Bucharest Stock Exchange / Bursa de Valori Bucuresti (BVB)’s Post

Romania: Electrica included in FTSE Russel Global Equity Index Series #Benchmark #BucharestStockExchange #DistributionCompany #Electrica #Electricity #FtseRussell #Romania #Shares #SupplyCompany https://lnkd.in/deBEJbWQ

Milena Videnova, CEO of Axpo Bulgaria and Board Member at the Association of Traders with Energy in Bulgaria (ATEB), will join today’s "Market Coupling and Trading opportunities in South Eastern Europe" session at 14:45, at the ETCSEE - Energy Trading Central & South Eastern Europe Conference 2024. Milena will share her insights on:  📌 The impact of the Carbon Border Adjustment Mechanism (#CBAM) on the region, addressing key challenges and potential solutions. 📌 Market liquidity issues in Southeast Europe (SEE) and how the regulatory environment can be improved to boost liquidity. 📌 Developing and supporting fair, transparent, and free markets in SEE countries. 📌 Factors affecting #renewable energy source (RES) penetration and their impact on markets. 📌 The market outlook for SEE, including trends, price expectations, and key drivers. We look forward to seeing you at #ETCSEE2024 and discussing the future of power trading in South Eastern Europe. 🌍 #AxpoBulgaria #Axpo #EnergyTrading #SEE #RenewableEnergy 

A fascinating panel discussion at the ETCSEE - Energy Trading Central & South Eastern Europe Conference 2024 with Milena Videnova, CEO of Axpo Bulgaria and Board Member at the Association of Traders with Energy in Bulgaria (ATEB). She assessed the current state and future prospects of the #energy market in Southeast European (SEE):⚡ 📌 Impact of #CBAM: While not yet clear how the CBAM mechanism will work, charging imports from producers in Serbia, Turkey, North Macedonia is expected to increase the prices in Bulgaria and Greece, unless the additional RES capacity to be installed till 2026 will offset to a great extent the CBAM impact; 📌 Enhancing Liquidity: The SEE countries should prioritize developing a fair, transparent, and free market to increase liquidity. 📌 Capacity Allocation and Regulatory Harmonisation: Establishing a fair and transparent method for allocating capacity, whether through market forces or regulatory intervention, is crucial for all SEE countries. Harmonising regulatory policies will help overcome current hurdles and promote regional trading, ultimately benefiting consumers. 📌 Challenges and Opportunities for RES: SEE has excellent conditions for RES installations but faces a lack of strong industrial demand. Generators are struggling to secure local PPAs for their projects and often seek opportunities in Central European markets. 📌 Market Outlook: energy prices have stabilised, and more predictable and subdued levels are on the horizon. The long-term forecast is bearish, but past events indicate that significant and unforeseen developments can still disrupt markets. 🙏 Thank you to the #ETCSEE2024 organisers and participants for a thought-provoking discussion! #AxpoBulgaria #Axpo #ATEB #EnergyTrading #SEE #RenewableEnergy

Hidroelectrica, the Romanian hydropower giant, celebrates one year since its listing on the Bucharest Stock Exchange! 🎉🌊. More info, bellow. Full page, in the comments. Thank you Borbèly Kàroly. Good comments and conclusion of the story so far from Alexandru Ilisie. "Although we have witnessed significant increases over the past year and the trading multiples of local companies are higher than in the past, it is still not too late for someone who decides to invest for the long term".  Congratulations to all stakeholders on this milestone! 🚀📈 #BursaDeValoriBucuresti #Hidroelectrica #Investments #Anniversary #StockMarket

As the moderator of the "New electricity market design – get ready!" panel, it would be my privilege and pleasure to participate in the upcoming Belgrade Energy Forum #BEF2024," says Dejan Stojcevski on the occasion of our coming event (May 13-14, 2024) The COO of SEEPEX A.D. - Adex Group also said: "The ongoing #energytransition, coupled with the recent #energycrisis and intricate geopolitical dynamics, necessitates a thorough reassessment of our current #marketdesign. Addressing these challenges demands innovative solutions that align with both the present energy landscape and future aspirations, notably the imperative goal of achieving #zeroemissions by 2050 as outlined in the Green Agenda. The forthcoming market design must be tailored to facilitate and support the realization of these objectives.   ✳ During our panel discussion scheduled on May 14 at 1:50 pm, we will delve into various pressing topics, including the dynamics of the internal European market, the incorporation of non-EU countries into this framework, #electricitytrading challenges within and outside the EU, the implications of Carbon Border Adjustment Mechanism #CBAM on electricity trade, the phenomenon of #negativeprices and its consequences for #renewableenergy development and integration, the role of financial derivatives and long-term contracts in mitigating price volatilities, projections of future price behaviors, corporate mergers' role in enhancing spot market efficiency, and regulatory measures aimed at promoting a more efficient marketplace.   🙌 🙌🙌 We are delighted to welcome esteemed panelists: Jasmina Trhulj from Energy Community, Zoran Vujasinović representing EU Agency for the Cooperation of Energy Regulators (ACER), Jerome Le Page from Energy Traders Europe, and Anže Predovnik from BSP Energy Exchange LL C - ADEX Group. These distinguished experts will offer insights and perspectives on the imminent challenges we face. I look forward to your participation in our discussions at the conference. This will be an excellent opportunity for you to engage with our panelists, ask questions, and contribute your thoughts to the dialogue."

Half year results to 31 March 2024 announced this morning - and what a good performance! Highlights from our interim report: 📈 Strong results across the board: all business areas - Generation & Distribution, CKW and Trading & Sales - contributed to the reporting period's positive results. The Axpo Group adjusted EBIT came to CHF 1,476 million. 💼 Equity strengthened and financial flexibility increased: equity continued to grow, amounting to CHF 12,848 million. Liquidity amounted to nearly CHF 7 billion. #Axpo has a net financial position of CHF 618 million. 💰 Positive cash flow: as anticipated, while collateral payments for hedging Swiss electricity production continued to flow back to the company, they did not reach the levels seen in the previous year. The free cash flow amounted to CHF 225 million. 🌱 Investments: gross investments – particularly in #renewables and the further expansion of power grids – amounted to CHF 203 million. Net investments totalled CHF 134 million.  🔎 Outlook: given the global political situation, markets remain unstable and future developments uncertain. Despite these challenges, we are making good headway and continue to successfully implement our diversified corporate strategy. Really proud of our #Axpo team and my thanks to everyone who has, and continues to contribute every day to our goals, purpose and mission. The interim report and analyst presentation are available here ➡ 🔗 https://lnkd.in/eTCyjcRs  #halfyearresults #financialresults #performance #delivery

📢'#REEs are indispensable enablers of modern digital renewable consumer technologies, with trillions of Euros in market size.' REIA - The Global Rare Earth Industry Association weekly news featuring the World #Energy Investment Report by the International Energy Agency (IEA), the upcoming #RareEarth Mines, Magnets & Motors event hosted by Adamas Intelligence in September and more 👇 #magnetsmatter #sustainablecrms4eu #strategicrawmaterials

We're delighted to announce the upcoming USAID’s South Asia Energy Series on Electricity Derivatives. The first in the series on the theme focuses on 'Mitigating Power Market Risks with Electricity Derivatives.’ The session is being organized under USAID’s South Asia Regional Energy Hub (“the Hub”) in collaboration with regulators, policymakers, commodity exchanges, and power market participants. This session will be pivotal in promoting the understanding of the dynamics of electricity derivatives, including:  🔹 In-depth insights into electricity derivatives 🔹 Global experiences and anticipated products 🔹 Risk mitigation on electricity trades 🔹Managing price volatility risk alongside physical electricity delivery   📅 Monday, February 19, 2024 🕑 2 PM to 4.10 PM IST 💻 Register Here - https://lnkd.in/ggJmcavP Don't miss the chance to enhance your knowledge and stay ahead in the ever-evolving landscape of power markets. #ElectricityDerivatives #EnergySeries #PowerMarkets #PowerSector #CleanEnergy #RenewableEnergy #PowerSmartTrading #PowerMarketResilience #ElectricityHedging USAID USAID India South Asia Regional Energy Partnership (SAREP) Monali Zeya-Hazra Apurva Chaturvedi Matthew Tiedemann Rakesh Goyal Farah Ahmed Bhumika Suri Pramod Thakur Namrata Mukherjee PTC India Limited Multi Commodity Exchange of India Ltd. Ruchi Shukla RAJESH CHERAYIL

💹 Axpo further diversifies financing with Samurai loan The new financing - JPY 42 billion or around CHF 250 million - has been agreed with a syndicate of 20+ Japanese banks and Samurai investors. It includes a #sustainability component and will be used for financing current business and growth initiatives, such as #renewableenergy projects in Switzerland and abroad. 💬 "Financing the #energytransition is one of the biggest challenges of our time, so every additional source of financing expands our flexibility to invest in a greener future. This loan underscores the confidence of the stable Japanese financial market in Axpo's business model, strategy and robust financial situation,” said Harald Gauck Axpo Group CFO. In a nutshell 👇 ➡ The new facility is for a three-year term ➡ The transaction was well received by the Japanese market and closed oversubscribed. ➡ With the fourth-largest economy in the world, Japan’s financial market is one of the most stable. 🔗 More details here: https://lnkd.in/eg9WCwtZ

Exciting developments are underway in the #CCUS sector! Companies are making notable #merger and acquisition #investments in advancing CCUS and DAC technologies, while also targeting untapped #CCS potential. Oil and gas companies are taking the lead, dominating various deal types, alliances, and CO2 storage awards. Investment hotspots are emerging in key industrial zones, especially in North America and Europe, aligning with significant #emission reduction targets. The current M&As aim to acquire expertise and technology in #decarbonizing operations and expanding storage resources, ultimately establishing a sustainable and profitable business model within the CCUS sector.  To learn more about these exciting opportunities and the latest trends in the CCUS M&A, key buyers, active regions, company strategies, check out our latest report ‘Carbon capture/CCUS M&A market: Global trends’. Contact Kallol Saha (kallol.saha@spglobal.com) and Anushil Roy (anushil.roy@spglobal.com) to get a copy and explore how you can be a part of this transformative sector.