improves the market integration of RES. It delivers an incentive for an optimized production forecast and for load-based injection, being beneficial for the system.
• Market coupling in Europe smoothens prices and stabilizes costs.
On 29 January, the German-French Office for Renewable Energies organizes a conference on the “Development of support schemes and market integration of renewable energy sources in France and Germany” (program available in German and in French ). It will take place in Berlin in the Federal Ministry for Economic Affairs and Energy. EPEX SPOT will speak about the role of the Exchange for market integration of renewables.
The European Power Exchange EPEX SPOT SE operates the power spot markets for Germany, France, Austria and Switzerland (Day-Ahead and Intraday). Together these countries account for more than one third of the European power consumption. EPEX SPOT also acts as market operating service provider for the Hungarian Power Exchange HUPX and operates the coupling between the Czech, the Slovak, the Hungarian and the Romanian markets on behalf of the local Exchanges. It is a European company (Societas Europaea) based in Paris with branches in Leipzig, Bern and Vienna. Over 220 companies from Europe are active on EPEX SPOT. 382 TWh have been traded on EPEX SPOT’s markets in 2014.
Since its creation in 2006 by the governments of Germany and France, the French-German Office for Renewable Energies (DFBEE / OFAEnR) has continuously developed in order to facilitate the exchange of information and proven methods between its members and to build bridges between the stakeholders from industry and politics of both countries. Today, the Office focuses on the RES with all their potential – wind, solar and biogas – as well as on many topics close to the energy transition such as electricity grids, energy storage, security of supply and RES market integration. The work of the DFBEE / OFAEnR is supported by companies, industry associations and the governments of both countries. The offices in Berlin and Paris are integrated in the Bundesministerium für Wirtschaft und Energie and the Ministère de l'Écologie, du Développement durable et de l'Énergie which facilitates a close connection with political stakeholders.
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French-German Office For Renewable Energies And EPEX Spot Issue Joint Paper On Direct Marketing Of Renewable Energy - An Analysis Of Market-Based Support Schemes In France And Germany
Date 20/01/2015