Will the power sector lastly flip a revenue? “For the primary time in a very long time, shopping for shares within the enterprise is sensible”

When ought to such exercise be anticipated? In keeping with the skilled, no radical change shall be doable within the subsequent two years. This 12 months is already midway by, nothing will occur earlier than the tip, and if a plan is created, it will likely be carried out in 2025 and the adjustments shall be seen solely from 2026.

Power firm analyst: Coal-fired energy vegetation don’t have any probability of recovering from losses

As Maj predicts, sooner or later the coal power sector has no probability of recovering from losses. The capability market, which particularly helps coal-fired energy vegetation, shall be in place till the tip of 2025, after which its operation may be prolonged till 2028. Nonetheless, throughout this era, no extra contracts shall be awarded to finish, and no. extra assist tools is launched, reminiscent of a chilly or heat reserve.

– First, the European Fee wouldn’t comply with extra funding than the capability market – explains the skilled Ipopemy Securities.

The inconvenience for corporations related to holding coal property on their stability sheets doesn’t finish there, because it additionally results in a rise in financing prices. Once they concern loans for the required investments within the growth of renewable capacities, they need to consider that their standing as giant CO2 emitters will enhance the related prices.

– Nonetheless, the goal price to acquire financial institution financing will rely on the construction of the group, together with: relying on which a part of their debt the state will take over – provides the analyst.