Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

ENBW ENERGIE BADEN-W▄RTTEMBERG AG

(EBK)
  Report
SummaryQuotesChartsNewsCalendarCompanyFinancials 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Energy policy goals of Germany's next government

11/24/2021 | 12:01pm EST

FRANKFURT, Nov 24 (Reuters) - The incoming German coalition government will tighten up and accelerate its climate protection efforts by launching far-reaching reforms to its funding and expanding of renewable energy, the coalition deal showed on Wednesday.

Below are the most specific targets set out in the agreement:

- Germany expects gross electricity production of 680-750 terawatt hours in 2030, with 80% of that to come from renewables energy sources

- Germany pledges to significantly accelerate planning and approval procedures, which have been cited by the sector as a key hurdle to a faster renewables expansion

- Germany plans to expand photovoltaic capacity to around 200 gigawatts (GW) by 2030, from around 60 GW currently, with all suitable roofs to be used for the technology in the future

- 2% of Germany's land area is to be used for onshore wind power

- Targets offshore wind capacity of at least 30 GW by 2030, 40 GW by 2035 and 70 GW by 2045

- Half of Germany's heat supply is to be produced on a carbon neutral basis by 2030

- Targets faster phase out of coal power, ideally by 2030

- Targets 10 GW of electrolyser capacity by 2030 in hydrogen push

- To pay renewables support fee under the EEG scheme from budget, not consumer levies, from Jan. 1, 2023

- To ensure CO2 price won't fall below 60 euros/tonne in the long-term if EU can't agree on mininum price (Reporting by Vera Eckert, Christoph Steitz and Tom Kaeckenhoff, editing by Ed Osmond)


ę Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
E.ON SE 1.60% 12.284 Delayed Quote.-0.80%
ENBW ENERGIE BADEN-WÜRTTEMBERG AG 0.00% 78.2 Delayed Quote.2.89%
RWE AG 2.52% 36.67 Delayed Quote.0.14%
UNIPER SE 0.05% 40.53 Delayed Quote.-3.09%
All news about ENBW ENERGIE BADEN-W▄RTTEMBERG AG
01/18Grid operator Amprion says power supply gaps can be plugged
RE
01/17Scottish wind sale nets nearly $1 billion with Shell, BP among winners
RE
01/17ENBW AND BP ONCE AGAIN SUCCESSFUL IN : Partners plan 2.9-gigawatt ...
PU
01/17BP, EnBW Awarded Lease Option for 2.9-GW Floating Wind Farm Off Scotland
MT
01/17BP, EnBW Secure Offshore Wind Bid in Scotland
DJ
01/17Scottish wind sale nets nearly $1 billion with Shell, BP among winners
RE
01/17BP, EnBW win in Scottish offshore wind lease round
RE
2021SUSTAINABLE PRODUCTION WITH SOLAR PO : Covestro and EnBW sign long-term supply agreement f..
PU
2021ENBW ENERGIE BADEN WÜRTTEMBERG : Factsheet Q2 2021
PU
2021ENBW ENERGIE BADEN WÜRTTEMBERG : German Corporate Governance Code of 16 December 2019
PU
More news
Analyst Recommendations on ENBW ENERGIE BADEN-W▄RTTEMBERG AG
More recommendations
Financials
Sales 2020 19 900 M 22 560 M 22 560 M
Net income 2020 596 M 676 M 676 M
Net Debt 2020 8 770 M 9 942 M 9 942 M
P/E ratio 2020 25,4x
Yield 2020 1,79%
Capitalization 21 181 M 24 039 M 24 013 M
EV / Sales 2019 1,06x
EV / Sales 2020 1,20x
Nbr of Employees 23 527
Free-Float 0,37%
Chart ENBW ENERGIE BADEN-W▄RTTEMBERG AG
Duration : Period :
EnBW Energie Baden-WŘrttemberg AG Technical Analysis Chart | EBK | DE0005220008 | MarketScreener
Technical analysis trends ENBW ENERGIE BADEN-W▄RTTEMBERG AG
Short TermMid-TermLong Term
TrendsBullishNeutralBullish
Income Statement Evolution
Managers and Directors
Frank Mastiaux Chairman-Management Board & CEO
Thomas Andreas Kusterer Chief Financial Officer
Lutz Peter Feldmann Chairman-Supervisory Board
Hans-Josef Zimmer Chief Technical Officer
Bernd-Michael Zinow Member-Supervisory Board
Sector and Competitors
1st jan.Capi. (M$)
ENBW ENERGIE BADEN-WÜRTTEMBERG AG2.89%24 039
NEXTERA ENERGY-11.54%162 053
DUKE ENERGY CORPORATION-2.60%78 604
ENEL S.P.A.-3.34%78 552
SOUTHERN COMPANY-0.36%72 416
IBERDROLA, S.A.-3.98%70 058