Germany Power Report - Business Monitor International - Industry Reports

Germany Power Report

Germany Power Report - Business Monitor International - Industry Reports
Germany Power Report
Published Oct 22, 2016
89 pages — Published Oct 22, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

As a consequence of very low European gas prices, the short-term prospects for gas-fired power generation in Germany have improved significantly and profitability at many German gas-fired power plants has improved to the point where they are currently more profitable than coal-fired facilities. On the back of these improved pricing dynamics we have revised our forecast for growth in gas-fired generation in ---- to -.-- and to reflect fuel switching (from --.- ). ...As such, renewables capacity will continue to grow, ensuring that wholesale electricity prices remain depressed and margins at thermal plants - especially gas plants with higher marginal costs - will continue to be squeezed. In this low wholesale price environment, coal will remain more profitable than gas over a longer timeframe and we forecast that coal will retain its status as the biggest component of the power generation mix over our ---year forecast period. To this end, Germany will not diverge from its renewables-focused energy policy - despite the implementation of the energy market -.- and reforms to slow the pace and reduce the cost of the Energiewende (energy transition). ...In this low wholesale price environment, coal will remain more profitable than gas over a longer timeframe and we forecast that coal will retain its status as the biggest component of the power generation mix over our ---year forecast period.

...BMI View: The outlook for conventional generation capacity in Germany remains bleak as the country pursues its energy transition - with utilities that have exposure to thermal assets likely to continue to be squeezed financially due to an influx of subsidised renewables capacity. A brief uptick in gas-fired generation in ---- - due to lower European gas prices - is likely to be short-lived and we retain our view that coal will remain the dominant thermal generation fuel over our ---year forecast period. ...BMI View: The outlook for conventional generation capacity in Germany remains bleak as the country pursues its energy transition - with utilities that have exposure to thermal assets likely to continue to be squeezed financially due to an influx of subsidised renewables capacity. A brief uptick in gas-fired generation in ---- - due to lower European gas prices - is likely to be short-lived and we retain our view that coal will remain the dominant thermal generation fuel over our ---year forecast period. ...A brief uptick in gas-fired generation in ---- - due to lower European gas prices - is likely to be short-lived and we retain our view that coal will remain the dominant thermal generation fuel over our ---year forecast period.

...� Business Monitor International Ltd Page - systematically phase out coal capacity in the final draft of its Climate Action Plan ----, which was released in September ----. In response to ongoing problems in the thermal generation segment, E.ON completed the spin-off its fossil-fuelled generation assets and supply and trading business into a new entity known as Uniper in September ----. ...� Business Monitor International Ltd Page - systematically phase out coal capacity in the final draft of its Climate Action Plan ----, which was released in September ----. In response to ongoing problems in the thermal generation segment, E.ON completed the spin-off its fossil-fuelled generation assets and supply and trading business into a new entity known as Uniper in September ----. It is hoped the move will allow the slimmed down E.ON to focus on growth areas such as renewables, networks and energy services - without having to focus on its declining thermal assets. ...

  
Source:
Document ID
1755-7143
Country
Industry
Format:
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Germany Power Report" Oct 22, 2016. Alacra Store. Dec 02, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Germany-Power-Report-2026-781>
  
APA:
Business Monitor International - Industry Reports. (2016). Germany Power Report Oct 22, 2016. New York, NY: Alacra Store. Retrieved Dec 02, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Germany-Power-Report-2026-781>
  
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