News

The news flow on the Pennsylvania power auctions was positive: (1) Exelon’s power auction yielded a 15% higher price than expected. (2) The utility commission approved PPL’s long-term procurement plan for 2010-13. This implies that the utility will procure its power via a series of procurement aucti...

Statistics released by the European Wind Energy Association in June show that 36% of all new electricity generating capacity built in the European Union was wind energy, exceeding all other technologies including gas, coal and nuclear power in 2008.

In Japan, Tokyo Electric Power (Tepco) made further progress on the restart of the Kariwa nuclear power station. The 1’356 MW unit 7 reached 50% of capacity during the month. Unit 6 (1’356 MW) is likely to be restarted during the coming two months. The plant restart will materially reduce Tepcos fue...

The Waxman-Markey bill was cleared by the U.S. house committee. During discussions, the impact of the bill was watered from its original state and now plans to give away 85% of the emission allowances for free.

SolarWorld was one of the very few of the solar sector to actually grow Q1 revenues y-o-y (by 5%). Sales guidance of >EUR1 billion for 2009 was reiterated and inventory levels were down again by end-April. The company indicated that markets for SolarWorld are improving, similar to statements made by...

Auf Seite 9 des Swiss Equity Magazin vom 17. April 2009 hatte die EIC die Gelegenheit, den EIC Solar Fund vorzustellen. Im Interview mit Stephan Truffer und Andreas Schneller werden die Besonderheiten des jüngsten EIC-Produktes besprochen.

Recent regulatory orders concerning U.S. utilities indicate that the framework remains supportive despite the current economic downturn. In Florida, the regulator approved a rate increase for the Tampa utility based on a 11.3% allowed ROE (vs. the current 10.3% average for U.S. utilities). Florida P...

Gegenüber dem Vorjahr stieg das operative Ergebnis von E.ON im Jahr 2008 um 7%. Die Geschäftsleitung schlägt eine Erhöhung der Dividende auf EUR 1.50 pro Aktie vor (+9%). Dies entspricht einer Ausschüttungsquote von 50% und einer Dividendenrendite von 6.8%. Die Firma erwartet für das Jahr 2009 ein s...

Solarenergie gehört zu den am schnellsten wachsenden alternativen Energiequellen. Technischer Fortschritt und eine klimaorientierte Energiepolitik machen Solarenergie zu einem attraktiven Investment.

For many years, investors allocated capital to the energy industry mainly for two reasons: On the one hand, oil companies provided investors with some commodity exposure and on the other hand regulated utilities provided investors with the comfort of “safe haven” characteristics. In the meanwhile, s...