German EEX, grid firms issue more data from Oct 30
FRANKFURT, Oct 28 (Reuters) – German energy exchange EEX and the grid transmission arms of four leading utilities are to release wider and more unified production data from Oct. 30 to raise transparency in the market, the bourse said on Wednesday.
The move expands on voluntary data sets available from EEX since 2007 and merges these with new mandatory reports which grid operators must send to regulators so as to equalise information available to producers, consumers and traders.
“We want to strengthen public trust and that of market participants in the price setting,” said Daniel Wragge, the head of political communication at the Leipzig-based exchange.
“We aim to boost market development and integration,” he told reporters at a presentation in Frankfurt.
EnBW Transportnetze <EBKG.DE>, Vattenfall Europe Transmission [VATN.UL], called transpower, which was formerly E.ON’s <EONGn.DE> transport grid, and Amprion, formerly RWE’s <RWEG.DE> grid arm, have teamed up with consumers to issue data real time to ensure fairer trading conditions for all involved.
In contrast to the already available data, separate websites of E.ON, RWE, and Vattenfall will be merged into the new system, and on top of thermal capacity and hydropower data already available, there will be data on wind and solar power.
The market will be allowed a two-month transition period when both platforms will stay in place, EEX said.
German nuclear deal talks seen headed for long haul
FRANKFURT, Oct 2 (Reuters) – A policy shift on nuclear energy looks further away under Germany’s new centre-right coalition than originally thought, say experts who are dampening the industry’s hopes for a quick reversal of the phaseout of atomic power.
Chancellor Angela Merkel’s conservatives and the pro-business Free Democrats (FDP), who start coalition talks on Monday, back changing Germany’s exit law to let some plants operate beyond the time earmarked for closure.
But some experts questioned the resolve of the parties to push through radical steps, especially in the face of public opinion which is still against nuclear, and powerful lobby groups, who are bracing to mobilise their supporters.
“It was clear it would be hard to come to a new consensus and it would take time. There will be opposition,” said Claudia Kemfert of the DIW economic research institute in Berlin.
Utility shares rose sharply early this week as conservative politicians said they wanted to stick to pre-election programmes to help nuclear remain a “bridging technology” until renewables, which are not yet commercially fit, can play a greater role.
But on Friday, RWE <RWEG.DE> shares traded 4.5 percent below Tuesday highs and E.ON <EONGn.DE> was 5.9 percent off this week’s peak, showing early forecasts for billions of euros of extra earnings, if shared with the state, were perhaps overdone.
“A lot of value will be placed on the plants being safe and that existing controversial views of nuclear will have to be weighted accordingly,” said Sal. Oppenheim analyst Matthias Heck in reference to the energy part of the coalition talks.
German poll gives mandate to delay nuclear phaseout
FRANKFURT, Sept 28 (Reuters) – German Chancellor Angela Merkel’s majority for a new centre-right government means she can rewrite a national nuclear phaseout deal by allowing reactors to run longer than laid down by her predecessors.
Nuclear operators’ shares rose on Monday, the day after the election, while carbon prices crept higher and power fell with oil, as Merkel’s conservatives and the pro-business Free Democrats (FDP) aimed for a quick coalition.
The election outcome may be a precursor for more nuclear projects in other European countries and a contributor to lower carbon emissions in Europe, but is no carte blanche for new reactors on German soil, which the public still opposes.
“We need nuclear energy as a bridging technology to keep power prices stable and to comply with our climate protection goals,” Katherina Reiche, a senior conservative lawmaker working on reactor safety and the environment, told ARD television.
“We intend to work towards a lengthening of the plants’ running times,” she said, confirming pre-election plans.
Shares in nuclear operator E.ON <EONGn.DE> were up 3.7 percent and those in rival RWE <RWEG.DE> rose 3.1 percent, making them top gainers in the blue-chip DAX <.GDAXI>.
The gains could have been bigger, were it not for potentially hefty conditions the government might place on permission to operate the profitable reactors for years longer, said Stephan Wulf, analyst at Sal. Oppenheim bank.
Germany gets mandate to extend nuclear life cycles
FRANKFURT, Sept 28 (Reuters) – German Chancellor Angela Merkel’s majority for a new centre-right government means she can rewrite a national nuclear phaseout deal by allowing reactors to run longer than laid down by her predecessors.
Nuclear operators’ shares rose on Monday, the day after the election, while carbon prices crept higher and power fell with oil, as Merkel’s conservatives and the pro-business Free Democrats (FDP) aimed for a quick coalition.
The election outcome may be a precursor for more nuclear projects in other European countries and a contributor to lower carbon emissions in Europe, but is no carte blanche for new reactors on German soil, which the public still opposes.
“We need nuclear energy as a bridging technology to keep power prices stable and to comply with our climate protection goals,” Katherina Reiche, a senior conservative lawmaker working on reactor safety and the environment, told ARD television.
“We intend to work towards a lengthening of the plants’ running times,” she said, confirming pre-election plans.
Shares in nuclear operator E.ON <EONGn.DE> were up 3.7 percent and those in rival RWE <RWEG.DE> rose 3.1 percent, making them top gainers in the blue-chip DAX <.GDAXI>.
The gains could have been higher, were it not for potentially hefty conditions the government might place on permission to operate the profitable reactors for years longer, said Stephan Wulf, analyst at Sal. Oppenheim bank.

