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News Archive

Power

46% of French eligible clients unaware they can switch suppliers

Two years after the first wave of market liberalisation in France, a total of 46% of French eligible clients (power and gas clients included) still do not realise they can switch suppliers, a joint...

30 Jan 2007 00:00 | EDEM

Power

550 MW Finland-Sweden cable on track for 15th February restart

The restart of the 550 km Fenno-Skan cable linking Finland and Sweden is on-schedule for 15th February, with repair work underway and progressing well, Finnish network operator Fingrid said on...

30 Jan 2007 00:00 | EDEM

Power

British Energy’s Eggborough bondholders combine holdings in new company

A consortium of bondholders in British Energy’s Eggborough coal-fired power plant has established a new company to consolidate their combined 74% holdings in the Eggborough CTA Bonds. The bonds...

30 Jan 2007 00:00 | EDEM

Gas

British Ofgem awards 4 shipper licences

British regulator Ofgem on Monday granted four new shipper licences to UBS AG London Branch, UBS Limited, Westpac Banking Corporation and the London Borough of Camden. BF

29 Jan 2007 00:00 | ESGM

Gas

Denmark’s Dong Energy sets date for second gas release auction

Denmark’s incumbent gas supplier Dong Energy has confirmed the date of its second gas release auction — April 26th — according to a company announcement on Tuesday.The process starts on 23rd...

30 Jan 2007 00:00 | ESGM

Power

Dutch Nuon and Essent set to strike deal in “near future”

Talks on a possible merger between Dutch utilities Essent and Nuon are “in a serious stage”, a spokeswoman for Essent told Heren Energy on Tuesday. “We will see if we can come to a result in the near...

30 Jan 2007 00:00 | EDEM

Power

EU energy body calls for more cooperation between TSOs

Last November’s pan-European blackout highlights the need for more cooperation between European transmission system operators (TSO), according to a report from the union for the coordination of...

30 Jan 2007 00:00 | EDEM

Gas

Gazprom considers sale of petrochemical affiliate Sibur

Gazprombank is considering the sale of shares in the giant petrochemical company Sibur Holding, either to a strategic investor or on the stock exchange, according to Russian daily Vedomosti. Sibur...

30 Jan 2007 00:00 | ESGM

Power

German renewable production up 15% y-o-y to 73.2 TWh in 2006

German renewable energy production grew 15% year-on-year to 73.2 TWh in 2006, according to preliminary figures published by the national association of the electricity industry, VDEW.Renewable output...

30 Jan 2007 00:00 | EDEM

Gas

Italian decree to maximise imports to be suspended on 1st February

A decree forcing shippers to maximise Italian gas imports will be suspended from 1st February, the country’s economic ministry confirmed on Tuesday. Following a meeting last Thursday, the ministry’s...

30 Jan 2007 00:00 | ESGM

Gas

Norway’s 20th licensing round delayed until 2009; APA awards announced

Oil and gas E&P companies on the Norwegian continental shelf (NCS) will have to wait another year to get their hands on exploration licences, with an announcement by the Ministry of Petroleum and...

29 Jan 2007 00:00 | ESGM

Power

Second wave of French production data available from mid-Feb

French Electricity Association (UFE) will make available ex ante production data on a daily basis from 12th February, it said late on Monday in a joint statement with national grid operator RTE.Since...

30 Jan 2007 00:00 | EDEM

Power

Spain’s Endesa close to record power contract - report

Spain’s power incumbent Endesa is on the verge of signing a record electricity contract with the association of energy intensive businesses (AEGE) worth up to EUR 1.5 billion, according to reports in...

30 Jan 2007 00:00 | EDEM

Power

Spain’s hydro levels fall, but remain high y-o-y

Spanish hydro-power stocks fell to 75.1% fullness in Week 4, according to data released by the Spanish environment ministry. Available hydro-power stocks fell to 11,654 GWh. This is approximately...

30 Jan 2007 00:00 | EDEM

Power

Swedes accused of making a hash of safety at Forsmark nuclear plant

The operator of Sweden’s Forsmark nuclear power station came under media criticism on Monday after it emerged that a number of staff had been involved in drug and alcohol abuse. In an internal...

30 Jan 2007 00:00 | EDEM

Gas

Trinidadian LNG arrives in UK on schedule; arbitrage opportunities slim

The delivery of LNG into the UK’s Isle of Grain terminal continues to run to schedule, despite prompt prices that have struggled to get above 30.00 p/th ($5.9/MMBtu). The 138,000 m3 British Innovator...

29 Jan 2007 00:00 | ESGM

Gas

Turkey’s 2007 gas demand forecast at 36.2 Gm3 — report

Turkey’s Energy Market Regulatory Authority (EPDK) announced on Tuesday that the country would need approximately 36.2 billion cubic metres (Gm3) of gas in 2007 to keep up with domestic and...

30 Jan 2007 00:00 | ESGM

Emissions

UK committee calls for increase in low-carbon heat

The British parliament’s trade and industry select committee will on Tuesday question the increasing focus on promoting low-carbon sources of electricity at the expense of low-carbon heat...

29 Jan 2007 00:00 | EDCM

Power

UK Heren Index for February down 47% year-on-year at £31.61/MWh

The February 2007 UK power Heren monthly index stands at £31.61/MWh, down 41% from a year ago. The February ’07 index is 24% below that for January ‘07 and is the lowest monthly index since June...

30 Jan 2007 00:00 | EDEM

Gas

UK’s Rough storage sells despite capacity constraints but price will drop

Despite recent capacity restraints at Easington, the entry point for the UK’s Rough storage capacity, operator Centrica Storage Limited (CSL) announced on Monday that it has sold all of its minimum...

30 Jan 2007 00:00 | ESGM

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