Utility Comment

Renewables Demergers – Enhancing Value or Raising Risks?

Sunday, 05 September 2010 18:41

In recent years, several well-known utilities have sought to increase shareholder value by demerging their renewables assets. In effect, they have sought to monetise their exposure to the renewables sector which has attracted so much investor interest.

This trend is set to continue since Italy’s ENEL plans to float a minority stake in its renewables business, ENEL Green Power, this October. The stock flotation is designed to raise more than £3 billion for ENEL, which would help to reduce the utility’s overall net debt figure (currently in excess of £40 billion).

The Coalition Government’s 32 Action Points

Tuesday, 03 August 2010 21:50

by Nigel Hawkins

Perhaps in a quest to emulate John Buchan’s famous book, The 39 Steps, the UK’s Coalition Government, whose Energy Minister is the Liberal Democrat MP Chris Huhne, has set out its energy policy via its Annual Energy Statement. The Statement includes 32 action points.

However, what is paramount is new base-load generation investment, the key ingredient of Ofgem’s estimated £200 billion energy-related bill over the next decade or so.

National Grid - central to UK renewables generation

Tuesday, 06 July 2010 20:23

by Nigel Hawkins

Whilst many UK politicians wax lyrical about the benefits of renewables generation – and how the Government offers very attractive subsidies to potential investors – relatively little regard is accorded to the activities of National Grid, whose key role is to provide and maintain the UK’s core electricity infrastructure. Quite simply, without National Grid providing the necessary transmission infrastructure, much of the UK’s renewables generation would be stillborn.

quotedcleantech

Renewables Demergers – Enhancing Value or Raising Risks?

The Coalition Government’s 32 Action Points

National Grid - central to UK renewables generation

by Nigel Hawkins

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