Join our German BESS webinar “The next frontier” on 28th November
14 Nov 2023
Topic: “The next frontier” – The drivers behind a surge in German battery investment
Time & access: Tues 28th Nov 09:00 GMT (10:00 CET, 16:00 SGT)
Registration: Pre-registration required (access is free); webinar registration link – register here
Focus:
- Fundamental value drivers (e.g. RES growth, thermal retirements)
- DE BESS revenue stack breakdown & backtest
- How the within-day market is driving value capture
- Financing & offtake structures
- Key policy & investment risks
Any Qs please contact steven.coppack@timera-energy.com
Timera is recruiting – like a new job?
26 Oct 2023
We are seeing a strong increase in client demand for our service, as the energy transition and focus on flexibility gathers pace. As a result we are actively looking to expand our team by recruiting both Analysts and Senior Analysts.
We are looking for people with strong commercial, analytical & problem solving skills to join our vibrant team. Our packages are very competitive and we have a strong focus on work / life balance. If you are interested in more details see Working with Timera.
Click here for a description of the roles we are looking to fill:
If you are interested, please send a CV to recruitment@timera-energy.com
Timera publishes Global Gas Report
13 Oct 2023
We have just published our H2 2023 Timera Global Gas Report with comprehensive analysis of the evolution of the LNG & European gas markets. The Report covers:
- Market state of play – analysis of current state of play in the LNG & European gas markets (vs history)
- Timera projections – Our modelling of the evolution of global market supply & demand balance to 2040
- Market flex – Our modelling of evolution of S&D flex & market regimes that drive prices (e.g. JKM, TTF, HH)
- Pricing dynamics – Our analysis of marginal pricing dynamics (e.g. spreads, volatility & correlation)
- Value drivers – Commercial conclusions on the impact of market evolution on gas portfolio value & risk
This Report forms part of our recently launched quarterly subscription service. For a free sample copy of the report you can contact David Duncan (Director of LNG & Gas) david.duncan@timera-energy.com .
Join our LNG webinar “A new lens” on 17th October
22 Sep 2023
Topic: “A new lens” – how shifting pricing dynamics are set to drive LNG portfolio value
Time & access: Tues 17th Oct 09:00 BST (10:00 CET, 16:00 SGT)
Registration: Pre-registration required (access is free); webinar registration link – register here
Scope:
- Market regime shift set up from 2024 into 2030s
- Marginal drivers of regional price spread evolution (e.g. HH vs TTF vs JKM)
- Evolution of price volatility & correlation + value impact
- Why crude vs gas pricing is set to be a big LNG portfolio value driver
- Brent SPA case study quantifying valuation breakdown
Any Qs please contact david.duncan@timera-energy.com
Timera Energy are speaking at Gastech 2023
2 Aug 2023
David Duncan (Director of LNG & Gas) will be speaking at Gastech 2023 in Singapore, on 5th September.
Please get in touch with David (david.duncan@timera-energy.com) if you would like to catch up on the services Timera Energy provide, LNG Bridge, our quarterly Global Gas Service or anything else.
Speaking slot:
- Tuesday 5th September
- 14:45-15:45
- Managing short-term market dynamics
- “New market regime a game changer for LNG portfolio strategy”
Timera launches quarterly Global Gas Service
24 Jun 2023
We have recently launched a quarterly Global Gas Service. A quick summary:
- Detailed analysis, quantifying evolution of:
- Market supply & demand balance
- Pricing dynamics
- Asset value impact & conclusions
- Comprehensive quarterly projection dataset & chartbook
- Detailed slide-based report
- Direct access to our experts
For more details see our brochure here.
You can also contact David Duncan – Gas & LNG Director (david.duncan@timera-energy.com) or Olly Spinks – Managing Director (olly.spinks@timera-energy.com).
Join our webinar on LNG market evolution on 14th Jun 2023
9 May 2023
Topic: “What next?” – a framework for analysing LNG market evolution & portfolio value drivers in a post-crisis world
Time & access: Wed 14th Jun 09:00 BST (10:00 CET, 16:00 SGT)
Registration: Pre-registration required (access is free); webinar registration link – register here
Scope:
- Market regime framework for price evolution to 2035
- Downside risks e.g. 2023 and 2026-28 vs potential re-tightening e.g. 2024-25
- How marginal pricing dynamics are shifting post-crisis (e.g. JKM vs TTF vs DES NWE)
- Why price volatility is structurally increasing
- Implications of new market dynamics for LNG portfolio value (e.g. US tolls, regas, shipping)
Any Qs please contact david.duncan@timera-energy.com
Join our webinar on EU battery investment April 20th
22 Mar 2023
European battery investment webinar on April 20th 2023
Topic: “Targeting EU battery value” – revenue stack, opportunities & challenges for BESS investors across EU
Time & access: Thurs 20th Apr (2-3pm BST, 15-16 CET), free to attend
Registration: Pre-registration required (access is free); webinar registration link – register here
Scope:
- Ranking BESS investment potential across EU markets
- BESS revenue stack structure (energy arbitrage, ancillaries, capacity)
- Evolution of key price signals & revenue drivers
- Investment challenges (e.g. policy, network charging)
- Key BESS investment case drivers
- Q&A section
Any Qs please contact steven.coppack@timera-energy.com
2022 Timera client work review
12 Dec 2022
A round up of interesting Timera client work this year, that provides an insight into where flex asset investors and owners are focusing:
- EU batteries: High price volatility and ancillary service market reform (e.g. aFRR) drove a big increase in clients engaging us to support BESS investment across Western Europe. Key focus markets this year: Netherlands, Belgium, Germany, Italy & Spain.
- GB batteries: Capital deployment by GE BESS developers so far remains a level above EU markets. We have also seen a rapid pick up in transaction work driven by BESS portfolio aggregation & new entrants looking to acquire sites (given connection access constraints).
- Hydrogen: We have seen a strong client shift in 2022 to focus on specific project investment case development as policy support take shape. Optimisation of site design is a key focus e.g. sizing & flex of electrolyser, storage & offtake.
- LNG portfolio construction: Europe’s pivot to LNG has driven strong client engagement for us to provide contract & portfolio valuation analysis. Key focus areas are new SPAs (US flex focus), regas capacity additions & re-negotiation of contract structures / pricing.
- EU regas & midstream: We have seen a specific client focus on investment in EU regas capacity. This has been both supporting clients understand the value impact of buying capacity & supporting developers structure offtake options.
- Peaking flex: We continue to work with peaking asset owners & investors on analysing market & asset margin dynamics. We have also worked with several clients on retrofitting & repowering peakers with hydrogen in the 2030s.
- Colocation: We have done a number of engagements on BESS sizing and revenue stack impact of colocation (both wind & solar). RES investors are also increasingly asking us to analyse diversification benefits of adding BESS to RES portfolios.
- Transactions: Our commercial due diligence & valuation support this year included BESS portfolios across GB, Benelux, Italy & Spain (several with RES colocation focus). We also supported major LNG portfolio & midstream gas processes. Thermal power transactions were quieter relative to previous years.
Join our battery investment webinar on Nov 24th
17 Nov 2022
Topic: “Beyond ancillaries” – structural shift in GB battery revenue stack from ancillaries to energy arbitrage
Time & access: 14:00-15:00 BST, 15:00-16:00 CET; free access
Registration: Pre-registration required (access is free); register here.
Scope:
- Evidence of ancillary service revenue saturation (DC, FFR)
- Surging ‘energy arbitrage’ price signals (intraday price shape & volatility)
- Growing importance of Balancing Mechanism in driving BESS revenues
- Backtesting analysis of GB BESS asset revenue capture (2018-22)
- State of play: key BESS investment case drivers & risks
Any Qs please contact steven.coppack@timera-energy.com.