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News Archive

Power

Contango becomes unsustainable on coal curve

The contango on the coal swaps curve had become unsustainable before it started crumbling this week, traders have agreed. The Calendar Year 2010–2011 spread briefly touched $15 (€10)/tonne earlier...

28 Aug 2009 00:00 | EDEM

Power

EstLink1 backs implicit to comply with Nord Pool

Capacity for the Estonia-Finland interconnector EstLink1 will be sold implicitly to comply with Nord Pool market rules, the Estonian transmission system operator (TSO) Elering confirmed to ICIS Heren...

28 Aug 2009 00:00 | EDEM

Emissions

Estonia 85.2m AAU sale

Estonia is looking to sell 85.2m assigned amount units (AAUs), and has issued a call for buyers, a government spokeswoman confirmed on Friday. Estonia abandoned earlier plans to market its AAU...

28 Aug 2009 00:00 | EDCM

Emissions

EUA/CER spread widens, despite lower issuance

The UN is warning that fewer certified emissions reductions (CERs) are being issued, but the CER discount to EU allowance (EUA) prices is still getting bigger.ICIS Heren data shows the EUA/CER Year...

28 Aug 2009 00:00 | EDCM

Gas

For the Record

Bulgaria disbands state energy companyBulgaria’s new prime minister Boyko Borisov announced plans to break up Bulgarian Energy Holding (BEH) within a matter of weeks, according to reports from...

28 Aug 2009 00:00 | ESGM

Power

For the Record

Belgian H1 ’09 power demand falls 8.6% – Elia Belgium’s electricity consumption fell by 8.6% in the first half of 2009, compared with the same period the year before, according to transmission system...

28 Aug 2009 00:00 | EDEM

Gas

German EWE sees sales rise due to seasons and subsidiaries

German utility EWE has seen a recovery of its business in the first half of 2009, compared with the same period in 2008. The company’s gas operations have “recovered strongly” compared with last...

28 Aug 2009 00:00 | ESGM

LNG

GLM Comment

A cursory glance over the LNG industry in the past few years seems to reveal a degree of alienation between established national oil companies (NOCs) and their international oil company (IOC)...

28 Aug 2009 00:00 | GLM

LNG

LNG This Week

Woodside targets five-train Pluto programmeAustralian energy company Woodside Petroleum is planning up to five 4.3 million tonnes per annum LNG trains at its Pluto LNG project, the group said in an...

28 Aug 2009 00:00 | GLM

Power

Norwegian coalition likely to win election, but policy may still shift

Ideas on energy policy held by the seven parties represented in the Norwegian parliament differ widely, making the outcome of next month’s election (14 September) an important one.Latest election...

28 Aug 2009 00:00 | EDEM

Gas

Norwegian coalition tipped to win election, but policy may still shift

Ideas on energy policy held by the seven parties represented in the Norwegian parliament differ widely, making the outcome of next month’s election (14 September) an important one.Latest election...

28 Aug 2009 00:00 | ESGM

Power

Nuclenor will begin Garoña appeal in September

Spanish nuclear operator Nuclenor is preparing to submit its appeal to the Spanish High Court against the government’s decision to close the 500MW Santa María de Garoña plant “in the first few days...

28 Aug 2009 00:00 | EDEM

Power

Renewables Roundup: Czech officials review support to solar energy as industry booms

The Czech authorities are considering cutting support to the country’s solar energy industry, after a dramatic surge over the past three years, the Czech industry and trade ministry (MPO) said this...

28 Aug 2009 00:00 | EDEM

Power

Renewables Roundup: News in Brief

Czech RepublicCzech wind farms produced almost 143GWh of electricity during the first half of 2009, marking a 22.5% increase over the same period a year before, the Czech Wind Association said on...

28 Aug 2009 00:00 | EDEM

Power

Russia’s demand creeps in on week, still down on year

Russia’s electricity consumption for 21–27 August reached 14.65TWh, marking a 10.4% drop year on year and a 1.4% increase compared with the previous week, Russia’s wholesale market authority, the...

28 Aug 2009 00:00 | EDEM

Gas

UK stocks edge higher, to 98.1% fullness

UK stock levels were 98.1% full by the start of the gas day on Thursday, 5.4% higher than at the same time last year and 16% higher than three years ago.Total volumes in stock were put at 4.23...

28 Aug 2009 00:00 | ESGM

Gas

Ukraine well delays hurt JKX first-half profit

UK-based oil and gas exploration and production company JKX’s first-half (Q1) net profit suffered as a result of a 30% drop in oil production and delays to the development of Ukrainian wells, it said...

28 Aug 2009 00:00 | ESGM

Power

Weekly Review: Continental - Spot and Cal ’10 fall behind other contracts

Spot and Calendar Year 2010 were the only contracts to retreat between Monday and Thursday. Day-ahead Baseload started the week in a bullish mode, helped by forecasts of warm weather until Friday....

28 Aug 2009 00:00 | EDEM

Power

Weekly Review: Outlook

UKThe UK surplus margin remains tight in historical terms, at less than 8GW for the whole of the working week, and forecast to fall to just 6.2GW on Wednesday. Traders believed that lower prompt...

28 Aug 2009 00:00 | EDEM

Power

Weekly Review: UK - Day-ahead at 3-month high; curve slides

Day-ahead Baseload levels climbed to highs not seen since the middle of May during Week 35, as concerns over supply and margin tightness buoyed the spot. The curve was pressured by gas and power.At...

28 Aug 2009 00:00 | EDEM

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