The clean development mechanism (CDM) has dropped off the radar at high-level EU meetings ahead of the Copenhagen summit, a spokeswoman for the EU council has said.When EU environment ministers met...

The European Commission has launched an investigation into whether Czech incumbent CEZ is trying to restrict competition on the wholesale power market. “The Commission has reason to believe that...

The EU might push for fees on the shipping and aviation sectors instead of emissions trading, according to Swedish environment minister Andreas Carlgren.“The EU is calling for the Copenhagen...

Gazprom Ukraine annexe signed Gazprom has confirmed that it signed an annexe to its existing supply deal with Ukrainian NAK Naftogaz Ukrainy on Tuesday, as expected (see ESGM 23 November). In the...

Rovigo LNG slot takenThe first capacity slot offered to the secondary market at Italy’s Rovigo LNG terminal was allocated on Tuesday to Adriatic LNG, the operator of the terminal said. Adriatic was...

France’s water reserves in week 48 were static week on week, standing at 62% fullness, according to data released by local grid operator RTE.During the same period last year, levels were 13...

Fullness at French underground caverns rose by 0.6 of a percentage point week on week, to 99.5%, but were static year on year in the seven-day period to 22 November, according to data released by...

Gazprom declined to confirm reports of delays to the Shtokman project on Tuesday. “The project schedule will be confirmed when the investment decision is made by the shareholders in Shtokman...

Next year’s price of gas to Belarus “will be probably be 30–40% lower than the gas price to comparable territories in comparable countries” Russian president Dmitri Medvedev told a press conference...

Island Gas Resources (IGas) said on Wednesday it had received almost £14m (€15m) to invest in its onshore UK gas activities, in the form of an underwritten placing from various financial...

The cost of transportation via the Turkey-Greece-Italy Interconnector (ITGI) will be less expensive that the Nabucco pipeline, Elio Ruggeri, the CEO of IGI Poseidon (owner of the Greek-Italian link),...

Medgaz, the new pipeline from Algeria to Spain, is still experiencing “some delays”, but will be up and running soon, Edouard Sauvage, senior vice president of gas supply at GDF Suez told ICIS Heren...

Panel members at the European Autumn Gas Conference in Bilbao on Tuesday were highly critical of the slow progress being made interconnecting the French and Spanish gas markets.Juan Ramón Arraibi,...

As CO2 prices slump to their lowest level since mid-June, traders are wondering how low the market can drop ahead of the Copenhagen talks. EUA Year 2009 dropped to €12.60/tCO2e on Tuesday, according...

Market participants have been actively responding with a number of concerns to British regulator Ofgem’s Initial Impact Assessment on the Gas Entry Capacity Methodology, which was published in early...

Snam Rete gas confirmed that Sardinia is due to receive 38 connections on the planned Galsi pipeline. The pipeline is the only economically feasible means of giving the island gas to encourage...

Snam Rete gas confirmed that Sardinia is due to receive 38 connections on the planned Galsi pipeline. The pipeline is the only economically feasible means of giving the island gas to encourage...

Spain is continuing to buy Assigned Amount Units (AAUs) on the open market, with no plans to convert a potential new entrants reserve surplus into AAUs, a government spokeswoman said this week. Spain...

Available Spanish hydro showed a build for the third consecutive week in Week 47, with fullness rising 1.8 percentage points to 8.359TWh (46.7% full), from 7.031TWh (44.9% full) in the previous week,...

US-Nordic consortium NASDAQ OMX/Nord Pool’s N2EX UK power exchange will launch on 11 January 2010, it said on Tuesday. The open-ended nature of the exchange’s start-up had caused suspicion that it...

Vattenfall’s transmission system operator (TSO) Vattenfall Europe Transmission will be renamed 50Hertz Transmission, and operate under the brand name 50Hertz, the group announced on Friday. The...