Cookies on the ICIS website

close

Our website uses cookies, which are small text files that are widely used in order to make websites work more effectively. To continue using our website and consent to the use of cookies, click away from this box or click 'Close'

Find out about our cookies and how to change them

E.ON aims for single EU energy transparency platform

11 Jan 2012 18:26:01 | edem

E.ON wants a single European-wide transparency platform publishing data of available installed electricity capacity. A spokesman for the German utility said on Wednesday that it would be assessing the possibilities in the next few weeks, but no concrete initiative had started.

A central platform could be run by a bourse or a regulator, instead of in-house by a private company, the E.ON said.

A potential provider of a European-wide platform could be the European Energy Exchange (EEX), which aims at expanding beyond its core markets of Germany and Austria to become a central European platform.

The exchange declined to comment on E.ON's proposal.

EEX publishes electricity transparency data for the German and Austrian markets. Forty companies - among them all four big utilities: E.ON, RWE, Vattenfall and Energie Baden-W├╝rttemberg (EnBW) - are included. E.ON, RWE and EnBW also publish availability data on their websites. However, E.ON said that publishing the data on its website would be only a temporary solution.

According to the new EU regulation on energy market integrity and transparency (REMIT), all owners of power-generating stations with a capacity of 100MW or more must make such information publicly available (see EDEM 28 December 2011).

EEX said on Wednesday the coverage on its transparency website rose to 94.2% for the German-Austrian market area.

The number of reporting companies for the market area has risen to 40, up from 26 in 2010. In addition, for the first time industrial power plant operators such as BASF and Volkswagen were included.

The German voluntary data dropped to cover only 42.5% of available capacity in the country for 2011, down from 48% the year before. This was due to a loss of voluntary-provided data of installed capacity because of the shutdown of seven nuclear plants in 2011, at the same time as the rapid expansion of renewable energy sources led to a increase of overall installed capacity. MD

Other Options