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News Archive

Gas

BG moots “terming out” more LNG to contractual buyers

Gas and LNG producer BG Group posted a 21% year-on-year drop in half-year operating profit, to £2.25bn (€2.63bn), on Wednesday. It attributed this fall to “the halving of commodity prices” and higher...

29 Jul 2009 00:00 | ESGM

Power

CEZ set to build 600MW coal-fired plant in Germany

Czech utility CEZ got exclusive rights to build and operate a 600MW coal-fired power plant in Profen, in the German state of Saxony-Anhalt, the company announced on Wednesday. The generator will be...

29 Jul 2009 00:00 | EDEM

Power

CRE sets up new indicators for wholesale traders

France’s energy regulator CRE is developing new price, volume, interconnection and infrastructure indicators, aiming to improve information available to market operators.The CRE believes the data on...

29 Jul 2009 00:00 | EDEM

Emissions

EEX futures slump in H1 as spot deals soar

Traded volumes of EU Allowance (EUA) and certified emission reduction (CER) futures on German energy exchange EEX slumped in the first half (H1) of 2009, according to the bourse’s H1 ’09 results. The...

30 Jul 2009 00:00 | EDCM

Gas

EEX volumes dive in first half of 2009

Gas spot market volumes traded on energy exchange EEX reached 1,110.7GWh in the first six months of 2009, up by 185% year on year. But on the future market, volumes fell by 14% to 5,237.8GWh,...

29 Jul 2009 00:00 | EDEM ESGM

Power

EEX volumes dive in first half of 2009

Gas spot market volumes traded on energy exchange EEX reached 1,110.7GWh in the first six months of 2009, up by 185% year on year. But on the future market, volumes fell by 14% to 5,237.8GWh,...

29 Jul 2009 00:00 | EDEM ESGM

Gas

For the Record

Vattenfall Europe starts GASAG saleVattenfall Europe is gauging the interest of potential buyers for its shares in Berlin’s largest gas distributor, GASAG, a company spokesman confirmed to ICIS Heren...

29 Jul 2009 00:00 | ESGM

Power

For the Record

CorrectionICIS Heren is reissuing its Month-ahead indices for the UK June ‘09, July ‘09 and August ‘09 Baseload after a technical fault was found in the calculations. The correct figure for the UK...

29 Jul 2009 00:00 | EDEM

Gas

French injections stable week on week; Spanish LNG stocks nudge up

French stocks rose to 72.2% fullness in the seven-day period to 26 July, up by 3.9 percentage points compared with the previous week, according to weekly data published by storage operators Storengy,...

29 Jul 2009 00:00 | ESGM

Gas

No interest in new Hungarian trading tool

Despite going live two weeks ago, Hungary’s latest gas screen, which is run by Powerforum, has yet to attract any interest, the company’s CEO Gyõzõ Lovas told ICIS Heren on Wednesday. Powerforum is,...

29 Jul 2009 00:00 | ESGM

Power

Nordic reservoirs continue to rise Week 30

Norwegian reservoir replenishment continued to fill quickly during Week 30, as levels gained 3.5 percentage points week on week to increase to 72.9% full, according to the latest data released by...

29 Jul 2009 00:00 | EDEM

Power

Operator upbeat before flow-based auctions trial

A dry run for the new flow-based cross-border capacity allocation in central and eastern Europe (CEE) will start at the end of August, the coordinator told ICIS Heren on Tuesday.The Central...

29 Jul 2009 00:00 | EDEM

Gas

Portland farms out shares in UK gas storage facility

Portland Gas is inviting investors to buy into its gas storage facility in Portland in South Dorset with the money raised to be used to develop the facility, the company said on Thursday. The news...

30 Jul 2009 00:00 | ESGM

Power

PPC consortium asked to clarify bid for EPCG stake

Montenegro’s tender commission gave a consortium led by Greece’s PPC to the end of Wednesday to clarify whether terms in its bid to buy a stake in state-run utility Elektroprivreda Crne Gore (EPCG)...

29 Jul 2009 00:00 | EDEM

Gas

Six LNG vessels bound for UK, despite sluggish NBP

Six LNG vessels are due to arrive at UK terminals over the next two weeks, Milford Haven port authority and Lloyd’s Register Fairplay AISLive shipping data showed on Thursday.UK gas producer BG Group...

30 Jul 2009 00:00 | ESGM

Gas

Spot Markets: France - French prompt develops premium

Moving into the second half of July, the French prompt tracked developments in neighbouring hubs. Things changed towards the end of the month, however, when the onset of maintenance in the north of...

29 Jul 2009 00:00 | EGM

Power

Swiss reservoirs reach 73.6% fullness

Swiss reservoirs rose to 73.6% fullness in Week 30 to 27 July, up 4.3 percentage points from the previous week, according to data published by the Swiss Federal Energy Office (BFE) on Wednesday*. The...

29 Jul 2009 00:00 | EDEM

Gas

TAQA buys DSM Energy for €285m

The Abu Dhabi National Energy Company (TAQA) announced on Wednesday that its Dutch subsidiary, TAQA Energy, had reached an agreement to purchase DSM Energy, a wholly owned subsidiary of...

29 Jul 2009 00:00 | ESGM

Emissions

Trading balance needed in US

A US carbon cap-and-trade scheme would need a certain level of freedom to be able to develop, according to the International Emissions Trading Association (IETA)There is growing US regulatory...

30 Jul 2009 00:00 | EDCM

Power

Trillo’s H1 2009 output down due to outage

Spain’s 1GW Trillo nuclear plant’s gross power production in the first half of 2009 was 3.2TWh, suggesting full-year output would fall significantly short of the previous year, when gross production...

29 Jul 2009 00:00 | EDEM

Emissions

UK C02 falls on fuel switching

UK carbon emissions fell for the third consecutive year in 2008 as the country made further shifts away from coal-generated power.Last year’s net carbon dioxide emissions were pegged at 532million...

30 Jul 2009 00:00 | EDCM

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