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News Archive

Emissions

Aviation focus: Chances of a global deal would boost EUA aviation demand

Government officials from across the globe met behind closed doors this week to discuss how to curb CO2 emissions from aeroplanes. It was the penultimate meeting to discuss aviation and the...

20 Feb 2009 00:00 | EDCM

Power

Belgium doubles net imports in 2008 as production woes buoy prices – Elia

Belgium’s net imports amounted to 10.6TWh in 2008, up 58.2% year on year, according to the latest data published by national grid operator Elia. The transmission system operator (TSO) said in its...

20 Feb 2009 00:00 | EDEM

Gas

Continental January trading activity diverges amid Russian halt in flows

Liquidity on Continental gas hubs suffered varied affects from the dramatic halt in Russian imports in January. There was a marked difference between the boost in German activity compared with the...

20 Feb 2009 00:00 | ESGM

Power

EU Commission proposal to raise energy funds runs into trouble

The European Commission on Friday hit back at claims that its revised €5bn recovery plan, redirecting more money towards new energy infrastructure, might meet with legal problems.This was despite a...

20 Feb 2009 00:00 | EDEM

Gas

EU Commission proposal to raise energy funds runs into trouble

The European Commission on Friday hit back at claims that its revised €5bn recovery plan, redirecting more money towards new energy infrastructure, might meet with legal problems.This was despite a...

20 Feb 2009 00:00 | ESGM

Power

For the Record

Teesside back online next weekFranco-Belgian energy group GDF SUEZ told ICIS Heren on Friday that its 1.875GW combined cycle gas turbine (CCGT) Teesside plant, in the north of England, should return...

20 Feb 2009 00:00 | EDEM

Gas

For the Record

Teesside back online next weekFranco-Belgian energy group GDF SUEZ told ICIS Heren on Friday that its 1.875GW combined cycle gas turbine (CCGT) Teesside plant, in the north of England, should return...

20 Feb 2009 00:00 | ESGM

Power

Italian cross-border capacity prices fall on widening premium

Cross-border capacity prices from Italy into its bordering markets for March Peakload and Offpeak contracts fell year on year, leaving most auctions clearing at zero as the Italian premium has been...

20 Feb 2009 00:00 | EDEM

Gas

Market focus: Floor price for NBP Summer ’09 linked to spot

Following the demolition of the March ’09 NBP contract in the past fortnight, traders have invariably commented that Summer ’09 has moved in tandem with the front month (see chart below), which, in...

20 Feb 2009 00:00 | ESGM

Power

New Belgian/Dutch intraday capacity solution pending CWE coupling

The temporary intraday capacity allocation mechanism on the Belgian/Dutch border is unlikely to be in place until the Central Western European (CWE) market coupling has been fully realised, according...

20 Feb 2009 00:00 | EDEM

Power

Nord Pool eyes UK derivatives power trading platform by end ’09

US-Nordic consortium NASDAQ OMX/Nordpool plans to launch a UK power derivatives exchange by the end of 2009, Nord Pool told ICIS Heren on Friday. The proposed derivatives market would be underpinned...

20 Feb 2009 00:00 | EDEM

Power

Renewables Roundup: A prospective blueprint for a North Sea offshore wind power grid took a step forward this week, when it

was officially announced as one of the EU’s strategic energy priorities. The commitment forms part of Brussel’s new Strategic Energy Review, setting out the broad lines of its energy policy over the...

20 Feb 2009 00:00 | EDEM

Power

Renewables Roundup: An undisclosed US investor has rescued plans for the construction of a photovoltaic (PV) solar panel

factory in Spain, its owner Genesis Energy said this week.The Hungarian based PV producer said it had signed a letter of intent to sell 100% of its Spanish subsidiary to the US investor for $42m...

20 Feb 2009 00:00 | EDEM

Power

Renewables Roundup: News in Brief

BulgariaThe Bulgarian economy ministry this week said it had received strong interest from General Electric (GE) to develop a wind farm in the Mirkovo municipality, in the west of the country....

20 Feb 2009 00:00 | EDEM

Power

Russian electricity demand down 0.7% week on week to 19.49TWh

Russia’s electricity consumption during the period running from the previous Friday to Thursday reached 19.49TWh, marking a week-on-week drop of 0.7% on average and a 5.8% decrease compared with the...

20 Feb 2009 00:00 | EDEM

Power

Swiss Atel posts losses on drop in trading activities for 2008

Swiss energy company Atel recorded a fall in revenue last year due to lower liquidity in energy markets and changes made to trading and sales activities, the company announced on Friday. The company...

20 Feb 2009 00:00 | EDEM

Gas

Swiss Atel posts losses on drop in trading activities for 2008

Swiss energy company Atel recorded a fall in revenue last year because of lower liquidity in energy markets and changes made to trading and sales activities, the company announced on Friday. The...

20 Feb 2009 00:00 | ESGM

Emissions

Threat of US aviation lawsuits against EU ETS subsides

The threat of US aviation lawsuits over the EU Emissions Trading Scheme appears to be subsiding. The US protested towards the end of last year at the suggestion that its airlines would be subject to...

20 Feb 2009 00:00 | EDCM

Power

Weekly Review: Bears tighten grip on back of comfortable UK gas and power systems

Power fundamentals were relatively comfortable through Week 8, with longer-range National Grid (NG) forecasts suggesting that bearish supply-demand balances could persist into at least the summer....

20 Feb 2009 00:00 | EDEM

Gas

Weekly review: Prompt rebounds slightly after heavy sell-off

After a sharp fall at the start of the week, NBP contracts across the board rebounded from midweek amid what traders described as a “natural rebound” after such significant losses in the previous...

20 Feb 2009 00:00 | ESGM

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