Senior Power Correspondent
Vera's Feed
Jun 5, 2015

E.ON sees more potential for gas-fuelled vehicles

PARIS, June 5 (Reuters) – German utility E.ON
wants to see more gas-fuelled vehicles on the roads, to help
offset falling demand for the fuel and reduce harmful emissions,
and urged the German government to offer tax incentives.

Christopher Delbrueck, chief executive of the E.ON Global
Commodities (EGC) unit, also pointed out that gas-powered
vehicles are cheaper to run than diesel vehicles.

May 13, 2015

New border power flows to shake up West Europe’s prices

FRANKFURT, May 13 (Reuters) – New ways of handling cross
border electricity flows are set to shake up the prices West
European utilities and grids pay in power markets from May 20,
with Germany facing a possible 4 percent rise.

Wholesale prices could fall by 1, 5 and 10 percent in
France, the Netherlands and Belgium respectively as prices
across the region converge, Thomson Reuters Point Carbon
analysis shows.

Apr 17, 2015

Renewable energy surge revives Europe’s power trade

FRANKFURT/LONDON (Reuters) – The rise of renewable energy is delivering a boost to Europe’s declining power market as traders get busy in short term deals to juggle unpredictable supplies of wind and solar.

Exchanges show more trade as suppliers buy and sell power closer to when demand will appear, to meet their delivery obligations, because electricity cannot be stored effectively. New players are also attracted by lower capital requirements and risks.

Apr 17, 2015

Renewable energy surge revives Europe’s power trade

FRANKFURT/LONDON, April 17 (Reuters) – The rise of renewable
energy is delivering a boost to Europe’s declining power market
as traders get busy in short term deals to juggle unpredictable
supplies of wind and solar.

Exchanges show more trade as suppliers buy and sell power
closer to when demand will appear, to meet their delivery
obligations, because electricity cannot be stored effectively.
New players are also attracted by lower capital requirements and
risks.

Mar 20, 2015

European power grids keep lights on though solar eclipse

FRANKFURT, March 20 (Reuters) – Electrical grids in Europe
claimed success on Friday in managing the unprecedented
disruption to solar power from a 2-1/2-hour eclipse that brought
sudden, massive drops in supply.

Germany, Europe’s biggest economy, at the heart of the
event, boasts the world’s biggest solar-powered installations,
which last year supplied 6 percent of national power
requirements.

Mar 20, 2015

German power grids braced for solar eclipse

FRANKFURT (Reuters) – German electrical grids were bracing for an unprecedented task early on Friday ahead of a 2-1/2-hour solar eclipse that will bring sudden, massive drops and additions in solar power supply at the start and end of the event.

Germany, Europe’s biggest economy, boasts the world’s biggest solar-powered installations, which last year supplied 6 percent of national power requirements.

Mar 13, 2015

TenneT to spend 20 bln euros on new power grids by 2025

AMSTERDAM/FRANKFURT, March 13 (Reuters) – TenneT, the
operator of power grids in the Netherlands and Germany, posted a
17 percent rise in profit last year and said it would spend 20
billion euros ($21.2 billion) on new infrastructure over the
next decade.

The Dutch state-owned company said on Friday it intends to
invest an average of 2 billion euros a year through to 2025 and
that Germany will get the lion’s share of the spending on new
electricity grid infrastructure.

Mar 9, 2015

European energy firms seek to escape tougher regulation

FRANKFURT/LONDON, March 9 (Reuters) – European power and gas
traders fear that a raft of new regulations thought up after the
credit crisis and gradually applying to their sector could raise
compliance costs and hamper liquidity by putting off new
entrants into the market.

Their concerns focus on the future definition of forward
contracts and of traders’ hedging activities, as well as risk
and equity capital requirements under the Markets in Financial
Instruments Directive (MiFID) and other incoming regulation.

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.

    • 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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