Senior Power Correspondent
Vera's Feed
Feb 11, 2015

EEX sees growth in Italian gas and power trading

ESSEN, Germany, Feb 11 (Reuters) – The European Energy
Exchange (EEX) expects Italy’s energy trading market to flourish
and plans to launch gas contracts there as more companies shift
from bi-lateral supply deals to market alternatives, its chief
executive said on Wednesday.

EEX, continental Europe’s biggest energy bourse, launched
Italian electricity contracts last April to compete with those
offered by Borsa Italiana.

Feb 10, 2015

EEX to launch wind power futures as renewables output grows

ESSEN, Germany, Feb 10 (Reuters) – The European Energy
Bourse EEX plans to introduce wind power futures contracts,
allowing clients to speculate on prices in an increasingly
important area of the energy market.

Speaking at an industry fair on Tuesday, executives from
continental Europe’s biggest power exchange said the contracts
would be an entirely new set of products in a market that is
developing rapidly as Germany seeks to move to an energy system
relying on carbon-free technologies.

Jan 21, 2015

TenneT warns power line delays could hamper Germany’s energy transition

BERLIN, Jan 21 (Reuters) – Political infighting risks
delaying beyond a 2022 deadline the construction of high-voltage
power lines that are a core element of Germany’s transition away
from nuclear power, grid firm TenneT TSO GmbH said.

The firm, part of the Dutch TenneT group, applied to
regulators in December to build the SuedLink line.

Jan 19, 2015

Public may share costs of Germany’s nuclear afterlife

FRANKFURT, Jan 19 (Reuters) – Germany’s biggest utilities
have set aside tens of billions of euros to fund the country’s
exit from nuclear power from 2022, when the last reactor leaves
the grid and the clear-up begins.

But as an energy crisis puts the value of the assets
underpinning those provisions at risk, concerns are growing that
taxpayers may end up footing part of the bill, undermining an
ambitious shift to renewable power on which Chancellor Angela
Merkel has staked a hefty chunk of political capital.

Nov 14, 2014

German green power capacity seen rising 23 pct by 2019

FRANKFURT, Nov 14 (Reuters) – Germany’s renewable energy
power capacity is set to rise by 23 percent between 2015 and
2019, while related costs rise by over a fifth, data from its
transmission grid firms showed on Friday.

The annually released data showed progress in the planned
move to a low-carbon economy but also illustrated the cost to
society in the debate over the future of green power subsidies.

Nov 12, 2014

Trading of coal financial instruments in Europe to soar – Prospex

FRANKFURT, Nov 12 (Reuters) – Trading of coal via financial
instruments in Europe is likely to jump 30 percent to 3,800
tonnes this year, boosted by demand from producers, commodity
traders and hedge funds, according to a report by energy
research company Prospex.

Prospex said low prices and volatility had encouraged
traders and power producers to trade bigger positions, more
often, in pursuit of profitability, while improvements in
clearing trades had made the process easier and less risky.

Oct 17, 2014

German industry earns cash from green energy upheaval

FRANKFURT (Reuters) – German industry is learning how to profit from the upheaval and costs of the country’s shift towards solar and wind energy.

Greater reliance on renewables in Europe’s biggest power market is making the peaks and troughs of electricity production bigger and less predictable, as the wind picks up or drops and the sun shines or disappears behind the clouds.

Oct 17, 2014

Analysis – German industry earns cash from green energy upheaval

FRANKFURT (Reuters) – German industry is learning how to profit from the upheaval and costs of the country’s shift towards solar and wind energy.

Greater reliance on renewables in Europe’s biggest power market is making the peaks and troughs of electricity production bigger and less predictable, as the wind picks up or drops and the sun shines or disappears behind the clouds.

Oct 13, 2014

E.ON wants deep EU emissions cuts, early carbon trade reform

DUSSELDORF (Reuters) – The head of Germany’s biggest utility, E.ON (EONGn.DE: Quote, Profile, Research, Stock Buzz), said on Monday an EU package of 2030 targets for tackling climate change looks likely to bring deep carbon emissions cuts and early reforms to the bloc’s Emissions Trading System.

Leaders of the 28 EU countries meet on Oct. 23-24 to agree on a package of 2030 targets for emissions cuts, the deployment of renewable energy and the improvement of energy efficiency, as the bloc prepares for a 200-nation summit in Paris next year to strike a new U.N. deal on tackling climate change.

Oct 1, 2014

Russia gas duel deepens with Slovakia supply cut

PRAGUE/BERLIN, Oct 1 (Reuters) – The cat and mouse game
between Europe and Russia on gas intensified on Wednesday with
Slovakia saying its supply from Russia was down by a half and
its prime minister calling the move part of a political fight.

Since September, Russia’s state-controlled Gazprom
has sent less-than-requested deliveries to Poland, Slovakia,
Austria and Hungary – after the European Union began sending gas
to Ukraine – in a clear warning from Moscow ahead of the winter
heating season which officially starts today, when the industry
switches to higher pricing.

    • About Vera

      "I report on German power and gas markets in liaison with a team of other specialists in European bureaus. I am based in Frankfurt and previously covered commodities out of Hamburg and London. My aim is to identify market and industry trends and to produce high quality copy which is accessible to expert subscribers as well as to energy and business audiences, and to help shape our energy products."
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