The French capacity market continues to deliver auction after auction. In the last auctions, for 2025 and 2026 delivery years, prices were depressed to €6.19k/MW and €3.54k/MW respectively. The least we can say is that the French capacity mechanism has turned out to be an atypical market in terms of its design and volatility. Since […]
The mechanism of opportunities Read More »
We are approaching the energy winter, typically considered the period from November to March when the system becomes more strained due to low temperatures. As it is becoming a tradition in HES, this article will analyze the state of the energy market as we enter this period (see article published in November 2023: Fragile energy
Winter perspectives and energy supply security Read More »
A year ago, we welcomed the European Commission’s late introduction of delegated acts defining the criteria for renewable hydrogen and its derivatives, whether produced in Europe or imported. At last, Europe had a definition of its renewable hydrogen. But what about France? (See newsletter: Green Hydrogen Europe (link)) In France, legally, and since the hydrogen
Hydrogen Blue White & Red! Read More »
During the first and second quarters of 2024, electricity in Spain exhibited unusual behaviour due to several significant events and developments in the energy sector. Increase of renewable capacity: Solar energy: The installed capacity of photovoltaic solar energy continued growing. Moreover, in May, photovoltaic led the energy mix for the first time, taking the lead
Electricity Market in Spain during Q1 & Q2 2024 Read More »
Currently, the gas market in Spain changed its decreasing trend in gas prices experienced at the end of 2023 and began to increase again after February 2024. This rise in gas prices can be attributed to several interconnected factors: The economic recovery after COVID-19 has resulted in higher energy demand due to increased industrial activity
Gas Market in Spain during Q1 & Q2 2024 Read More »
Biogas is positioning itself as an alternative to traditional fossil fuels by allowing existing infrastructure to be maintained while helping to reduce greenhouse gas emissions. This is supported by technological improvement and encouragement from governments, which see this fuel as a solution to energy security problems through diversification of sources and agricultural development besides a
In the past few years, the energy sector has gone from largely unnoticed to a hot topic. The reason? The sudden and brutal increase in gas and electricity prices and their impact on economic activity. As prices have risen, companies have had to find solutions to mitigate the impact on their bottom-line results. Some have been forced to reduce their production, and most have recorded extraordinary losses in
How to reduce consumers’ and generators’ risk against volatile energy prices? Read More »
Jeudi 7 décembre, cela aura été la douche froide pour les acteurs à la vente. Ce jour se traitait une enchère de capacité traitant le contrat de livraison 2025 (AL2025) mais surtout la dernière enchère avant l’année de livraison 2024 (AL2024), déterminant le prix de référence des écarts PREC pour l’année. Alors que ce PREC
Le Mécapa de toutes les surprises Read More »
L’objectif de limitation du réchauffement climatique conduit infailliblement à la nécessité de réduction d’utilisation des énergies fossiles. Cela ne fait aucun doute. Lors de la dernière COP28, plus de 200 pays se sont engagés à « sortir des énergies fossiles » malgré cet accord, aucune échéance n’a été fixée. L’objectif est défini ; les moyens pour y parvenir
Le défi des nouveaux carburants Read More »
Analysis of Winter 2022/23 vs 2023/24: Spain and France Winter 2023/2024 has been a somewhat tense one. Both countries saw lower electricity prices compared to last winter, in line with increased market confidence following EU measures to counter the energy crisis. It should be noted that Spain experienced more price volatility than France this winter.
The end of 2023-2024 winter: Analysis of the situation Read More »
Each month, one of our experts publishes an article describing his view on a specific topic of the constant changes taking place in the energy market, with special focus on the French market.
“Decarbonization of the Energy and Transport sectors is arguably today’s main economic driver for the industry.”
His career started in civil engineering as a Project Manager in France, Martinique and Australia. Afterwards, he became the General Manager of a subsidiary in Venezuela. In 1992, he established Dalkia in Germany (district heating, cogeneration, and partnerships) and represented Véolia in Thailand. In 2000, he opened the commercial office of Endesa in France to take advantage of the liberalized retail market. From 2006, as a development Manager at Endesa France, he led Endesa’s plan for Combined Cycle generation in France and developed the wind and PV portfolio of Snet at the same time. Philippe Boulanger worked for 3 years at E.ON’s headquarters coordinating the company´s activities in France. He was strongly involved in the French hydro concession renewal project. As a Senior Vice President – Project Director at Solvay Energy Services from April 2012 to February 2014 he was in charge of the H2/Power to gas and European direct market access deployment projects. Philippe has been an HES expert since 2014.
Philippe Boulanger holds engineering degrees both from the Ecole Polytechnique and the Ecole Nationale des Ponts & Chaussées (France) and has a combined experience of more than 25 years in energy and infrastructure. In addition to English, Mr. Boulanger is fluent in French, German & Spanish.
“The world is changing. New investors pay particular attention to the energy sector while historical actors adapt their position to the market.”
Antonio started his career in the electricity sector in 1991 working as a member of the General Manager’s team at Sevillana de Electricidad (Spain). In 1997, he was appointed head of commercial regulation at Endesa Distribución. In 2000, he joined the mergers and acquisitions (M&A) department of Endesa Europe. He was appointed Managing Director of Endesa Power Trading Ltd (UK) in 2003. A year later, he became responsible for energy management at SNET (France). In 2008, he was appointed Managing Director of SNET (France). In 2009, he became Director of Corporate Development at E.ON France. In 2011, he founded Haya Energy Solutions (HES), a consulting firm focused on optimising the energy management of consumers, producers and retailers of gas and electricity. From 2015 to 2018, Antonio combined the consulting activity at HES with the general management of 2 production facilities in France (2 CCGTs x 410MW), owned by KKR. At the end of 2018, he joined Asterion Industrial Partners, an infrastructure investment fund, as an operating partner. Antonio currently devotes most of his efforts to the Asterion Portfolio, while advising through HES companies in the energy sector in France, Italy, Germany, UK and Spain.
Antonio graduated from the Escuela Técnica Superior de Ingenieros of Seville (Spain) and holds an MBA degree from Deusto University (Spain).
