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News Archive

Power

Czech CEZ acquires majority stakes in two Polish coal plants

The Czech Republic’s leading power generator, CEZ, on Tuesday signed an agreement with US firm PSEG Global to buy major stakes in two Polish coal-fired heat and power plants, situated near the...

31 Jan 2006 00:00 | EDEM

Gas

Dutch Gasunie closes open season for Rotterdam LNG plant

Dutch gas transmission company Gasunie is closing the open season for its planned LNG terminal in Rotterdam on 28th February, business development manager Piet Kager said this month. The target...

31 Jan 2006 00:00 | EGM

Power

Dutch utilities step up action to stop commercial unbundling of networks

Dutch utilities are stepping up action to stop the country’s unbundling bill, which goes beyond EU requirements of a legal separation of transmission and production activities, and foresees a...

31 Jan 2006 00:00 | EDEM

Gas

EU gas demand from power generation lower than expected

Gas demand from power generation over the next ten years will not grow as fast as has been previously assumed, according to a new report by the Oxford Institute for Energy Studies.The report, Future...

31 Jan 2006 00:00 | EGM

Gas

European deliveries remain down despite Russia-Ukraine deal

Russian gas deliveries to Europe remained down during the second half of January caused by severe weather across Russia and much of eastern Europe. Gazprom retained some export volumes to meet...

31 Jan 2006 00:00 | EGM

Gas

Focus on EU Emissions Trading Scheme

The first year of the European Union’s Emissions Trading Scheme (EU ETS) has seen power spot prices rise 57% on average across Europe, as generators are obliged to monitor their carbon footprint,...

31 Jan 2006 00:00 | EGM

Gas

German incumbents win TPA concessions

The dust was still settling as EGM went to press following the latest developments in network access in Germany – where it appears the German incumbents may have secured measures which will continue...

31 Jan 2006 00:00 | EGM

Gas

German watchdog bans Ruhrgas’ long-term contracts

Germany’s Federal Cartel Office (FCO) announced this month that it had decided to ban E.ON Ruhrgas long-term sales contracts and had imposed the “immediate enforceable clause” as of 17th January. The...

31 Jan 2006 00:00 | EGM

Gas

Inadequate storage delaying secondary gas market in Spain

The creation of a secondary gas market in Spain is being delayed by inadequate storage facilities, the Spanish energy regulator Comision Nacional de la Energia warned this month. Speaking at a...

31 Jan 2006 00:00 | EGM

Gas

Inadequate storage facilities delaying secondary gas market in Spain

The creation of a secondary gas market in Spain is being delayed by inadequate storage facilities, the Spanish energy regulator Comision Nacional de la Energia warned on Tuesday. Speaking at a...

31 Jan 2006 00:00 | ESGM

Power

Italian Terna to invest EUR 2 billion; dividends to rise over 3% annually

Italian grid operator Terna plans to invest over EUR 2 billion between 2006 and 2010 and has guaranteed at least 3% growth in dividend policy from 2005, the company announced in its 2006-2010...

31 Jan 2006 00:00 | EDEM

Gas

Nazftogaz and RosUkrEnergo JV fails to materialise

Ukrainian Nazftogaz and RosUkrEnergo (RUE), a Swiss registered intermediary company, have so far failed to sign an agreement to establish a joint venture company to sell gas to Ukraine. The deal was...

31 Jan 2006 00:00 | EGM

Power

Record gas demand in Spain on Monday

Spanish gas network operator Enagas said on Tuesday national gas demand had reached a record high of 1,543 GWh on Monday 30th January, up 7 GWh on the previous record set last Friday. The previous...

31 Jan 2006 00:00 | EDEM

Power

Russia’s Gazprom raises stake in UES to 11.6%

Russian gas major Gazprom increased its stake in the country’s electricity monopoly UES (Unified Energy Systems) to 11.6% from 10.5% in Q3 ’05, the company revealed in its January-September 2005...

31 Jan 2006 00:00 | EDEM

Power

Security of supply Directive highlights development of wholesale market

Encouraging the establishment of liquid wholesale markets is a key point of the newly adopted EU Directive on measures to safeguard security of electricity supply and infrastructure investment,...

31 Jan 2006 00:00 | EDEM

Gas

Spain keeps 150,000 m3 LNG in tanks off Gibraltar

Two LNG cargoes totalling 150,000 cu me (1,000 GWh) lie moored off the Strait of Gibraltar, Spanish gas transporter Enagas confirmed to EGM. The tankers in question are the Methan Arctic, carrying...

31 Jan 2006 00:00 | EGM

Power

Spanish power demand up 4.4% in 2005

Spanish power demand increased 4.4% in 2005 to 250.8 TWh, according to data published by the national industry group UNESA on Monday. Demand in January rose 4.1% to 23,400 GWh compared to the same...

31 Jan 2006 00:00 | EDEM

Gas

TAG capacity auction highlights problem of regulating transit

Early reports on the recent auction for capacity in the TAG pipeline expansion include unconfirmed rumours that some bidders broke the auction rules in order to secure more capacity than they were...

31 Jan 2006 00:00 | EGM

Power

UK government must establish incentives for clean coal – Mitsui Babcock

The UK government must establish incentives for the development of clean coal generation similar to those employed for renewable generation as part of its energy review, UK-based engineering group...

31 Jan 2006 00:00 | EDEM

Gas

Who stayed on the pipeline?

It is well known that Konstantin Chuychenko and Oleg Pal’chikov are directors of RUE. Chuychenko – formerly a member of the KGB – is from St Petersburg and a member of the Gazprom managing board...

31 Jan 2006 00:00 | EGM

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