• E-mail
• Print
• Comment
• Font Size
• Digg
• del.icio.us
• Discuss article

Examine the Rise of Renewable Energy Strategies Amongst Major European Utilities

Posted on: Thursday, 16 October 2008, 09:00 CDT

Research and Markets (http://www.researchandmarkets.com/research/edcf14/the_rise_of_renewa) has announced the addition of the "The Rise of Renewable Energy Strategies amongst Major European Utilities" report to their offering.

Increasing regional and state-based climate policies, support mechanisms and renewable targets are instigating long-term renewable strategies amongst the major European utilities. By adding renewables to their generation portfolios at a record pace, these firms are also faced with having to develop equally aggressive and robust renewable retail strategies.

Scope

-- Knowledge of the various Kyoto-driven policies, mechanisms and national targets that are driving record investments in renewable power generation

-- Comprehensive analysis of various leading utilities - Iberdrola, EDP, Enel, EDF, Endesa, E.ON, RWE, ESB, ESB, ENBW, Centrica, Nuon, EVN, RWE, SSE

-- Analysis of the renewable assets held by investors and independent power providers, key to building competitive advantages among major utilities.

-- A concise examination of each firms traditional / renewable capacity and generation mix, investment strategy and growth prospects in renewables

Highlights of this title

Utilities and merchant generators are scaling their renewable portfolios at a record pace amid expectations of favorable government frameworks, persistent high carbon and hydrocarbon prices, and increasingly stringent emission regulations. Renewables will play a more dominant, more strategic part of the generation mix, driven by the supply side.

Large hydropower makes up the bulk of the total European renewable capacity. Yet, wind power generation is by far the most scalable option, with the major European utilities aiming to grow their asset base by several thousand megawatts or by as much as 41% annually. Enel and Iberdrola dominate the hydropower and wind power sectors respectively.

The rapid development of merchant generator renewable portfolios will increasingly shape utilities green retail strategies: institutional investors and IPPs will continue to play a significant role in the supply of renewable power as they ramp up investment levels and installed capacity targets in the field of renewable power generation.

Key reasons to purchase this title

-- Benchmark your company against the leading players, develop and improve your competitive strategy and profit from future growth opportunities

-- Understand the capacity and generation mix both in terms of renewable and non-renewable energy as well as within renewable energy

-- Discover how European utilities plan to invest in renewable energy and the impact this will have on their capacity mix

Key Topics Covered:

CATALYST

SUMMARY

SOURCES

ANALYSIS

European policy has instigated unprecedented uptake of renewable power generation by the major European utilities

The Kyoto Protocol instigated EU policies aimed at curbing harmful emissions and promoting renewables

Born from the Kyoto Protocol, the EU Emissions Trading Scheme is a major pillar of EU climate policy

At present, at least 64 countries have a national target for renewable energy supply

The RES-E directive sparked the adaptation of legal frameworks in all EU countries

The EC also recently proposed a directive on the promotion of the use of energy from renewable source

As a result, the renewable energy industry has experienced unprecedented levels of growth

Large European utilities have placed renewables at the heart of their corporate strategy

Large utilities have achieved efficiencies, scale and pace by consolidating their renewables operations

European utilities have grown their renewable portfolios at a record pace from a low initial installed base

The majority of renewable power generation assets are owned by firms for which renewables have evolved as a strategic imperative

Of all the European utilities, Iberdrola leads the way in its long-term commitment to wind power generation

Iberdrola has placed renewables at the heart of its corporate strategy

Despite strong fundamentals, Renovables has slid since its IPO, following fears over recession and possible regulatory changes

Renovables recent declining share price was largely driven by global and local market pressures

Iberdrolas aggressive strategic investment plan will continue to deliver dominance in the global wind generation market

Energias de Portugal is the second largest wind asset owner amongst the large European utilities

Of all the European utilities, EDPR has the second largest wind capacity growth target relative to its existing capacity

Large hydropower accounts for the bulk of Enels renewable power generation capabilities

Of all the European utilities, Enel has the most aggressive wind capacity growth target relative to its existing capacity

Enels strategic renewables investment plan delivered a record increase in wind capacity in 2007

The rapid development of merchant generator renewable portfolios will increasingly shape utilities green retail strategies

The mid-tier renewable asset owners have traditionally applied domestic strategies as a means of complying with regulatory requirements; a trend which is now rapidly changing

EDF was one of the first players to consolidate its portfolio of renewable power assets

Since the IPO, EDF EN has delivered strong growth in terms of both operational and financial performance

EDF EN has significantly outperformed the market, despite recent fears over recession and possible regulatory changes

EDF ENs dominant market position and efficient horizontally integrated model have kept the company ahead of the curve

Endesa is delivering against its strategy to further its global and sustainable energy model based on a larger mix of renewables

E.ONs aggressive investment strategy in renewable energy is likely to keep it ahead of its closest rival EDF EN

RWE is the latest of the large European utilities to pool its renewables activities separate from its core generation activity

RWE Innogys investment plan is sufficient to more than triple its renewable installed capacity by 2012

The majority of smaller green asset owners also exhibit strong growth objectives in the field of renewables, albeit from a much lower installed base

SSEs renewable strategy stretches beyond mere compliance with domestic regulatory requirements

ESB, ENBW and EVN have followed suit; only Nuons long-term commitment to renewable energy is under question

Reconciling aggressive utility renewable strategies with weak consumer demand for green energy presents a great opportunity

Companies Mentioned:

-- Iberdrola

-- EDP

-- Enel

-- EDF

-- Endesa

-- E.ON

-- RWE

-- ESB

-- ENBW

-- Centrica

-- Nuon

-- EVN

-- SSE

For more information visit http://www.researchandmarkets.com/research/edcf14/the_rise_of_renewa

Source: Datamonitor

Source: Business Wire

More News in this Category