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News Archive

Gas

2007 Review and Market Outlook for 2008: PEGs

Market developmentsDespite ongoing efforts by the regulator to bring about more competition, the French gas market continues to struggle to make real progress in liberalisation. In late December...

31 Dec 2007 00:00 | ESGM

Emissions

BOT may cut production if its EUAs fall

Poland’s largest electricity producer BOT may have to cut production if the government slashes its quota of CO2 emissions allowances in 2008-2012, the company told Heren Energy on Friday. The Polish...

28 Dec 2007 00:00 | EDCM

Power

Dutch ’07 temperatures warmest in 300 years, French weather also milder

Average temperatures in the Netherlands for 2007 have been the highest recorded in 300 years, according to recent data published by the Dutch meteorological institute (KNMI). Average temperatures...

31 Dec 2007 00:00 | EDEM

Power

EDF Group share price second most successful in French CAC 40

The price of shares in French power producer EDF increased by approximately 47.8% in 2007, ending the year as the second most successful company in the country’s top-40 listed companies (or the CAC...

31 Dec 2007 00:00 | EDEM

Power

Finnish nuclear plant back on line after weekend failure

Teollisuuden Voima Oy’s (TVO) Oilkiluoto 2 nuclear reactor is operating at 97% capacity, Reigo Sundell, director of operations at the Finnish nuclear operator TVO told Heren Energy on Monday.The...

31 Dec 2007 00:00 | EDEM

Gas

For the Record

DTe clarifies regulation on BergermeerDutch energy regulator DTe has clarified the regulatory regime for the Netherlands’ Bergermeer storage project, at the request of developer Taqa, Abu Dhabi’s...

31 Dec 2007 00:00 | ESGM

Gas

For the Record

Italian stocks drop to 6.08 Gm3Italian stocks fell sharply to 71.8% fullness, in the week to 24th December, according to Italian storage operator Stogit on Thursday.A total of 604.1 million cubic...

28 Dec 2007 00:00 | ESGM

Power

For the Record

France-to-Italy Jan ’08 capacity falls The cost of flowing Baseload power from France to Italy for January was fixed at EUR 7.55/MWh, according to French grid operator RTE on Thursday. A total of 735...

27 Dec 2007 00:00 | EDEM

Power

French hydro reservoirs fall 3 percentage points, to 66%, in Week 52

French reservoir levels fell for the first time since Week 46, losing three percentage points to 66% fullness for the final week of this year (Week 52), according to data published by French grid...

27 Dec 2007 00:00 | EDEM

Gas

Gazprom 2008 budget sees record capital programme dented by acquisitions

Gazprom’s board of directors approved a record level of capital investment in its RUB 710.1 billion (EUR 19.7 billion) 2008 annual budget, although the sum, which includes the gas giant’s spending on...

31 Dec 2007 00:00 | ESGM

Gas

Gazprom deal dents Ukraine’s Uzbek supply hopes

Attempts by the Ukrainian government and state gas company Naftogaz to buy gas direct from Uzbekistan (see ESGM 13.251) seem to have been dealt a blow. Gazprom has signed a new deal to buy Uzbek gas...

28 Dec 2007 00:00 | ESGM

Gas

GDF says 4% price rise in 2008 not enough to cover supply costs

Gaz de France (GDF) said on Sunday that the 4% increase in regulated gas tariffs for public distribution decided by the French government last week (see ESGM 13.251) would not be enough to cover the...

31 Dec 2007 00:00 | ESGM

Power

Italian regulator announces price hikes for first quarter

Italian energy regulator AEEG said on Saturday it would raise electricity tariffs for households by 3.8% over the first quarter of next year, due to rising oil prices. It also announced that gas...

31 Dec 2007 00:00 | EDEM

Power

Nordic reservoirs down in Week 51, Norwegian levels drop by 2.5 points

Norwegian reservoir levels were down 2.5 percentage points, to 78.0% fullness, in Week 51, according to the latest data from Nordic power exchange Nord Pool (see graph).The levels are now 10.7...

27 Dec 2007 00:00 | EDEM

Power

Power prices in Germany up 50% since 2000 – study

The price of electricity for German households has risen by 50% since 2000, according to a study by the Green Party’s parliamentary group. The report, published on Friday, suggested that industrial...

28 Dec 2007 00:00 | EDEM

Power

Renewables Roundup

Portugal• Energy utility Energias de Portugal (EDP) and investment bank Banco Espírito Santo de Investimento (BESI) have acquired Pebble Hydro from Babcock & Brown Hydro Holdings. Pebble Hydro...

28 Dec 2007 00:00 | EDEM

Gas

Rough stocks continue to drain week-on-week; but injections start to increase

UK stock levels at Rough continued their downward trend from the previous week as of 28th December at 06:00 BST, according to National Grid dataGas withdrawals from Rough were around 10 million cubic...

28 Dec 2007 00:00 | ESGM

Power

Spanish electricity consumption increases 2.8% in 2007

Spanish power demand increased 2.8% year-on-year in 2007, to 260,838 GWh, according to information released by Spanish TSO REE.Without the effects of different working days and temperature changes,...

28 Dec 2007 00:00 | EDEM

Power

Spanish hydro power stocks drop in Week 52, according to ministry figures

Available hydro-power stocks in Spain were estimated at 7,148 GWh in Week 52, according to the latest data released by the Spanish Ministry of Environment.This marks a week-on-week fall of 37 GWh...

27 Dec 2007 00:00 | EDEM

Emissions

Spanish suppliers appeal to EU against new law

Spain’s power producers continue to struggle against new emission legislation, which means the government subtracts the value of free allowances given to the companies from the compensation they then...

31 Dec 2007 00:00 | EDCM

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