Germany Power Report Q2 2014

Business Monitor International
March 26, 2014
102 Pages - SKU: BMI5221987
Countries covered: Germany

Germany Power Report Q2 2014

BMI View: We have long believed Germany's Renewable Energy Source Act (EEG) will almost certainly bereformed and this is now set to occur following the signing of a grand coalition agreement between AngelaMerkel's Christian Democratic Union (CDU-CSU) and the Social Democratic Party (SPD) in December2013. With SPD Chairman Sigmar Gabriel now installed at the head of a new 'super' ministry that willenable him to oversee economic affairs and energy policy, the revision of the EEG is a priority duringGermany's current legislative term - with effective reform critical to cutting the huge cost of Germany'sambitious Energiewende (Energy Transformation). Yet, while reform is necessary to stop spiking electricityprices from curbing Germany's industrial competitiveness, we emphasise that Gabriel has a difficult jobahead of him, as he tries to constrain costs of moving from nuclear to renewable, avoid seriously damagethe competitiveness of German industry, while at the same time ensuring the Energiewende is a long-termsuccess.

On December 15 2013, members of Germany's Social Democratic Party (SPD) voted overwhelmingly infavour of forming a government with the Christian Democrats (CDU-CSU), ending three months ofnegotiations. With the parties having now formed a grand coalition government and adopted a coalitionagreement, the reform of Germany's EEG is now one of the most important tasks facing the coalition. WithSPD Chairman Sigmar Gabriel installed at the head of the revamped Federal Ministry for Economic Affairsand Energy (BMWi), the revision of the EEG is a priority during Germany's current legislative term - witheffective reform critical to cutting the huge cost of Germany's ambitious Energiewende (EnergyTransformation). The debate has crystallised around the way in which the country phases out nuclearcapacity and transitions to generating electricity using a greater share of renewable sources - withoutspiking domestic electricity prices and damaging the economic competitiveness of its major industries.



More Electricity reports by Business Monitor International

Spain Power Report Q4 2014 by Business Monitor International
Spain Power Report Q4 2014BMI View: Spain's electricity market is struggling in the face of a new regulatory environment and asluggish economy. Keen to cut ...
South Africa Power Report Q4 2014 by Business Monitor International
South Africa Power Report Q4 2014BMI View: Our fundamental assumptions remain relevant and therefore our short- and long-term forecastsremain mostly unchanged this quarter. Eskom continues ...
Saudi Arabia Power Report Q4 2014 by Business Monitor International
Saudi Arabia Power Report Q4 2014BMI View: We have maintained our outlook for Saudi Arabia this quarter and we expect the kingdom'spower sector to register ...
Qatar Power Report Q4 2014 by Business Monitor International
Qatar Power Report Q4 2014BMI View: The Qatari power sector is set for strong growth over the coming decade as the governmentcontinues to spend heavily ...
See all reports like this >>

More Germany Electricity reports

Renewables Report - Germany Q4 2014 by Business Monitor International
Renewables Report - Germany Q4 2014BMI View: Germany's renewables expansion, although hugely successful in terms of growth, has hadmajor implications on the country's power sector ...
Power Report - Germany Q4 2014 by Business Monitor International
Power Report - Germany Q4 2014BMI View: Reform of Germany's EEG has proceeded relatively smoothly and is likely to slow the pace andcost of the ...
Electrical Transformer Market in Germany to 2018 : Market Size, Trends, and Forecasts by Global Research & Data Services
Electrical Transformer Market in Germany to 2018 - Market Size, Trends, and ForecastsThis industry report offers the most up-to-date market data on the actual market ...
Power Generation : Germany by MarketLine
Power Generation in GermanyIntroductionPower Generation in Germany industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2009-13, and forecast ...
See all reports like this >>

 

SELECT A LICENSE

    Report with 3 quarterly updates  USD 1,295  
    Report with 3 quarterly updates
3 User License
  USD 1,945  
    Report with 3 quarterly updates
5 User License
  USD 2,500  
    Report with 3 quarterly updates
Departmental/Site License
  USD 2,995  
    Global Site License Fulfilled by Publisher  USD 6,995  
 
US: 800.298.5699
Int'l: +1.240.747.3093
 

Share this report


    Other tasks

     
     
    Join Alert Me now!
    Receive bi-weekly email alerts on new market research

    Sign up today!