2009 is expected to be one of the top five warmest years on record despite a continued cooling of huge areas of the tropical Pacific Ocean, the British Met Office said on Tuesday. Temperatures are...

French and German spot levels receded notably on Tuesday in light of expectations of lower demand on Wednesday due to New Year’s Eve and subsequently lower industrial consumption across both...

Spanish power prices fell a touch on Tuesday with the forward prices slipping away with bearish crude and the prompt deflating on ample nuclear power supply coupled with decreasing demand...

Central European markets were once again suffering from an excess in supply, as demand dwindled over the Christmas and New Year holidays, causing a bearish prompt. The festive season also meant many...

The premium of UK clean dark spreads over UK clean spark spreads for the front summer has fallen by more than 65% from its monthly peak, on 11 December, ICIS Heren data shows (see graph below). Both...

Dutch grid operator TenneT told ICIS Heren on Tuesday that it was still waiting for green light from the energy regulator over 2009 grid tariffs. “We are hoping for a response sometime next week,” a...

French dominant power producer EDF cut its carbon footprint in November by 33% month on month, due to lower output from its more polluting plants. EDF’s production portfolio, which makes up more than...

All emission registries linked to the International Transaction Log are set to be put in “reconciliation only” mode from the evening of 30 December to the morning of 1 January, according to an EU...

Finnish grid operator Fingrid announced on Tuesday that agreements have been made with three electricity importers for Russian electricity flows into Finland in 2009. The commercial capacity of the...

Electricity demand from industrial end-users in France fell by 14.6% year on year in November to 6TWh, according to the latest statistics from French grid operator RTE. The fall follows a 6.7%...

French reservoirs have started the year 71% full, more or less in line with Week 52, according to the latest figures released by French grid operator RTE on Tuesday.Year on year, however, Week 1...

The prompt was down despite higher demand as Norwegian flows and the Interconnector balanced the system. The front months were already losing ground before late news of Ukrainian debt repayment to...

Remaining winter prices were weighed down by lower corresponding gas contracts on Tuesday. in response to reports that Russia and Ukraine had resolved a debt dispute that had threatened to disrupt...

Power industry association Eurelectric has welcomed the EU Parliament’s decision to scrap emission performance standards for carbon capture and storage (CCS) technology. In a statement, the body...

Italian power market operator GME will resume emissions trading on 15 January, following the issue of 2008 allowances to Italian installations, undertaken in December.As a first stage, GME plans to...

Traders active on the Italian OTC market focused their attention on the front month this week, with January the only contract attracting any real interest. According to brokers, around 60MW changed...

Korea Hydro and Nuclear Power (KHNP) told ICIS Heren on Tuesday that it is looking to Europe, as well as Africa, for possible stand-alone and joint-venture (JV) projects in which to expand its...

Electricity tariffs for retail customers in Germany are likely to decrease next year on the back of the massive drop in wholesale prices, a spokesman for German energy and water association BDEW told...

RWE npower has secured the right to deliver 3.6GW of nuclear-generated electricity into the country’s power grid from the site of the Wylfa reactor in Wales. “The capacity was awarded in three 1.2GW...

Spain’s Ministry of Industry, Tourism and Commerce has finalised its agreed tariff increases for 2009, which it hopes will significantly reduce the sector’s tariff deficit.Following weeks of...