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News Archive

Gas

Belgium: Day-ahead basis turns positive ; Interconnector flows forward

The Zeebrugge Day-ahead basis moved into closer alignment with the April '11 basis on Monday, as the end of the month approached. Day-ahead basis...

28 Mar 2011 19:22 | ESGM

LNG

Cameron's first re-export cargo headed for Spain

The arrival of the 173,400m³ Valencia Knutsen to the Cameron terminal over the weekend will provide volume for an inaugural re-export cargo from the Louisiana...

28 Mar 2011 16:04 | GLM

Power

Capacity fears shrink German-Hungarian Cal '12 spread

The Hungarian Calendar Year 2012 Baseload discount to its German equivalent has decreased dramatically since the news of German nuclear moratorium broke,...

28 Mar 2011 19:15 | EDEM

Emissions

Carbon market snapshot

Carbon prices leapt back to mid-March highs, trading firmly above €17.00/tCO2e on Monday. One trigger was a German regional election, which brought in a...

28 Mar 2011 18:16 | EDCM

Power

CEZ builds first Czech gas-fired plant

Czech power incumbent ČEZ has begun construction of the country's first gas-fired generation, the company said in a statement on Friday. The 840MW gas-fired...

28 Mar 2011 17:58 | EDEM ESGM

Gas

Daily oil summary

Crude oil futures lost ground during the early hours and then traded in negative territory through the European morning, with the euro remaining at low levels...

28 Mar 2011 19:48 | EDEM ESGM

Power

DONG sells 50% stake in Anholt offshore wind farm

DONG Energy has sold a 50% stake in its 400MW Anholt offshore windfarm to Danish pension funds PensionDanmark and PKA, the Danish utility announced on Monday.PensionDanmark...

28 Mar 2011 16:58 | EDEM

Power

EDF to replace Edison CEO with French manager - report

French incumbent EDF has decided to propose one of its managers as a replacement for Umberto Quadrino, CEO of the EDF-controlled Italian power producer Edison,...

28 Mar 2011 16:51 | EDEM ESGM

Gas

Germany/Austria: German markets turn bullish on rising power prices

In Germany, NCG and GASPOOL prices rose across the board on Monday, with Day-ahead contracts posting the most significant gains.Given the mild temperatures,...

28 Mar 2011 19:15 | ESGM

Gas

Italian gas imports drop 3% in February

Italian gas imports fell 3.3% in February compared with the same month in 2010, while consumption fell 4.4% year on year. The largest drop in imports came...

28 Mar 2011 16:19 | ESGM

Power

Italy: German rise pushes Cal ‘12 to new heights

The curve ticked upwards on Monday as a result of the climb of its German counterpart. But the Italian rise was said to be purely sentiment-driven, since...

28 Mar 2011 19:16 | EDEM

Emissions

Lawmakers give positive first reaction to EUA set-aside

EU environment and energy ministers gave a positive first reaction to the Commission's proposal to set aside allowances from the Phase III cap.The...

28 Mar 2011 17:08 | EDCM

Market comment: Volatile prices track other commodities on lack of coal news

After a strong open to the week, coal prices in many markets were eroded over the session on Monday, with traders saying they were tracking other markets...

28 Mar 2011 18:30 | CSD

Gas

Netherlands: German power and Middle East unrest push TTF prices up

Prices at the TTF jumped up on both the prompt and the curve on Monday. On the prompt, Day-ahead started trading at €23.60/MWh to reach an intra-day low...

28 Mar 2011 19:42 | ESGM

Gas

No LNG force majeure yet from Yemen or Algeria

Speculation over cuts in LNG production were rife on Monday. Algerian state utility Sonatrach has reportedly halted production at its Skikda LNG plant, several...

28 Mar 2011 18:00 | ESGM

Power

Politics already priced into DE curve prices

The continental curve was moderately bullish on Monday as political opposition to nuclear power in Germany strengthened over the weekend. However, prices...

28 Mar 2011 20:05 | EDEM

Power

PPC 'biggest obstacle' to Greek energy – regulator

Greek incumbent PPC has been "the biggest obstacle to the development of the country's energy sector", a high-ranking official at Greek regulator RAE told...

28 Mar 2011 17:34 | EDEM

Power

Turkish and international firms eye Akenerji stake

Turkish-Austrian joint venture Enerjisa is looking to snap up assets from rival Akenerji, an Enerjisa insider confirmed on Monday.Austrian utility...

28 Mar 2011 16:12 | EDEM

Power

UK prepares for bitter battle with solar developers

The war of words over the UK government's decision to slash subsidies for solar power has grown increasingly bitter, with developers accusing ministers of...

28 Mar 2011 17:20 | EDEM

Gas

UK: Seasons jump, ignoring spot’s early fundamental-based dip

An early fall in the prompt failed to set the tone for the rest of the day as an afternoon jump in curve contracts saw several seasons close over 2p/th up...

28 Mar 2011 19:32 | ESGM

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