Andreas Lochner

(Montel) German authorities permitted a record 20.8 GW of onshore wind capacity in 2025, a 48% increase from the previous year, which was also a record, according to the Wind and Solar Energy Agency.

(Montel) Dry conditions with below normal snow coverage in the Alps will lead to weaker hydropower generation in the second quarter of this year, Montel EQ analyst Eylert Ellefsen said on Monday.

(Montel) Germany and the UK have signed a bilateral North Sea cooperation agreement to foster the development of offshore hybrid assets, ministers said on Monday.

(Montel) Germany's economy ministry plans to cancel all offshore wind auctions in 2026, after failing to attract sufficient bids last year, a ministry spokesperson confirmed to Montel.

(Montel) Germany should invest in foreign LNG projects by forming joint ventures with utilities to bring down gas purchase costs and increase supply security, the country's gas and hydrogen lobby group said on Tuesday.

(Montel) Germany's THE gas trading hub has a relaxed view regarding the rest of this winter in terms of supply even though storage levels are at record lows, the company's managing director Torsten Frank told Montel.

(Montel) The US blockade of Iranian ports in the Strait of Hormuz added another “layer of less liquidity in the [energy] market”, said Patrick Pouyanne, CEO of French energy major TotalEnergies, AFP reported.

(Montel) A forecast solar surge due to sunny weather across Europe this bank holiday weekend may trigger a downward adjustment of the spot power

(Montel) Day-ahead power prices fell to record lows of EUR -500/MWh in Europe on Thursday, hitting the price floor, as high solar generation is expected to meet low demand on the bank holiday tomorrow.

(Montel) Summer power prices in France reached record highs on Thursday, while Germany's hit their highest levels since March, as the European heatwave spurred fears of outages due to a lack of water in the months to come.