Senior Power Correspondent
Vera's Feed
May 18, 2011

Wingas sees interest in German gas-to-power

SALZBURG, Austria (Reuters) – Germany’s emerging new energy future without nuclear has awoken interest from utility companies to build new gas-fired power stations, gas supplier Wingas said on Wednesday.

“We are currently in talks with between five and 10 parties which are interested in building gas-to-power plants about possible long-term gas supplies,” Wingas chairman Gerhard Koenig told Reuters in an interview.

May 18, 2011

Wingas warns of stagnant 2011 gas sales volumes

SALZBURG, Austria, May 18 (Reuters) – Wingas, a German joint
venture between BASF (BASFn.DE: Quote, Profile, Research) and Gazprom (GAZP.MM: Quote, Profile, Research), warned
2011 sales volumes would not be as high as last year’s, when new
customers and the coldest winter since 1969 fuelled demand.

German annual sales growth of 9 percent outdid overall 2010
sales growth by 5 percent and the German gas market as a whole,
where sales increased 4 percent, said Wingas chairman Gerhard
Koenig at a press conference on Wednesday.

May 10, 2011

Most Europe power markets to grow in 2011 -report

FRANKFURT, May 10 (Reuters) – Trading volumes in most
European power markets are set to grow again this year after an
increase of 9 percent across the region in 2010, a report by
research company Prospex said.

Europe’s economic recovery and Germany’s increasingly
anti-nuclear policy have driven prices higher in the region and
forced traders to adjust their positions in Europe’s biggest
single market, Prospex said.

Apr 27, 2011

Analysis: Risky weather crucial after German nuclear move

FRANKFURT/LONDON (Reuters) – Germany will be more reliant on the fickle weather for electricity in May and the fourth quarter as reduced nuclear supply cuts capacity and renewable energy may struggle to fill the gap.

Analysts said they see upwards pressure on power prices as a result.

After Japan’s nuclear crisis in March, Germany closed half of its nuclear capacity temporarily and rowed back on longer life cycles for all nuclear plants.

Apr 1, 2011

RWE challenges Germany over nuclear shutdown

FRANKFURT, April 1 (Reuters) – RWE (RWEG.DE: Quote, Profile, Research, Stock Buzz) emerged the
only German utility spoiling for a legal fight against the
government’s move to shut down the nation’s oldest nuclear power
plants.

RWE, the country’s largest power producer, said on Friday it
had filed a legal complaint against the German state of Hesse,
which ordered a 3-month shutdown of RWE’s Biblis nuclear plant
following the federal government’s about face in nuclear policy.

Mar 31, 2011

German energy rethink seen favoring gas

KASSEL, Germany (Reuters) – Germany’s change of heart on nuclear energy will likely produce power capacity shortfalls that could be filled by natural gas, a board member of supplier Wintershall said on Thursday.

“A number of gas-fired power station projects were put on ice when the government lengthened nuclear life cycles last autumn,” said Gerhard Koenig, in charge of gas trading at the BASF unit that spans oil and gas production through to sales.

Mar 29, 2011

German power sector after Green election success

FRANKFURT/LONDON, March 29 (Reuters) – The elections in the
German state of Baden-Wuerttemberg last Sunday will likely lead
to its first state government to be led by the anti-nuclear
Green Party which scored votes on Japan’s nuclear crisis.

With an annual gross domestic product (GDP) of 344 billion
euros ($483 billion) — comparable to that of Switzerland –
Baden-Wuerttemberg is a major German economic centre.

Mar 28, 2011

German nuclear backlash means more coal power -EU

BERLIN, March 28 (Reuters) – The political backlash against
nuclear power in Germany means power generation will rely more
on coal-fired plants, Europe’s Energy Commissioner said on
Monday.

“There will be more coal power … with consequences for CO2
emissions,” Guenther Oettinger, a former premier of
Baden-Wuerttemberg state where Chancellor Angela Merkel’s
conservatives lost power on Sunday, told Reuters in Berlin.

Mar 17, 2011

German power grid firms unhappy with nuclear move

FRANKFURT, March 17 (Reuters) – Germany’s move to take its
oldest nuclear reactors off line in response to the crisis in
Japan poses problems for high-voltage transmission grids,
leading operators said on Thursday.

The move, involving a step-by-step withdrawal of a few
thousand megawatts (MW) for at least three months, also raised
questions over longer-term planning for the networks, should
policymakers decide on more permanent and sharper cuts to
nuclear capacity, the operators said.

Mar 16, 2011

Japan nuclear fears boost German Greens before vote

BERLIN/FRANKFURT, March 16 (Reuters) – Support for Germany’s
anti-nuclear Greens has grown before crucial state elections,
while Chancellor Angela Merkel faced criticism from the right on
Wednesday for shutting down seven reactors after Japan’s crisis.

Merkel finds herself in a squeeze, with the opposition
demanding a new law to close the seven power stations for good
and the pro-business right insisting she reopen them as soon as
a three-month moratorium expires, if they pass safety tests.

    • 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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