Austrian utility Kärntner Elektrizitäts-Aktiengesellschaft (Kelag) has set up a network subsidiary dubbed Kelag Netz with effect from January which will take charge of power and gas grid operations...

Austrian utility Kärntner Elektrizitäts-Aktiengesellschaft (Kelag) has set up a network subsidiary dubbed Kelag Netz with effect from January which will take charge of power and gas grid operations...

Belgian energy regulator Creg has approved in full the main conditions for access to the transmission network of gas pipeline operator Fluxys, marking the formal launch of liberalisation at federal...

Spanish electricity demand increased 3.5% to 233,551 GWh in 2004, according to provisional figures from the grid operator Red Electrica España (REE). The rise was slightly below the five-year turned...

Please note that the TTF Weekend price assessment as published on Friday (in ESGM 10.251) referred to the twoday block (25th-26th December) rather than the four-day block (25th-28th December), as...

The French power curve moved sidewards on Thursday with little trading activity. “Prices haven’t moved much at all, but some people have been closing off their positions ahead of the holiday,” said...

Prices fell along the French power curve on Wednesday, particularly in the Q1 ’05 Baseload, Calendar ‘05 Baseload and front month products. “There’s been a lot of selling in these contracts recently,...

Dutch gas transmission firm GTS is poised to release further tolerance services for 2005 in the second half of January after demand exceeded supply during the recent release of the first tranche.The...

Following the extraordinary results posted for the third quarter in November this year, Germany’s third largest electricity and gas supplier, Energie Baden-Württemberg says it expects to see a...

Gazprom affiliate Gazexport has signed a 2.5 billion cubic metres per year agreement with Distrigas for the transit of natural gas from Eynatten on the German/Belgian border to Zeebrugge.A spokesman...

Russia’s Gazprom said on Friday it will continue to supply its customers in Russia, Ukraine and Europe despite a suspension of flows from Turkmenistan, according to local reports.The Turkmen ministry...

Confusion reigned in Russia on Thursday as ministers proffered seemingly contradictory statements regarding the final destination and ownership of Yuganskneftegaz (Yugansk).Gazprom’s chairman of the...

German private households and a large number of industrial and commercial energy customers will pay higher prices for power and gas in 2005, according to the German association of industrial energy...

Mannheim-based utility MVV Energie is set to increase its electricity tariffs by 3.5% from 1st January the company said on Tuesday. However, the company maintains the rise is still well below the...

Spanish utility Iberdrola bought 6% of Spanish wind power firm Gamesa on Wednesday as part of its strategy to increase renewable electricity production. Iberdrola paid EUR 148.3 million to IBV, which...

Norwegian reservoir levels decreased by 1.8 percentage point in week 52 according to the latest data supplied by the Nordic power exchange, Nord Pool. Norwegian reservoir levels fell to 71.7%...

Energias de Portugal (EDP) has bought stakes in two local gas distribution companies with 217,000 customers and sales of 2,267 GWh per year. The group will have a 10.11% share in Setgas and 59.55% in...

Energias de Portugal (EDP) has bought stakes in two local gas distribution companies with 217,000 customers and sales of 2,267 GWh per year.The group will have a 10.11% share in Setgas and 59.55% in...

Russian state oil company Rosneft has paid in full, around EUR 7.2 billion, for Yuganskneftegaz (Yugansk), according to reports in local media.But it remains unclear as to where Rosneft, which has...

The German arm of Swedish energy incumbent Vattenfall Europe has rejected media speculation which had suggested it planned to sell its electricity transmission network. The speculation arose as a...