On 21 March, the first auction of capacity certificates for the 2020 year resulted in an exchange of 4.17 GW with a price of €20K/MW. This price remains consistent with 2019 prices (€17.365K/MW on average) and confirms the constant increase of the capacity price in France. According to our analysis, the margin of the supply/demand […]
In its latest newsletter, the CRE [French Energy Regulatory Commission] provided an update on the 2019-2020 storage capacity auctions and published the storage compensation tariff component (‘storage compensation’) value applicable from 1 April 2019. The entirety of the natural gas storage capacity put up for auction was subscribed. The CRE underlined the success of the
Third Party Access to storage compensation for 2019: CRE decision of 14 March 2019 Read More »
[This article was based on information available as of January 18, 2019 and the EPP has since been published. And its content is consistent with what we anticipated …] After some delays and hesitations, on 27 November 2018, the French government presented the path for the multi-year energy programme (programmation pluriannuel de l’énergie, PPE). However, this
The future of French nuclear power is finally unveiled Read More »
While the debate surrounding the ‘yellow vests’ seemed to focus primarily on the taxation of hydrocarbons – CO2-emitting fossil fuels -, the issue of the price of electricity – which, in France, rightfully crystallises around the evolution of regulated tariffs, as virtually all offers to individuals are indexed there – is beginning to gain momentum.
The cost of CO2 in French electricity: tax and/or market? Double the punishment Read More »
The Programmation Pluriannuelle de l’Énergie [multi-annual energy programing] (PPE) was finally presented by the Minister for Ecological and Solidarity-based Transition, François de Rugy, on 27 November. It has established the priorities for action to be undertaken by public authorities for the 2019-2023 and 2024-2028 periods. Several objectives were announced and/or confirmed, including, in particular, ‘turning our
PPE: renewable gas on the upswing… concealing a decline in overall gas usage Read More »
At the time of writing, Brent Dec18 contract is trading at $85/bbl, its highest price in 4 years. Gas is following the same pattern and reaching historic values. In one year, its price has increased by more than 60%. Coal (API#2 month ahead contract), rising to $100/Tn, while far from its all-time record, has also
Commodities prices on the up: prepare for new challenges in the European Power Market Read More »
Since March, worldwide oil and gas prices have taken off, by about 25% for oil and nearly 50% for gas in Europe. The causes are, above all, geopolitical, with several flashpoints: Iran, Venezuela, China… and one single detonator: the United States, under the leadership of Donald Trump. The prices of natural gas in Europe have
Soaring energy prices: thank you Donald Trump! Read More »
Coal, emblem of the 19th century and an already distant industrial revolution, belongs definitively to the past. Its disappearance is being recorded everywhere, and it’s only a question of closing polluting coal-fired power stations and replacing them with other renewable, cleaner energies. And yet… coal is still not quite ‘historic and picturesque’, buried in heaps
The dark (side) strikes back? Read More »
As of last August, the financial world was already labelling CO2 as the best-performing raw material of 2018, with a nod to its price skyrocketing by 300% in one year (and nearly 400% if we take into account the peak of €25.16/tonne of CO2 reached on 10 September). Discussing the performance of a product that
At this stage, we are used to watching the State intervene in the electricity market, from the side of supply as well as demand. In production, the massive subsidy for renewable energies, the emission allowance trading system (EU ETS), the aid provided to the industry through cogeneration support mechanisms (CHP) and other mechanisms which are
The French PPE (multi-year energy programme) and the future of the electricity market Read More »
“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 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 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 is the founder and President of Haya Energy Solutions, a specialized consulting firm focused on the energy sector, which has developed M&A projects in renewable and conventional power generation, cogeneration, district heating, gas and power retail, energy procurement and power optimization in France, Spain, Portugal, Germany and UK.
Prior to this, Antonio was CEO of KKR’s CELEST Power in France (2x410MW CCGT). He was also CEO of Endesa France and General Secretary, Strategy & Corporate Development Director at E.ON France. Formerly, he held different positions at Endesa, including Responsible for M&A at Endesa Europe and Regulation Specialist at Endesa Distribution.
Antonio holds an MBA from the University of Deusto and a degree in Industrial Engineering from the Higher Technical School of Engineering of the University of Seville.
