“Daily Meter Reading - Impacts of the Review of Gas Metering Arrangements (RGMA)”: Network Code Modification Proposal 0674This modification forms one of seven that has been put forward relating to...

The proposed modification seeks to address an apparent lack of clarity regarding the justification for not including the rules for modifying the Network Code within the Code itself, and in order to...

Centrica Storage Limited (CSL), operator of the UK’s largest storage facility at Rough, says all remaining standard bundled units (SBUs) of capacity for annual contracts (2004/5) are now sold. The...

Germany´s federal ministries of economics and the environment have agreed on a draft CO2 emissions allocation plan, ending months of political bickering. Under the draft allocation plan, which is...

Germany´s federal ministries of economics and the environment have agreed on a draft CO2 emissions allocation plan, ending months of political bickering. Under the draft allocation plan, which is...

BP says Q1 ’04 production from its Russian TNK-BP venture will rise to approximately 830 million barrels of oil equivalent per day (mboed) from 720 mboed in the last quarter of 2003.The rise will...

Italy’s dominant power company Enel announced substantially higher dividend payouts in its 2003 results this week. The change is a result of the financial needs of the government, which owns 61% of...

Italy’s dominant oil and gas group Eni has sold 9% of Snam Rete Gas, the gas transport company, Eni said on Tuesday. The deal was worth about EUR 655 million, said analysts.Investment bank Mediobanca...

The EU environment commissioner has played down fears of a marked increase in electricity prices and windfall profits for generators after the introduction of the EU’s Emissions Trading Scheme...

Europe’s power lobby Eurelectric has criticised the proposed EU directive on security of electricity supply as “premature”. The blackouts last summer that prompted the directive could equally well...

The European Wind Energy Association (EWEA) hailed the European wind sector as the “engine of growth for global wind markets” at the Global Wind Power Conference in Chicago on Monday. Together with...

French power trading activity was kept to a minimum on Monday, as the prompt dominated trading activity. Within-day demand was recorded by RTE at 68,365 MW, but demand for Tuesday was forecast at...

Italian energy associations, together with EFET, are moving quickly towards the establishment of a standard power trading contract and gas trading contract for the new PSV (Punto di Scambio Virtuale)...

Italian energy associations and the traders’ lobby EFET are moving quickly towards the establishment of standard trading contracts for power and gas. The Italian Traders and Wholesalers Association...

Italy’s energy regulator has reduced controlled electricity tariffs by an average of 1% for the second quarter of 2004 due to lower fuel costs caused by the weakness of the dollar. Gas tariffs remain...

The initial public offering in the Italian power grid will be held in June, owner Enel said on Monday. The float will cover 30-50% of the grid, although Enel’s holding will eventually be limited to...

Nord Pool, the Nordic power exchange, said on Tuesday that the Norwegian Financial Supervisory Authority (Kredittilsynet) had filed charges with the police against a participant on the exchange. The...

Germany´s federal ministries of economics and environment may reach an agreement on the country´s national CO2 emissions allocation plan shortly as their heads, Wolfgang Clement and Jürgen Trittin,...

Spain will miss the deadline of 31st March for submitting to the European Commission proposals for the reduction of CO2 emissions, according to energy officials in Madrid. The delay is because of...

The UK Department of Environment, Food and Rural Affairs (DEFRA) confirmed on Monday that the submission of the country’s National Allocation Plan (NAP) for the distribution of allowances under...