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More informationThe four main German transmission system operators (TSOs), namely 50Hertz, Amprion, TenneT and TransnetBW, have published the update for the 2019 German renewable energy surcharge (EEG-Umlage, a levy on power prices to support the expansion of renewable energies). It will stand at €6.405c/kWh, which is 5.7% lower than in 2018. In 2018, the EEG-Umlage stood at €6.792c/kWh, which was 1.3% lower than in 2017 (€6.880c/kWh) due to an increase in the wholesale electricity price.
State-run coal giants Coal India Ltd. (CIL) and NLC India Ltd. (NLCIL, formerly Neyveli Lignite Corporation) have signed a Memorandum of Understanding (MoU) for setting up a 50-50 joint venture (JV) to develop 2 GW of coal-fired and 3 GW of solar PV power generation projects. The proposed solar projects are expected to be completed within 15 months (by early 2020) and thermal projects within 60 months (by late 2023).
According to the International Energy Agency (IEA), modern bioenergy - i.e. liquid biofuels produced from bagasse and other plants, biogas and other technologies, whereas traditional bioenergy refers to wood, animal waste and traditional charcoal burning - is expected to experience the largest growth trend among other renewable energy sources over the 2018-2023 period. It will remain widely used in sectors such as heat and transport, where other renewables can play a much smaller role partly because of weaker policy support and additional barriers to deployment.
The Indian government is confident that the country can achieve a 40% non-fossil fuel share (including a 20% non-hydro renewable share) in its power generation mix by 2030 if it harnesses its vast solar and wind power potential. He revealed the government's plan to add 50 GW of renewable capacity and estimated that solar manufacturing has an investment potential of Rs 70,000-80,000 crore (US$9.5-10.8bn). The installation of 2.8 million solar pumps is estimated to save about 10 GW/year of power.
