Ingmar Schlecht
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ingmarschlecht.de
Ingmar Schlecht
@ingmarschlecht.de
910 followers 450 following 220 posts
Energy economist, electricity markets, net zero

Neon Neue Energieökonomik & ZHAW Winterthur
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ingmarschlecht.de
Consultants to the German economics ministry came to a very similar conclusion. They thus regard the "power to liquids" scenario as a "fringe scenario".
January 19, 2024 at 12:27 PM
ingmarschlecht.de
This is, in my view, a very important point regarding e-fuels.
January 19, 2024 at 12:26 PM
ingmarschlecht.de
"Batteries are often described as resource-intensive.

Let's dive in

With a 95% proven recycling rate and a 10yr life, over 50% of battery minerals mined today will still be in use in 130 years. Add 5% performance improvement per cycle, and they will be delivering services forever"

by M.Liebreich
December 9, 2023 at 2:56 PM
ingmarschlecht.de
Japanese and European power prices are now often in tandem.

That's no surprise, given that the LNG world market prices now influence both markets strongly.
December 9, 2023 at 2:25 PM
ingmarschlecht.de
Hours with negative hourly electricity prices were sky-rocketing in May 2023.

Remember they are just an artefact of ill-designed renewable support policies, but cause real "physical" costs in these hours, such as resource intensive power plant shutdowns.

energy.ec.europa.eu/news/quarter...
December 9, 2023 at 2:21 PM
ingmarschlecht.de
Desirable fuel switch: Given cheaper gas and costly carbon, gas power plants' variable costs below coal in European power markets.

EU Commission's monitoring report: energy.ec.europa.eu/news/quarter...
December 9, 2023 at 2:16 PM
ingmarschlecht.de
Electricity prices in Q2, 2023.

From the EU Commission's new monitoring report.

energy.ec.europa.eu/news/quarter...
December 9, 2023 at 2:09 PM
ingmarschlecht.de
Finally, 15 minute products on electricity day-ahead markets from 2025.

It was increasingly strange that day-ahead full hours were (and still are) traded, while intraday and imbalance settlement is on 15min resolution.
December 9, 2023 at 1:50 PM
ingmarschlecht.de
Offshore wind as real option.

Many are wondering why so many offshore wind developers are pulling out of projects for which they had won government support contracts, citing rising costs. But why didn't they hedge their construction costs?

Here's an explanation.

www.linkedin.com/posts/ingmar...
November 13, 2023 at 7:23 PM
ingmarschlecht.de
Physische Bilanzkreispflicht vs. systemstützende Bilanzkreisbewirtschaftung (aka "Mitregeln durch Marktakteure")

Neue Studie: neon.energy/Neon-Systems...

Online-Vorstellung am Donnerstag 16.11. um 11h: teams.microsoft.com/l/meetup-joi...
November 13, 2023 at 9:52 AM
ingmarschlecht.de
Always impressive to see the cap path of the two ETS'es.

Way to go for Europe.

Good slide deck by Michael Pahle:
www.linkedin.com/posts/michae...
November 10, 2023 at 8:30 PM
ingmarschlecht.de
Philipp Steinberg (BMWK) auf der anderen Plattform zur staatlichen Unterstützung von Siemens Energy.
November 1, 2023 at 2:44 PM
ingmarschlecht.de
Carbon pricing does work: Evidence the EU ETS induced firm-level emission reductions without increasing them elsewhere in the world.
October 31, 2023 at 2:02 PM
ingmarschlecht.de
And importantly, the EMD reform includes provisions to have the continental forward market also transition to a hub based approach, similar to the Nordic SYS price.

This is also part of this week's Council General Approach.
October 20, 2023 at 8:14 AM
ingmarschlecht.de
An die Kunden übermittelt wird dieser hochdynamische Netztarif über eine Web-API.

Apps oder Home-Automation-Systeme können den Netztarif dann dort abrufen.
October 13, 2023 at 7:35 AM
ingmarschlecht.de
Hier noch eine schöne Grafik dazu:

Der Vario-Netztarif von Group-E ist proportional zur vorhergesagten Netzlast. Rechts ist sowohl der Vario-Tarif, als auch zum Vergleich der Doppeltarif dargestellt.
October 13, 2023 at 7:34 AM
ingmarschlecht.de
A kick-off trilogue for the Electricity Market reform could happen as soon as the 19th October, if the Council finds a compromise until 17th October.

See also:
www.euractiv.com/section/elec...
October 10, 2023 at 3:46 PM
ingmarschlecht.de
Ja, der klassische Fall ist natürlich, dass es genau dann, wenn die Preise hoch sind, auch kalt ist, und man selbst dann auch viel heizen muss.

Aus dem Grund schlagen wir vor, die abgesicherte Menge temperaturabhängig zu machen. Aber natürlich gitb es auch die von dir genannten weiteren Fälle.
October 1, 2023 at 5:13 PM
ingmarschlecht.de
Das schöne ist, dass der von uns vorgestellte Tarif auch in Texas-like-Szenarien funktioniert, dort einen massiven Anreiz zum Energiesparen bietet. Sozusagen reich werden durch Energiesparen (und damit fürs Gesamtsystem ggf. das Problem sogar vermeiden helfen).

Siehe diese Grafik:
October 1, 2023 at 5:08 PM
ingmarschlecht.de
Es funktioniert wie Hedging im Großhandel:

Kunden würden bereits im Vorfeld z.B. einen typischen Haushaltsverbrauch einkaufen, stündlich verteilt auf typische Verbrauchsstunden.

Stundenscharfe Abweichungen (+, -) des tatsächlichen Verbrauchs vom vorab Abgesicherten werden zum Spotpreis verrechnet.
October 1, 2023 at 4:49 PM
ingmarschlecht.de
EU electricity market reform

On behalf of the European Parliament (ITRE) and jointly with
Bruegel we have put together what is likely one of the most comprehensive public assessments of the current reform proposals.

www.europarl.europa.eu/RegData/etud...
September 29, 2023 at 8:58 AM
ingmarschlecht.de
Truly spectacular price drops by solar recently.

Doubling the speed of solar deployment is probably the best way to get electricity prices down quickly.

www.pv-magazine.com/2023/09/25/s...
September 25, 2023 at 10:16 PM