In a report made public on Friday 7 June (Gas 2019), the International Energy Agency (IEA) states that the demand for natural gas grew by 4.6% in 2018, its fastest annual rate since 2010. Gas represented nearly half of growth in primary energy consumption in the world. Consumption of natural gas should grow at an […]
2018, a record year for gas Read More »
The process was triggered on a large scale in the months following the Fukushima accident, with the German decision to decommission nuclear power plants. This dealt a devastating blow to the phase of excessive investment in traditional European utilities, an enthusiasm which had already cooled down considerably after the subprime crisis and the end of
Energy: extinction of the dinosaurs… Petroleum Rex versus Nukeonosaurus? Read More »
Every day, energy market analysts comment, systematically and seemingly without any particular rules, on market movements and outlooks (bullish, bearish or stable) with respect to the expected BREXIT type (soft, hard, something in between, etc.) Thus, for example, any negative development on the outlook of the UK leaving with a deal will explain the bullish
Brexit and the energy market Read More »
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 »
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).
