News item | 2011-09-29 | 15:59 PM

Energy News Europe - week 38, 2011

Czech Republic

CEZ's new strategy introduced
iDNES, 2011-09-20
Daniel Benes, the new head of the Czech energy group CEZ, has introduced the group's new strategy supported by the Czech Prime Minister. The group is to focus on nuclear power stations Temelin and Dukovany. There are no plans for new renewable sources apart from small wind and hydro power projects abroad. CEZ will also concentrate on coal and conclusion of disputes with coal companies. Improvement of energy security and heating will be also important.
© Esmerk

Denmark

Betterplace/Edison demonstrate new roaming system for electric vehicles
Ingeniøren, 2011-09-21
Betterplace, the global provider of electric vehicle networks and services, and research project Edison have demonstrated a roaming system for electric vehicles on the island of Bornholm in Denmark. This is the first demonstration of this kind in the world. Thanks to the roaming system, the owners of an electric vehicle can charge car batteries at any charging station even though they are customers with another company. The aim with the Edison project was to develop a battery charging infrastructure for smart charging of electric vehicles. The battery charging stations need to be based on open standards to allow battery charging across different operators' infrastructures.
© Esmerk

Europe

Experts say North Sea wind power stations could generate 135 Gigawatt
Deutsche Verkehrs-Zeitung, 2011-09-13
According to energy research institute ECN, offshore wind power stations in the North Sea could produce 135 Gigawatt by 2030. This equals the output of 135 nuclear power stations. By 2020 the potential output is 32 Gigawatt.
© Esmerk

Investment in smart grid technologies to reach USD 80.3bn by 2020
Electronics Weekly, 2011-09-21
A new report by Pike Research says that investment in smart grid technologies in Europe will reach USD 80.30bn (EUR 59.16bn) by 2020. Over the coming few years, smart grid technology deployment will attain an accelerated speed driven by the stringent carbon reduction goals in the European Union. A total of 238.4mn smart meters will be installed by 2020 in Europe. Germany has no large-scale deployment but does have smart meter pilot schemes, while Sweden is the leader in the European smart grid movement.
© Esmerk

Finland

Estimated cost of TVO's planned nuclear power plant now EUR 6bn
Talouselämä, 2011-09-22
In Finland, the estimated price of the new Olkiluoto 4 nuclear power plant being planned by power company Teollisuuden Voima (TVO) has risen to at least EUR 6bn. In 2008, TVO estimated the price to be EUR 3bn-4bn. The price estimate was disclosed as the Board of power company Helsinki Energy decided the company is to participate in the planning phase of the nuclear power plant.
© Esmerk

Germany

Nuclear fuel tax unlawful?
Handelsblatt, 2011-09-21
The Hamburg fiscal court ruled that the nuclear fuel tax is unlawful because it violates the German fiscal systems about taxation rights. In the case of the nuclear fuel tax, the Federal Government does not have the legislative powers, because the nuclear fuel tax is not an excise duty. The Federal Government will appeal against the court ruling. The new tax amounts to about EUR 1.3bn (USD 1.78bn) per year. There are several court cases pending initiated by Eon, RWE and EnBW.
© Esmerk

Grid operators planning massive investments
Financial Times Deutschland, 2011-09-23
German power grid operators have to present a draft for a grid development plan to the Federal Network Agency, Bundesnetzagentur, in June 2012. They are already working on several high-voltage power line projects. In the long term, these lines could be linked to others in neighbouring countries. 50 Hertz Transmission, formerly part of Vattenfall, has filed for a permit with the Agency. It is working on a plan to set up a 600-km power line from Magdeburg region to the Rhine-Main area for about EUR 1bn (USD 1.35bn). A feasibility study is to start in January 2012.

A spokesman for 50 Hertz said that it could take eight years before the construction of the line can start. Tennet, formerly part of Eon, is planning a 900-km power line between the north and south of Germany, which would involve investments of several thousand million euros. The company is to present detailed plans in spring 2012. Amprion (formerly part of RWE) and EnBW Transportnetze are planning a power line between the Rhineland and Stuttgart with investments of up to EUR 1bn. The grid operators are likely to resort to high-voltage direct-current transmission technology. In order to avoid protests from residents near the power lines, the new power lines might be installed partly on existing masts.
© Esmerk

Italy

Solar power capacity should reach 12 GW by end of 2011
La Repubblica, 2011-09-15
According to Italian power management agency Gestore dei Servizi Energetici (GSE), the installed capacity in the solar power sector should reach approximately 12 GW by the end of 2011. This will be spread across 300,000 power plants, and will cover approximately 3% of Italy's electricity consumption. Italian non-profit organisation Kyoto Club estimates that an additional 4,000 MW of capacity will be installed in 2012, bringing the percentage of total consumption up to 5.5%. However, Politecnico di Milano university forecasts that approximately 2 GW-2.5 GW will be installed each year in 2012 and 2013, followed by around 1.5 GW in 2014.
© Esmerk

Netherlands

Groningen approves Eemshaven power station construction
NRC Handelsblad, 2011-09-23
The province of Groningen in the Netherlands has approved the construction of the coal-fired power station in Eemshaven in the Netherlands by energy companies Essent and RWE. This comes after the Dutch Council of State previously annulled the environmental licence of the plant. Construction of the plant is already halfway towards completion, and should be fully completed in 2013.
© Esmerk

Portugal

Three Gorges shows interest for EDP
Dinheiro Vivo, 2011-09-23
The Chinese companies China Three Gorges and China Power are analysing the privatisation terms of the Portuguese electricity company EDP for a potential investment but it is likely that only one of these two companies submits a firm offer. It is understood that Chinese firms do not compete among themselves in international tenders /acquisitions. Three Gorges runs a hydro power plant with 20,000 MW of capacity and it has hired financial and legal advisers in Portugal to assess the possible takeover.
© Esmerk

Sweden

Nuclear agreement violates competition law, industry says
Dagens Industri, 2011-09-23
Conditions to nuclear power development, that allows only existing owners to build new turbines, violates competition legislation, members of the Swedish industry have said. Jan Johansson, Chief Executive at forest product group SCA, said that the Swedish government had misled the industry by claiming that an agreement for nuclear power development had been met.

While SCA made large investments into wind power, a reduction of nuclear power would still cripple the Swedish industry and economic growth, Johansson said. Magnus Hall, Chief Executive of forestry group Holmen and Chairman of Industrikraft, said that the industry could file a complaint with the EU court should the government not agree to amend the agreement to allow other actors to invest in nuclear reactors.
© Esmerk

Svenska Kraftnät invests SEK 7.3bn in South-West power link
Nordisk Industri, 2011-09-23
Swedish grid operator Svenska Kraftnät is set to invest SEK 7.30bn (EUR 786.22mn USD 1.06bn) in its South-West power link project. The investment, which will include a AC power line between Hallsberg and Barkeryd and a DC line between Barkeryd and Hurva, is set to increase reliability and improve transmission capacity of the electricity grid.
© Esmerk

UK

Questions raised over Government's renewable energy target
Financial Times, 2011-09-21
The UK Government wants wind power to account for about 50% of the GBP 200bn (EUR 229.60bn USD 314.66bn) that it believes the UK should invest into energy infrastructure by 2020. However, analysts are questioning whether or not this is an achievable goal due to the financial condition of the six large energy companies that would be primarily responsible for delivering the schemes. They also question whether the higher energy bills that would likely result from the investment would be politically tolerable.

The Government has already imposed a “renewables obligation” on electricity companies, requiring them to purchase some of their energy from renewable sources. The managing director of Triodos Renewables is confident that the Government will achieve the GBP 200bn target because Government incentives are fuelling investment but he admits that it will be a challenge to hit this goal within the set time frame. However, some analysts doubt that even an extended timetable would make the goal achievable.
© Esmerk

Disclaimer: The newsletter "Energy News Europe" contains an overview of energy-related news published in European media. It does not represent the views of Vattenfall or its management.