European Power

The CERA European Power Advisory Service helps members to identify opportunities and to mitigate risk in the European power market. Our experts combine their cutting-edge knowledge of market forces and political developments, backed by hard data from our country outlooks, to give you the latest, most accurate picture of the  European power business.

As a subscriber, you will be able to:

Receive the latest on fundamentals:

• European Power Watch
• European and Regional Market Briefings
• European Carbon Market Briefings
• Regular coverage of EU and national energy policy developments

Receive our strategic reports on the Big Questions:

• Has Europe become a retirement-driven market, and how is the investment environment evolving in a cash-constrained world?
• How will power demand evolve against its economic backdrop and energy efficiency policies?
• How will European policymakers balance the policy trilemma: addressing security of supply, driving competitive markets and achieving green aspirations?
• What infrastructure is required to accommodate the evolving European capacity mix and address the challenges posed by fluctuating renewables generation?

Download key industrial statistics from our Data Center:

• Country-level data:
  • historical power supply, demand, capacity, and power exchange
  • long-term outlook for power demand, supply, capacity additions and retirements
  • short- and long-term wholesale power prices
• CO2 emissions
• Hydro power
• Retail prices
• Heating and cooling degree-days
• European mergers and acquisitions
• Outlook for wood pellet prices
• Country profiles

Benefits

European Power Advisory Service enables you to:

• Understand energy market fundamentals and driving forces to provide a sound basis for gauging the possible future scenarios facing the European power industry
• Analyze regional market fundamentals, the changing fuel mix, and wholesale electricity price dynamics
• Anticipate investment opportunities in Europe's new power generation projects
• Assess EU and national energy policy developments and the impact of regulatory measures on power market dynamics and strategies
• Identify key structural changes arising from European market liberalization and integration and the implications for players’ strategies in each link of the value chain

Subscribers to European Power receive: 

Research deliverables covering 35 countries including Western Europe, Central and Eastern Europe, the Balkans, the Nordics, the Baltics, and Turkey.

Fundamentals Reports

European Power Watch:

• Annual
• Insight on the key business trends and critical issues affecting the European power market to 2035, with focus on key long-term strategic implications

Market and Regional Briefings:

• Quarterly
• Five-year outlook
• Power and EUA prices, spreads, and analysis for major markets
• Supply/demand balance, capacity margins
• Power plant retirements and additions (conventional and renewables)
• Country-specific analysis of regulatory, policy, and market developments and regional interactions

Carbon Market Briefing:

• Quarterly
• EUA price forecasts for Phase 2 (2008–12), Phase 3 (2013-2020) and beyond
• Fuel price relativity and modeling assumptions
• International Offset Supply Analysis; Clean Development
• Mechanisms (CDM), and Joint Implementation (JI) outlook
• Risks to price outlook
• Stochastic analysis

European Carbon Market Tracker:

• Monthly analysis of market behavior, fuel price relativity, and fuel and power price correlation
• EU ETS policy and regulatory developments
• CO2 Emissions Tracker

Renewables Integration Briefing:

• Annual
• Latest policy and regulatory measures to manage intermittency
• Outlook to 2020 and beyond for wind and solar generation in the context of system constraints

Strategic Reports:

• Research driven by the service’s Big Questions, which have implications for corporate leaders, investors, government policymakers, and energy users. The answers to these questions will set the stage for the strategic future of the European power industry. Delivered as Private Reports and Decision Briefs.

Data Center:

• Country-level historical power supply, demand, capacity, and power exchange (quarterly)
• Country-level outlook for power demand, supply, capacity additions and retirements to 2035 (twice per year)
• Country-level wholesale power prices for next five years (quarterly)
• Country-level wholesale power prices to 2035 (twice per year)
• CO2 Emissions Tracker (quarterly)
• Hydro Tracker (quarterly)
• Retail Price Tracker (twice per year)
  • Historical retail electricity price evolution and breakdown by consumer group for key markets
  • Key policy and regulatory developments
• Heating and cooling degree-days (quarterly)
• European Power Mergers and Acquisitions Tracker (annual)
  • Analysis of M&A transactions in the European power sector
• Wood pellets price forecast to 2020 (twice per year)
• Country profiles (annual)
  • Analysis of market and industry structure, infrastructure and regulatory developments
  • Environmental policy measures
  • Detailed data on generation, consumption, imports and exports
  • Changes in supply and demand fundamentals for next five years

Event Invitations:

• Exclusive client-IHS CERA expert gatherings
• Seats at IHS CERA spring and fall Executive IHS Forum
• CERAWeek, the IHS CERA Executive Conference held annually in Houston – for an additional fee

Gas-Fired Power Plants on Life Support 
Profitability of gas plants is under pressure throughout the European Union owing to a “perfect storm” of low power demand, rising renewable generation, and high dispatch costs compared with coal. IHS CERA discusses the likely implications and outlook for gas-fired plants in Europe, estimating the amount of capacity at risk of retirement.

Looking Toward and Beyond 2020 Renewable Power Targets 
The discussion over a post-2020 EU renewables policy is emerging with a view to design an appropriate framework in which the European renewables sector can continue to develop in the long term. IHS CERA provides a comprehensive picture of possible pathways for renewables policy and deployment.

Balancing Services in Europe: Growing Role amid Patchwork Playing Field 
With Europe’s 2020 targets calling for an increase in intermittent generation and potential changes in demand patterns—from demand side management to electric vehicles—the role of balancing services is likely to grow in coming years. IHS CERA assesses the role of ancillary services—and especially balancing services—to manage short-term fluctuations in demand and supply, ensure generation reliability, and avoid large disruptions, particularly in a context of decarbonization.

Nuclear Stress Tests: No Closures but Improvements Needed All Around 
The European Commission published its report on the results of the post-Fukushima safety review of Europe’s nuclear plants in October 2012. IHS CERA presents a synthesis of the self-assessments and peer reviews covering 145 plants in the European Union. While safety standards are high, and no closure of nuclear power plants is required, there is not a single plant that meets all the safety criteria but improvements are needed at every nuclear plant in the European Union.

Coal’s New Helper: How Much Biomass in Coal Power Plants? 
Is cofiring of biomass in coal-fired power generation and coal-to-biomass conversion an emerging European trend, or a short-lived, market-specific experiment? IHS CERA analysis of government policies and market circumstances demonstrates some key uncertainties surrounding the scale-up of biomass use in the coal sector across Europe.

• Jone-Lin Wang, Managing Director and Group Head
• Simon Blakey, Senior Associate
• Jean-Marie Chevalier, Senior Associate
• Andy Barrett, Senior Associate
• Fabien Roques, Director
• Sylvain Cognet, Associate Director
• Giacomo Boati, Associate Director
• Federico Ferrario, Associate
• Elsa Kiener, Associate
• Erkki Adourian, Associate
• Andrew Ryan, Director
• Tracy Wilkinson, Associate Director
• Steven Knell, Associate
• Riccardo Quercioli, Associate
• Stefan Konstantinov, Associate
• Alexandra Januario, Research Associate
• Barrie Murray, Senior Associate

Members receive strategic reports that address questions of critical importance to the regional energy industry:

• How has the economic downturn affected the power sector, and which opportunities and risks does it create?
• Will the drive for market integration continue, and how much new transmission capacity will be required? How much will this cost and what are the effects of market integration on wholesale power markets?
• What are the winning strategies and models for the European policy trilemma: security of supply, competitive markets, and green targets?
• How will the European carbon market evolve, and how will it affect the business landscape?
• What are the challenges of integrating large quantities of intermittent renewables technologies into the European system? What measures do policy makers take to address challenges?
• What are the prospects for clean power generation technologies?
• How do policy reviews and market dynamics affect the outlook for renewable power? Is the green agenda affordable in times of economic uncertainty?
• How will the countervailing forces of energy efficiency mandates and new electricity uses affect lower demand growth?