Power
Special regulation report from Houston
With the US set to unveil the largest set of financial regulation reforms of the past 30 years, Lianna Brinded reports from Houston, Texas, on how these changes will effect the energy and commodities industry.
More research needed on price impact of CO2 on power: expert
Power risk managers may face previously unforeseen cost challenges in the next few years, as not enough research has been done to quantify the marginal effects carbon dioxide (CO2) emissions prices will have on the electricity generation sector, says…
Carbon trading to be highly regulated under Senate energy bill
US senators have published a climate change bill establishing a cap-and-trade system for power plants and industrials that permits only exchange-traded and cleared transactions.
BNP Paribas’ commodity research to triple
French investment bank BNP Paribas is set to more than triple its commodity research team, across metals, soft commodities and carbon emissions, in order to bolster its trading side as it goes on an aggressive drive to gather more hedge funds and…
Deal could trigger downgrade for E.ON US and subsidiaries
German power and gas company E.ON's decision to sell its US subsidiary to PPL Corporation for $7.625 billion has resulted in a ratings review and possible downgrade for E.ON US.
CBI: Quarter of UK power plants face closure
Independent business lobby group the Confederation of British Industry (CBI) has warned the latest draft of the European Union Directive for Industrial Emissions could force at least a quarter of the UK’s power plants to close, which would raise a major…
Risk management in vertically integrated energy companies
Once risk management is seen as more than just a control function, the business operations of vertically integrated energy companies present numerous opportunities, especially for hedging strategies. Jaime Román and Santiago Tejero of Endesa discuss
IEA: Power prices 2010 will depend on government finance spend & carbon prices
The cost of electricity for 2010 onwards will depend heavily on how governments plan to raise financial capital for electricity generation as well as the price of carbon, say the International Energy Agency (IEA) and the OECD Nuclear Energy Agency (NEA)…
EPA lays out GHG regulation timetable
The regulation of greenhouse gas (GHG) emissions by the US Environmental Protection Agency (EPA) is set to begin in 2011 with a higher-than-expected threshold, according to the latest details from the agency.
Transmission holds US wind power back despite 2009 record
Wind power is now the joint leading source of new electricity generation in the US, tying with natural gas, due to record levels of new capacity last year, according to the American Wind Energy Association (AWEA).
EU & Iraq pact will not boost energy supplies
Iraq will not boost the European Union’s (EU) oil, gas or power supply, or become a key supplier in the near future, say analysts, following the announcement that the two parties signed a Memorandum of Understanding designed to secure the EU’s energy…
Power sector concerned about regulatory overlap
Power sector trade bodies yesterday criticised proposals for regulation of over-the-counter derivatives, saying it would duplicate current Federal Energy Regulatory Commission (Ferc) oversight of the US power market.
EDF gets green light to invest in US nuclear
French energy company EDF and Constellation Energy, a Baltimore, Maryland-based power generator, have received regulatory approval for a nuclear joint venture announced in January.
Power plant Greeks
The computation of the price sensitivities - otherwise known as the Greeks - of a power plant is essential for proper hedging and risk management. However, due to the complexity and difficulty involved in the modelling of generation characteristics and…
Cebs releases report mapping EU supervisory aims
Daily news headlines
Covering all the bases
Power
Teething troubles
Power