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McKinsey: EVs Unlikely to Create Power Demand Crisis But Will Reshape Load Curve

Date: 17.08.2018 Author: Tanja Srnovršnik Volarič
McKinsey: EVs Unlikely to Create Power Demand Crisis But Will Reshape Load CurvePhoto: Andreja Šalamun

The projected growth in e-mobility will not drive substantial increases in total electrical grid power demand in the near to midterm, thus limiting the need for new electricity generation capacity

IGU: Gas on Gas Competition Rose to 70% in Europe in 2017

Date: 15.08.2018 Author: Tanja Srnovršnik Volarič
IGU: Gas on Gas Competition Rose to 70% in Europe in 2017Photo: ACER

The share of gas on gas competition rose again last year by one percentage point to 46% of total world consumption (3,740 bcm), according to the International Gas Union’s (IGU) 2018 Wholesale Gas

German RWE’s Lignite and Nuclear Unit Hit By Lower Realised Power Prices

Date: 15.08.2018 Author: Tanja Srnovršnik Volarič
German RWE’s Lignite and Nuclear Unit Hit By Lower Realised Power PricesPhoto: Roman Peklaj

The lignite and nuclear segment of the German power utility RWE took a large hit in the first half of 2018, mainly due to the lower prices it received on volumes it had hedged well in advance. The

IEA Revises Up 2019 Oil Demand Growth But Warns of Risks

Date: 14.08.2018 Author: Tanja Srnovršnik Volarič
IEA Revises Up 2019 Oil Demand Growth But Warns of RisksPhoto: Victor Habbick via FreeDigitalPhotos

The International Energy Agency (IEA) has revised up its 2019 oil demand growth outlook by 100,000 barrels of oil per day to 1.5 million barrels per day, partly due to the downward move of the forward

Hungarian HUPX Day-ahead Volumes Exceed OPCOM Volumes in July

Date: 10.08.2018 Author: Tanja Srnovršnik Volarič
Hungarian HUPX Day-ahead Volumes Exceed OPCOM Volumes in JulyPhoto: ACER

A record total volume of 1,759,831.9 MWh was traded on the day-ahead market of the Hungarian power exchange HUPX in July 2018, up 19.75% compared to the previous month and up 17.55% compared to July

GEN-I: End of Power Futures Prices as Low as in 2016

Date: 09.08.2018 Author: Tanja Srnovršnik Volarič
GEN-I: End of Power Futures Prices as Low as in 2016Photo: ACER

The prices of electricity on European futures exchanges, where purchase prices are also established for the Slovenian market, have been constantly growing for the last two years, Sebastijan Roudi,

European Utilities Most Active Investors in Startups

Date: 09.08.2018 Author: Tanja Srnovršnik Volarič
European Utilities Most Active Investors in StartupsPhoto: Roman Peklaj

In the three years to 2017, leading U.S. and European utilities made 106 venture capital investments in startups, and 80% of these deals were related to decentralised energy services. Europe is very

JRC: 160,000 Jobs Could Be Lost in the Transition from Coal

Date: 08.08.2018 Author: Peter Palčec
JRC: 160,000 Jobs Could Be Lost in the Transition from CoalPhoto: Pozitivna Slovenija

A study titled ‘EU coal regions: opportunities and challenges’, published by the Joint Research Centre (JRC), which is the European Commission's science and knowledge service, stated that 160,000

ČEZ Hedges 77% of 2019 Output at 32.8 EUR/MWh

Date: 08.08.2018 Author: Tanja Srnovršnik Volarič
ČEZ Hedges 77% of 2019 Output at 32.8 EUR/MWhPhoto: © European Communities, 2009

The Czech power utility ČEZ hedged 77% of its 2019 power generation at 32.8 EUR/MWh by 31 July 2018, the company announced on Tuesday when posting its financial results for the first half of 2018.

EU Nuclear Reactors Shut Down Due to Heat; No Issues at Slovenia’s Krško NPP

Date: 07.08.2018 Author: Tanja Srnovršnik Volarič
EU Nuclear Reactors Shut Down Due to Heat; No Issues at Slovenia’s Krško NPPPhoto: NEK

The French energy company EDF has shut down several of its nuclear reactors due to heat, as the temperature of the river water used to cool the reactors is too high. Meanwhile, as the Slovenian energy

Slovenian TSO: Power Adequacy Problems Are Not Expected; Prices on Exchanges Up

Date: 07.08.2018 Author: Tanja Srnovršnik Volarič
Slovenian TSO: Power Adequacy Problems Are Not Expected; Prices on Exchanges UpPhoto: Roman Peklaj

The Slovenian electricity TSO, ELES, does not expect any problems related to the adequacy of electricity either in the wider region or in Slovenia, the TSO told Energetika.NET. ELES has, however, seen

Munich Re to Back Away from Coal Projects

Date: 07.08.2018 Author: Tanja Srnovršnik Volarič
Munich Re to Back Away from Coal ProjectsPhoto: Simona Drevenšek

Munich Re, the world’s biggest reinsurer, has announced that it will limit investments in coal-related projects. It will also no longer offer insurance for new power plants and mines which use or

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