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 power business in Western and Central Europe and Turkey.

As a subscriber, you will be able to:

Receive the latest on fundamentals:

• European Power Watch
• Market Briefing
• Country Profiles
• Coverage of the European Emissions Trading Scheme

Receive our strategic reports on the Big Questions:

• Has Europe become a retirement-driven market, and is there a risk of stranded investment?
• How will European policymakers balance the policy trilemma: addressing security of supply, driving competitive markets and achieving green aspirations?

Download key industrial statistics from our Data Center:

• IHS CERA CO₂ Emissions Tracker
• IHS CERA Hydro Tracker
• Country level historical data and our outlooks for prices, supply, demand, production capacity and power exchange
• Heating and cooling degree-days

Benefits:

European Power Advisory Service enables you to:

• Understand energy market fundamentals and key drivers to make informed investment decisions
• Analyze regional market compositions, the changing fuel mix, and wholesale electricity price dynamics
• Anticipate investment opportunities in Europe's new power generation projects
• Assess the impact of environmental regulations and policies on power market dynamics and strategies
• Identify the repercussions of European electricity market liberalization for players in each stage of the value chain

Fundamentals reports

• European Power Watch:
  • Semiannual
  • Long-term outlook to 2030 for demand, supply, prices, and spreads, by country
  • Insight on key business trends and critical issues affecting the European power market through:
    • Power market trends
    • Changing strategic themes
    • Europe-wide regulatory and policy developments; ETS; renewables; conventional fuels; capacity additions and retirements; margins; and need for new capacity
    • European Scenario central view (demand, capacity additions and retirements, renewables)
• Market Briefing:
  • Quarterly
  • Short to medium-term outlook to 2015 for demand, supply, prices and country specific analysis
  • Power and ETS prices, spreads and analysis for major markets
  • Supply-demand balance, capacity margins
  • Power plant retirements and additions (conventional and renewables)
  • Analysis of key regulatory, policy and market developments
• Country Profiles:
  • Annual outlooks to 2020
  • Analysis for EU27 countries plus Turkey, Switzerland and Norway
  • Short-term wholesale price projections
  • Changes in supply and demand fundamentals
  • Industry structure and infrastructure
  • Environmental policies
• Coverage of European Emissions Trading Scheme (EU27):
  • Quarterly
  • EUA price forecasts to 2020 for Phase 2 (2008–12) and Phase 3 (post 2012)
  • Fuel price relativity and modeling assumptions
  • International Offset Supply Analysis; Clean Development Mechanisms (CDM), and Joint Implementation (JI) outlook to 2020
  • Risks to price outlook
  • Stochastic Analysis 
• European Carbon Market Tracker:
  • Monthly
  • Analysis of market behavior, fuel price relativity and fuel and power price correlation
  • ETS policy and regulatory developments
  • CO2 Emissions Tracker

Strategic reports

Private Reports and Decision Briefs based on research driven by IHS CERA Big Questions. Corporate leaders, investors, policymakers, and energy users rely on our answers to these questions to guide decisions that shape the industry's strategic future.

Data center

• Country-level historical power supply, demand, capacity and power exchange (semiannual)
• IHS CERA CO2 Emissions Tracker (quarterly)
• IHS CERA Hydro Tracker (quarterly)
• Country-level power end-user prices (quarterly)
• Heating and cooling degree-days (quarterly)

Event invitations

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

Subscribers also receive access to our extensive research archives, available in English, Russian and Chinese, including:

A Multitrack Europe and Multispeed Recovery.
In Europe the legacy of the recession will be felt well into the next decade. European power markets have been shaken by a dramatic drop in power demand, and many projects have been canceled or postponed. On the policy front, landmark legislation was passed in 2009 on both climate mitigation and market integration. As utilities reassess their strategies to position themselves for the recovery and the next investment cycle, this IHS CERA European Power Watch analyzes the key challenges that lie ahead.

Taking Up the Charge: Plug-in Hybrid Electric Vehicles in Europe.
Road transportation accounts for over 20 percent of the CO2 emissions in Europe. Plug-in hybrid electric vehicles are being discussed as a green alternative to the internal combustion engine. This technology not only would reduce emissions but could also provide energy diversity and allow Europe to reduce its dependence on oil. However it is not yet available, and its future in Europe hinges on a combination of policy, market, and technology elements.

Life Begins at 40? Delaying European Plant Retirements.
European power plants are aging, and the general outlook is that new plants will be needed to replace retiring plants in the coming decade. IHS CERA analysis shows, however, that both the regulatory and economic drivers of power plant retirements are more uncertain than ever and that far fewer plants could be retired than is currently expected.

More Interconnectors for a Single European Power Market.
European cross-border electric power connections are crucial in the building of a single European power market. National power systems are already technically interconnected, but they show some signs of vulnerability. More interconnections would improve the infrastructure, but any improvement will require a coordinated effort and could present opportunities for merchant transmission.

EU ETS Phase II Allowances Prices: Where's the Floor?
As Phase II of the EU Emissions Trading Scheme (ETS) starts in 2008. The European Commission has pushed to make the overall emissions cap much tighter than originally proposed by reducing the national allocations plans put forward by the participating governments. 

• 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

Future Research:

Subscriber receive Private Reports and Decision Briefs based on research driven by the Advisory Service's "Big Questions" including:

• How is the economic recovery impacting the European power sector?
• Has Europe become a retirement-driven market, and is there a risk of stranded investment?
• How will European policymakers balance the policy trilemma: addressing security of supply, driving competitive markets, and achieving green aspirations?
• 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 are the prospects for clean power generation technologies?
• How will emerging technologies such as electric vehicles, smart grids, and batteries affect the power industry?
• What opportunities and risks has the financial crisis created for the power business?