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News Archive

Gas

A year in brief: Germany

The year 2010 was characterised by a surge in activity on Germany's traded markets spurred on by the reduction in balancing zones to two large zones. Since...

30 Dec 2010 17:42 | ESGM

Gas

Belgium: Day-ahead basis widens; Interconnector exports to UK

Concerns about storage levels for January and February 2011 pushed up the NBP spot and prompt on Thursday, which widened the Zeebrugge Day-ahead basis to...

30 Dec 2010 19:27 | ESGM

Gas

Britain: Tight system squeezes prompt; months hit new high

Prompt prices were pushed in the direction of mid-December's winter highs on Thursday, as inconsistent withdrawal patterns from long-range storage contributed...

30 Dec 2010 19:42 | ESGM

Power

Carbon market snapshot

CO2 contracts failed to recover on Thursday, despite strong surrounding energy markets, and look set to finish the year close to five-month lows. Closing...

30 Dec 2010 17:47 | EDCM

Power

CEE/SEE: Traders in a quandary over Week 1 prices

It was another bullish session for regional curve prices on Thursday, boosted by a strong fuel complex. On the prompt, most traders were struggling to assess...

30 Dec 2010 19:13 | EDEM

Power

Continental: Far curve ticks up for the 10th time in a row

The far curve ticked up again in the penultimate trading session of 2010. The key German Calendar Year 2011 Baseload contract made a gain for the 10th consecutive...

30 Dec 2010 19:23 | EDEM

Power

Denmark's Vestas wins 294MW of orders

Danish wind turbine manufacturer Vestas said on Thursday it has won orders from Germany, Poland and Norway to supply wind turbines with total capacity of...

30 Dec 2010 18:08 | EDEM

Power

EDF determined to fight for hydropower concessions

French incumbent generator EDF is determined to win back a number of hydro concessions up for renewal next year, according to Jean-Francois Astolfi, head...

30 Dec 2010 16:36 | EDEM

Power

Endesa Ireland set to begin work on 450MW CCGT

Spanish-owned utility Endesa has been granted planning permission by Ireland's An Bord Pleanala to construct a 450MW combined-cycle gas turbine (CCGT) in...

30 Dec 2010 16:24 | EDEM

Power

ERDF touts strength of network amid criticism

Electricite Reseau Distribution France (ERDF), the distribution network owned and maintained by French incumbent generator EDF, has asserted that it oversees...

30 Dec 2010 16:06 | EDEM

Gas

France: Temperature and storage drives PEG prices upwards

PEG Nord made gains across the spot, prompt and curve on Wednesday, mirroring surges on the NBP and neighbouring continental hubs, which were particularly...

30 Dec 2010 19:17 | ESGM

Gas

Gazprom throws its weight behind oil indexation with bullish spot outlook

Russia's energy giant Gazprom is expecting prices on European spot markets to increase in 2011 along with demand for gas sold through its long-term export...

30 Dec 2010 17:03 | ESGM

Gas

Germany/Austria/Italy/Czech Republic:Despite late dive at NCG, spot retains premium to TTF

The NCG and GASPOOL spot markets retained their high premium to the TTF on Thursday, supported by cold temperatures expected in Germany, particularly the...

30 Dec 2010 19:22 | ESGM

Power

Italy: Far curve follows bulls, but front quarter slips

Italian contracts slowly reacted to bullish continental markets on Thursday, with gains on the far curve, while the front quarter sustained losses.However,...

30 Dec 2010 19:37 | EDEM

Gas

Netherlands:Dropping temperatures push TTF prompt, near curve up

Confirmation of cold weather, below seasonal average, for the following week notably pushed prompt and near curve prices up at the TTF on Thursday. WDNW...

30 Dec 2010 18:56 | ESGM

Power

New distribution regulation could hit Turkish wholesale companies

A new regulation on electricity distribution in Turkey could dent profit margins of companies active on the wholesale market, sources said Thursday.Turkish...

30 Dec 2010 18:04 | EDEM

Tight physical market lets bulls lose on prompt

Tightness in the physical coal market continued to push up swap contracts on Thursday. Front-month prices soared across the markets on news of heavy rainfall...

30 Dec 2010 18:08 | CSD

Gas

Transitgas prompts strong Italian withdrawals; UK levels low year on year

Gas withdrawals from European storage sites totalled 2.7 billion cubic metres (Gm³) in the last week of 2011, buoyed by 1.2Gm³ of withdrawals in Italy after...

30 Dec 2010 17:00 | ESGM

Power

UK: Curve extends gains on gas storage worries

Bullish gas market sentiment set the scene for power on Thursday, triggering a second successive session of gains. Some argued that continued thin power...

30 Dec 2010 19:16 | EDEM

Gas

Ukraine to cut off supplies to Poland

Ukraine's state-controlled oil and gas company Naftogaz will halt all gas exports to Polish incumbent PGNiG via the Hrubieszow delivery point as of 1 January,...

30 Dec 2010 16:21 | ESGM

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