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News Archive

Power

Austrian Kelag sets up grid subsidiary amid unbundling requirements

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...

29 Dec 2004 00:00 | EDEM

Gas

Austrian Kelag sets up grid subsidiary amid unbundling requirements

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...

29 Dec 2004 00:00 | ESGM

Gas

Belgian regulator approves main network and storage TPA conditions

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...

29 Dec 2004 00:00 | ESGM

Power

CCGT output soars as Spanish power demand rises 3.5% in 2004

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...

29 Dec 2004 00:00 | EDEM

Gas

Clarification: ESGM 10.251 TTF closing prices

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...

29 Dec 2004 00:00 | ESGM

Power

Curve prices sidewards as spot market softens on New Year’s holiday

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...

30 Dec 2004 00:00 | EDEM

Power

Curve prices soften as axe falls on Calendar’05 Baseload and front month

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,...

29 Dec 2004 00:00 | EDEM

Gas

Dutch GTS to launch second tolerance service after sell-out for first

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...

30 Dec 2004 00:00 | ESGM

Power

EnBW bullish about New Year results after successes in 2004

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...

30 Dec 2004 00:00 | EDEM

Gas

Gazexport in transit deal with Distrigas to increase links with British market

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...

30 Dec 2004 00:00 | ESGM

Gas

Gazprom supply to Ukraine and Europe to continue after Turkmen closure

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...

31 Dec 2004 00:00 | ESGM

Gas

Gazprom-Rosneft tie-up to proceed without Yugansk says minister

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...

30 Dec 2004 00:00 | ESGM

Gas

German association predicts price increases for larger consumers

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...

30 Dec 2004 00:00 | ESGM

Power

Germany’s MVV to raise electricity tariffs by 3.5% from 1st January

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...

29 Dec 2004 00:00 | EDEM

Power

Iberdrola acquires stake in Gamesa following EUR 1bn wind power deal

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...

30 Dec 2004 00:00 | EDEM

Power

Norway’s reservoirs fall 1.8 points; Swedish drop 2.3 points in Week 52

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%...

29 Dec 2004 00:00 | EDEM

Power

Portugal’s EDP buys into gas distribution companies despite EU setback

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...

30 Dec 2004 00:00 | EDEM

Gas

Portugal’s EDP buys into two gas distribution companies despite EU setback

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...

30 Dec 2004 00:00 | ESGM

Gas

Rosneft pays in full for Yuganskneftegaz, Gazprom-Rosneft tie-up on track

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...

31 Dec 2004 00:00 | ESGM

Power

Vattenfall Europe denies rumours of network sale

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...

29 Dec 2004 00:00 | EDEM

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