Are Europe’s gas power generators turning into zombie companies?

“Gas power is losing money hand over fist”

By:Nicholas Newman 12 March 2013

It appears that Europe’s gas generators are in danger of turning into zombie companies,[i]suggests Hugh Sharman Owner, Incoteco (Denmark) ApS. [ii] They finding it increasingly difficult coping with the market created by uncontrolled expansion of “free” but heavily subsidised renewables and the dumping of cheap imported coal from the United States. Unfavourable market conditions and negative gas power generation are forcing companies to lose money hand over fist, suggests Guido Custer Managing Director at Delta Energy.

Gas plants in crisis 

This is particularly the case in both Holland and Germany which is full of zombie gas power plants. It is not surprising that we are hearing about gas power plants like Dong Energy idling, for much of the time, its brand new Rotterdam plant for most of the time. It is cheaper for Dong Energy to buy imported German wind and coal generated electricity at €45 per megawatt hour than produce it themselves at €50 per megawatt hour. Throughout Europe, we are seeing plans to moth ball gas plants by major utilities such as E.on, Statkraft, GDF Suez SA and Centrica Plc. Whilst, Gabrielle Seeling-Hochmuth, head of gas strategy at Vattenfall’s gas competence centre, suggested, that the company is unlikely in the next few years for the company to invest in new gas capacity, unless aready proposed.

http://www.oxfordprospect.co.uk/Are-Europes-gas-power-generators-turning-into-zombie-companies.html

Piotr Krupa – A Krakow Troubadour in Oxford.

By: An interview by Jolanta Ryba 19 February 2013

 
Piotr Krupa, aged 50, is one of Poland’s foremost poets and musicians. He is a leading example of the Polish troubadour style of music, in the use of guitar and harmonica. In addition, he is director of a Polish cultural centre in the town of Chobot near the country’s artistic capital of Krakow. Piotr has appeared regularly on Polish radio and television with much acclaim.

Recently, this well-known troubadour was invited by Oxford’s Polish Association to perform his unique yet popular style of music for many of Oxford Polish community, homesick for Polish culture at their Saint Valentine’s Day Concert. http://www.oxfordprospect.co.uk/Piotr-Krupa-A-Krakow-Troubadour-in-Oxford.html

Oxford chiropodist

“Oxford chiropodist”

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• Home visits by appointment
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Storing the spark! An overview of the current state of power storage

Storing the spark! An overview of the current state of power storage

“This feature takes an overview of some of the issues, challenges, costs and problems that face power storage.”

By: Nicholas Newman 1 November 2012

There is increasing concern about how to integrate renewable energy into the grid. One technology being examined is power storage as a method to overcome the intermittency issues of renewable power. http://www.oxfordprospect.co.uk/Storing-the-spark!-An-overview-of-the-current-state-of-energy-storage.html

DEC Oxford Ltd

DEC Oxford Ltd “ELECTRICAL CONTRACTORS”

Electrical services in Oxford, Oxfordshire
D E C Oxford Ltd are an electrical services company with over 30 years of experience in the business.
Our customers include several of the Oxford colleges, the Area Health Authority, various building companies, and countless private customers.
Our fully trained staff are members of the National Inspection Council for Electrical Contractors (NICEIC) and are also Part P registered. http://www.oxfordprospect.co.uk/DEC-Oxford-Ltd.html