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Kosovo confident in winter 24-25 supply: TSO

  • Spanish Market: Electricity
  • 19/09/24

Kosovar transmission system operator (TSO) Kostt is confident it can meet demand over the winter season through domestic generation and imports, Kostt told Argus in an interview ahead of the Energy Week Western Balkans conference.

Domestic generation capacity is not enough to meet demand during periods of high consumption, such as during the winter season, and imports will be necessary during peak tariff periods to meet demand, the TSO said.

Maximum demand over the upcoming winter season is expected to reach 1.45GW, and transmission capacity can reach 1.85GW under normal operating conditions, Kostt said.

Kosovar distribution company Keds and energy supplier Kesko had to import up to 35pc of power during peak periods in December last year, when peak demand reached 1.1GW. Annual maintenance at the 680MW Kosova B lignite-fired plant was completed on 18 August, and the plant is scheduled to be fully available over the winter season.

Constraints on the electric system should be reduced in the upcoming winter season, as Keds has started metering the four Serbian-majority municipalities located in the country's north in January.

Kostt was responsible for supply in the region last year, but received payment through subsidies from the Kosovar government, rather than tariffs. But subsidies were sometimes delayed, which created challenges in balancing real-time deviations within Kostt's control area, the TSO said.

An agreement was reached last year with Serbian state-owned utility EPS subsidiary Elektrosever to normalise power supply for the Serbian majority municipalities, which were not paying for the unauthorised withdrawal of electricity. Elektrosever is now responsible for supply in the region and submits daily nominations and adheres to balancing requirements, although Kostt still meets its financial requirement to cover losses in the transmission system. There have been no violations of the operational terms since the agreement went into effect on 1 January, Kostt said.

"System operations have become more stable, and deviations are now within the Entso-e acceptable limits," Kostt said. And Elektrosever has agreed to Kostt's request to submit an electricity supply plan for the region for 2025.


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24/09/24

Leaders call for fast-tracking renewable projects

Leaders call for fast-tracking renewable projects

New York, 24 September (Argus) — Countries need to fast track permitting processes for renewable projects and build more transmission infrastructure to meet the goal of tripling global renewable capacity by 2030, leaders said at the Global Renewables summit today. At the UN's Cop 28 climate summit in Dubai last year, countries agreed to take action to triple global renewable energy capacity from 2022 levels by 2030 and to double energy efficiency. Almost a year later, there are major barriers that are impeding investment needed to boost a faster expansion of renewables. "We must double down on implementation," European Commission president Ursula von der Leyen said at the event in New York, New York. Permitting has become a major barrier for developers to build their renewable and transmissions projects within the timeframes originally set, leading to delays and rising costs. This is turn creates uncertainty for investors interested in providing funds for the development of projects and expecting returns, speakers said. Countries' nationally determined contributions (NDCs) to reduce greenhouse emissions not only need to show their renewable capacity targets but also their electricity grid goals that allow the flow of renewable electricity and accelerate the growth of renewable capacity, Cop 28's president Sultan Ahmed Al Jaber said. Sorting out these bottlenecks with the proper regulations and policies will create certainty for investors and attract more project financing, leaders agreed. This year's Cop 29 will focus on speeding the delivery of goals set at Cop 28 as well as expanding and adding new solutions for the integration of renewables. Cop 29 president-designate from Azerbaijan Mukhtar Babayev said that they hope countries back a pledge to increase global energy storage capacity to 1.5GW by 2030 and to add or refurbish more than 80mn km (49mn miles) of electricity grids by 2040. By Jacqueline Echevarria Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.

Spain approves new national energy and climate plan


24/09/24
24/09/24

Spain approves new national energy and climate plan

London, 24 September (Argus) — Spain approved a new draft national energy and climate plan (Necp) on Tuesday, alongside a new law regulating offshore wind capacity auctions. The cabinet approved the new plan for 2030, which will be sent to Brussels in the coming days, environment minister Teresa Ribera said on Tuesday. The new draft lays out Spain's goal of reaching 81pc of generation from renewables by 2030, but the final text will be made public in the official gazette in the coming days, alongside a new law regulating offshore wind capacity auctions, Ribera added. Spain could use up to 0.46pc of its territorial waters for offshore wind and tidal projects. But the country's fishing unions have been critical of plans to develop offshore wind plants, with Ribera saying that proximity to other industries, such as fishing, will be one of the factors under consideration in deciding project sites. Spain's deep seabed will require floating offshore wind farms, with only pilot projects currently in operation. This makes the development of offshore wind more complex and expensive, Iberdrola chief executive Ignacio Galan said. By Thess Mostoles Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.

Cop 28 goals ‘feasible’ with right conditions: IEA


24/09/24
24/09/24

Cop 28 goals ‘feasible’ with right conditions: IEA

London, 24 September (Argus) — Goals agreed by nearly 200 countries at the UN Cop 28 climate summit in 2023 — to treble renewables and double energy efficiency by 2030 — are "feasible with the right enabling conditions", energy watchdog the IEA said today. Those targets could "on their own, get the world fully two-thirds of the way to a Paris-aligned energy system by 2030", the IEA said. The Paris climate agreement seeks to limit global warming to "well below" 2°C above pre-industrial levels, and preferably to 1.5°C. But reaching those goals "will hinge on additional international efforts", including countries ramping up ambition in the next round of national climate plans, which are due for submission by early 2025. Today's report from the IEA "can serve as a guidebook for turning countries' collective pledges into action", it said. Countries agreed at Cop 28 to treble global renewable energy capacity to at least 11TW by 2030. This is "within reach thanks to favourable economics, ample manufacturing potential and strong policies", the IEA said. But countries will need to "build and modernise" 25mn km of electricity grids by 2030, and reach 1.5TW of energy storage capacity by 2030, it added. Of that, 1.2TW must come from battery storage, a 15-fold increase on current levels, the report found. The incoming president of Cop 29, Azerbaijan's Mukhtar Babayev, has placed grids and storage in the spotlight . His recently disclosed pledges for this year's summit include one that matches the IEA's recommendation on energy storage, plus seeks to add or refurbish at least 80mn km of grids by 2040. Doubling energy efficiency by 2030 "looks far out of reach under today's policy settings", the IEA said. Hitting that goal could reduce global energy costs by nearly 10pc, it said. Advanced economies should focus on electrification, as electric vehicles and heat pumps are "two- to five-times more efficient than their fossil fuel equivalents", the report found. Emerging markets should strengthen and enforce efficiency standards for new buildings and appliances, while switching from traditional cookstoves to "clean cooking" could save "save more energy annually than the current energy demand of Brazil", the IEA said. But finance is an obstacle. "Clean energy investment is skewed", the IEA said, with the vast majority going to advanced economies and China. The report suggested "stronger and more stable policies to attract private investment", and "more sizable, more targeted and more catalytic international support". The IEA pointed to the new climate finance goal , to be decided at Cop 29, as a key spur. The report recommended "inefficient fossil fuel subsidies" be phased out. "At a time when governments are concerned about the social acceptance of transitions, the fact that globally they spend nine times more making fossil fuels cheaper than they do on clean energy subsidies for consumers is a striking discrepancy", it said. Clear fossil fuel transition policies are necessary, and can "help to set market expectations", the IEA said. New unabated coal plants should not be approved, while "a significant number" of existing coal plants should be retired early. By Georgia Gratton Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.

Japan pushes abatement approach to energy transition


23/09/24
23/09/24

Japan pushes abatement approach to energy transition

Tokyo, 23 September (Argus) — Japan is keen to promote its energy transition approach, focused on carbon abatement technologies, to the wider coal-reliant Asia-Pacific region. The country has accelerated development of carbon abatement technologies to keep fossil fuels in its energy mix and boost energy security and economic growth. Japan, with its G7 counterparts, pledged to phase out "unabated" coal-fired plants by 2035, or "in a timeline consistent with keeping a limit of a 1.5°C temperature rise within reach, in line with countries' net zero pathways". This is a major step for Japan, a resource-poor country. But legislative progress aimed at developing value chains for carbon capture and storage (CCS) and cleaner fuels, such as hydrogen and ammonia, might have encouraged Tokyo to commit, especially since the G7 text allows for some wiggle room. To ensure continued use of its abated thermal power plants, trade and industry ministry has requested ¥11.2bn ($79mn) to support CCS projects, including exploration of CO2 storage sites, for 2025-26, up sharply from the ¥1.2bn budgeted for 2024-25. Japan has yet to set a date to achieve the phase-out target. But it had already promised not to build new unabated coal-fired plants at last year's UN Cop 28 climate talks, while pledging to phase out "inefficient" coal-fired plants by 2030. Less than 5pc of Japan's operational coal fleet has a planned retirement year, according to analysis by Global Energy Monitor, and these might comprise the oldest and least efficient plants. Coal capacity built in the last decade, following the Fukushima-Daiichi nuclear disaster, is unlikely to receive a retirement date without a countrywide policy that calls for a coal exit. Japan's coal demand could decline, to some extent, under global divestment pressure. But the fuel remains key, as the government sees renewables and nuclear as insufficient to meet rising power demand driven by the growth of data centres needed to enable artificial intelligence. Continental divide The country is keen to extend its vision for "various" and "practical" pathways, including abatement technologies, to coal-reliant southeast Asia. This stems from Tokyo's sceptical view about promoting a more European approach to the energy transition — driven by wind and solar power — to Asian countries. Japan stresses the importance of more diversified pathways, including thermal power with abatement. The country aims to spur decarbonisation in Asia-Pacific through a platform called the Asia Zero Emission Community (Azec) initiated in 2022. Asia-Pacific accounts for more than half of global greenhouse gas (GHG) emissions, at 17.178bn t of CO2 equivalent, according to the IEA. In Jakarta last month, 11 Azec countries emphasised the need to co-operate "to decarbonise coal power generation". The platform sets out options such as biogas, hydrogen and ammonia, and retrofitting with CCS and carbon capture, utilisation and storage. Japan's industries have already committed to carbon abatement at coal-fired plants in Asia, leveraging their technological know-how. Tokyo has pledged to provide about $70bn to support decarbonisation globally. This funding is part of wider financial assistance to help mobilise the estimated $28 trillion that Asia requires. To secure the funding, Japan has already issued part of a $139bn climate transition bond and aims to strengthen the financial support through the Asia Zero Emission Centre, the latest Azec initiative, under which transitional finance will be studied further, a trade and industry ministry official told Argus . Japan is on track to reduce its GHG emissions by 46pc by the April 2030-March 2031 fiscal year from its 2013-14 level, and hit its net zero emissions goal by 2050. By Motoko Hasegawa and Yusuke Maekawa Japan CO2 emissions by sector Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.

SE Asian power grid phase 2 to double traded capacity


20/09/24
20/09/24

SE Asian power grid phase 2 to double traded capacity

Singapore, 20 September (Argus) — The Lao PDR-Thailand-Malaysia-Singapore power integration project (LTMS-PIP) will be enhanced under its second phase to double the capacity of electricity traded, Singapore's Energy Market Authority (EMA) announced today. The second phase of the LTMS-PIP will double the amount of electricity traded from 100MW to a maximum of 200MW. The LTMS-PIP was launched in June 2022 , with the project connecting up to 100MW of renewable power supply from Laos to Singapore. The EMA did not disclose details on timelines for the second phase. The expansion of the capacity of electricity traded will be done by introducing multi-directional power trade, under which Malaysia will provide additional supply, said the EMA. This will also boost the development of the Asean power grid to better meet southeast Asia's growing energy demand, said the EMA. Enhancing multilateral and multidirectional electricity trading in the region will strengthen grid resilience and promote energy integration, it added. The EMA has granted an extension to Singapore conglomerate Keppel's electricity import licence for another two years, to support this next phase of the LTMS-PIP. Keppel will be able to import electricity from Malaysia, in addition to Laos . By Prethika Nair Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.

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