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News Archive

Gas

BBL Company backs auction system for reverse flow service

The BBL Company has decided to employ an auction system to allocate capacity for its planned non-physical interruptible reverse flow (IRF) service through...

28 Jan 2010 00:00 | EGM

Gas

Belgium: Day-ahead basis, curve drop

Day-ahead basis dropped once again, as some extra demand for Belgian gas emerged at the NBP and the pipeline was switched accordingly. The basis fell to...

27 Jan 2010 19:52 | ESGM

Gas

Canatxx not giving up after UK storage application denied

US-headed Canatxx vowed to "keep fighting" on Thursday, following the refusal of its planning application for a 1 billion cubic metre Fleetwood gas storage...

28 Jan 2010 15:30 | ESGM

Power

Continental: Freezing temperatures push prompt upwards

The Week-ahead contracts on the French and German prompts continued to strengthen on Wednesday, with cold-weather forecasts continuing into next week driving...

27 Jan 2010 20:53 | EDEM

Gas

Daily oil summary

The main focus of the day was the weekly US inventory data from the Energy Information Administration (EIA), which appearedin the afternoon. During the morning...

27 Jan 2010 20:07 | EDEM ESGM

Gas

Eustream to start physical flow from Austria by year end

Slovak gas transmission system operator (TSO) Eustream is planning to enable physical reversed flow gas shipment from the Austrian hub Baumgarten into Slovakia...

28 Jan 2010 15:45 | ESGM

Gas

France: Day-ahead closes well above Feb

Increasingly colder temperatures continued to drive prompt prices upwards in France. PEG Nord Day-ahead gained €1.15/MWh session on session, meaning...

27 Jan 2010 19:07 | ESGM

Gas

Gazprom 2010 exports close to minimum take-or-pay levels

Russian Gazprom is expecting a 15% pick up in export volumes to what it terms "far abroad" in 2010. The forecast level is 161 billion cubic metres (Gm³),...

28 Jan 2010 15:53 | ESGM

Emissions

German carbon registry on hacker hit list

A recent hacker threat has now reached a string of registries across Europe, including that in Germany - one of the biggest in Europe. Operations have also...

28 Jan 2010 13:43 | EDCM

Power

German wind power capacity up 15% year on year

The expansion of German wind energy production reached record levels in 2009, said the German Wind Energy Institute (DEWI). DEWI said a total of 952...

28 Jan 2010 00:00 | EDEM

Gas

Germany: Prompt gains a euro as freeze hits

German prices were strong as the country was caught up in the cold snap that is gripping eastern and central Europe, providing substantial support to gas...

27 Jan 2010 20:29 | ESGM

Gas

Italy: PSV premium to TTF dips again

The firm trend across most European traded hubs failed to support PSV prices, and the Italian market's premium against neighbouring markets was slashed as...

27 Jan 2010 18:53 | ESGM

Gas

National Grid opens floor for gas debate

The UK transmission system operator has invited industry participation in the 2010 Transporting Britain's Energy (TBE) process. National Grid said...

28 Jan 2010 15:35 | ESGM

Gas

Netherlands: Cold lifts volumes and prices at TTF

At the TTF on Wednesday, the market was volatile, seeing some record highs for recent months across various products, only to dip back down again at the...

27 Jan 2010 19:40 | ESGM

Power

Nordic traders on tenterhooks as harsh weather approaches

The Nordic region is bracing itself for a further onslaught of cold weather that traders believe may trigger further spot price spikes on power exchange...

28 Jan 2010 00:00 | EDEM

Power

RWE npower considers gas plant option at Tilbury site

RWE npower is considering building a gas-fired power plant at the site of its existing 1.063GW Tilbury coal-fired station. The company says that a...

28 Jan 2010 00:00 | EDEM ESGM

Power

Smart grids could cut Europe’s consumption by 200TWh/year

The implementation of smart grids across Europe could cut consumption by up to 200TWh/year, and emissions by up to 100m tonnes/year. "As consumers...

28 Jan 2010 00:00 | EDEM

Power

Spain: Spot falls and recovers, while the curve edges up

Long-term contracts closed a notch above their levels seven days before, with bearish spot prices and losses in some fuels preventing a further appreciation,...

27 Jan 2010 20:49 | EDEM

Power

UK: Bulls maintain grip on spot; bears claim curve

UK power contracts recorded a mixed reaction to the day's trade on Wednesday, as the majority of curve contracts lost ground, despite the Weekend, Week 5...

27 Jan 2010 20:08 | EDEM

Gas

UK: Prompt edges higher, curve volatile

The prompt market continued its bull run on Wednesday off the back of colder weather forecasts, while curve contracts fell off.Day-ahead finished...

27 Jan 2010 19:29 | ESGM

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