The market is keeping a keen eye on the spreads between EU Allowances (EUAs) and Certified Emission Reductions (CERs) maturing in 2009 and 2012 to determine when companies will get the best value for...

A new charge will replace the old system of contracting quality conversion capacity in the Netherlands, shippers have been told by the transmission system operator, GTS. The price has been set at...

The EU has finally bowed to repeated calls from Gazprom to become involved in finding a solution to the Ukraine transit crisis. It has initiated meetings with international financial institutions...

New UK energy bill to push CCS subsidyThe UK government proposed a new energy bill on Monday that could subsidize carbon capture and storage (CCS) projects.The government has committed to fund up to...

New Spanish gas tariffs start WednesdaySpanish gas suppliers will begin to charge households an average of 4.2% less from Wednesday, when new “tariffs of last resort” (TURs) come into force. The new...

Portuguese contract trades on OTCAt least one Portuguese forward contract traded on Monday on the OTC market ahead of the official launch of the Portuguese market on the Iberian power exchange OMIP,...

The price of Baseload transport capacity to flow power into France from its neighbouring markets in July turned out to be more expensive than the cost of export capacity, according to the latest...

Gas demand for power burn is expected to decrease in OECD countries, the International Energy Agency (IEA) said on Tuesday.The IEA said in its annual report on the gas market that while demand was...

Franco-Belgian GDF SUEZ has bought a 20% stake in an exploration, development and production sharing agreement for the Absheron offshore oil and gas block in Azeri waters of the Caspian sea, the...

Gas demand for 2009 should be lower year on year in OECD countries as a result of the economic downturn, the International Energy Agency (IEA) said on Tuesday in its Market Review.In January 2009,...

Market expectations that a hoard of new combined-cycle gas turbine (CCGT) capacity will come on stream by the end of Q1 ’10 have significantly weakened the Winter ’09 spark spread in the UK. However,...

Recent measures published in the 2009 UK budget may not be enough to halt the decline of the North Sea oil and gas industry and the new field allowance might not stimulate the extra production...

The Polish government is expected to clear the way for domestic offset projects in the fourth quarter of 2009 and make it easier for companies to use international credits for compliance, law firm...

Qatari LNG producers have stepped up deliveries to northwestern European terminals for the next two weeks on weak demand in contractual LNG markets and the start of regular production from Qatargas...

German utility RWE will spin off its ultra-high-voltage grid on Wednesday, transferring it to the CEO division to meet EU regulations, RWE said on Tuesday. The company will be renamed Amprion in...

Some 19% of the electricity consumed in Switzerland was from an unknown origin in 2007, compared with 21% in 2005, according to a statement published by Swiss Federal Office of Energy (SFOE) on...

Available Spanish hydro stocks showed a small decrease in Week 26, falling by just over one percentage point to 11.644TWh (65.1% full), from 11.878TWh (66.4% full) in the previous week, according to...

Coreso, a new regional information coordination centre founded by French transport operator RTE, its Belgian counterpart Elia and Britain’s National Grid, has extended its activities to provide...

The UK nuclear industry’s supply chain needs certainty that newbuilds will proceed before it can make the necessary human and capital investments, nuclear services firm Doosan Babcock has told ICIS...

Ireland’s Bord Gáis said on Monday that its combined cycle gas turbine (CCGT) plant at Whitegate is on schedule to be fully operational by 1 July 2010.“We expect first fire by December this year and...