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News Archive

Power

BARD sells rights to 600MW wind-farm project to Dutch buyers

German wind-energy developer BARD Holding has sold the rights to its 600MW wind-farm initiative to investment company Typhoon Capital and energy provider...

30 Aug 2011 17:55 | EDEM

Gas

Britain: Qatari maintenance pushes Winter ‘11 to 35-month high

The bull run seen during the previous session showed no sign of abating on Tuesday, as Winter '11 reached a level not seen since autumn 2008. Prompt contracts...

30 Aug 2011 20:53 | ESGM

Emissions

Carbon market snapshot

Following the UK bank holiday weekend, carbon prices closed higher on Tuesday compared to Friday's session. EUA prices opened slightly weaker in the morning...

30 Aug 2011 18:43 | EDCM

Power

CEE/SEE: Stronger fuels add strength to region’s curves

Beleaguered financial markets received a fillip on Tuesday following encouraging news about a bank merger in Greece and positive consumer spending data in...

30 Aug 2011 21:54 | EDEM

Coal swaps snapshot: Bullish oil and gas boost the curves and trigger a sell-off

European coal prices rocketed on Monday, driven by stronger Brent crude and increases in the UK NBP. This had a bullish impact on the curves as far as FOB...

30 Aug 2011 19:39 | CSD

Power

Czech Republic, Hungary and Slovakia agree on electricity market-coupling algorithm

The Czech, Hungarian and Slovakian market-coupling governing board has chosen the COSMOS algorithm, Czech transmission system operator (TSO) CEPS said in...

30 Aug 2011 17:45 | EDEM

Gas

Daily oil summary

The markets opened in positive territory and held fairly steady through the early hours. Once Europe opened for business, prices quickly lost ground on a...

30 Aug 2011 19:52 | ESGM

Gas

France: PEGs fail to match gains on other continental natural gas hubs

Despite a bullish session, the PEG Nord Day-ahead contract closed significantly lower than its continental counterpart contracts.Day-ahead gained...

30 Aug 2011 21:10 | ESGM

Power

French hydroelectricity levels inch down but bears rule the prompt

French hydro levels have registered their second consecutive week-on-week decline, but healthy electricity availability from other sources offset any concerns...

30 Aug 2011 17:49 | EDEM

Gas

Gazprom softens spot-indexation stance as natural gas exports grow

Russian gas producer Gazprom said on Tuesday its exports to European countries during Q1 '11 totalled 46.6 billion cubic metres (Gm³), compared with the...

30 Aug 2011 18:24 | ESGM

Power

Germany/France: Strong fuels boost Cal ’12 up to €59.00/MWh

Bullish gas prices on Tuesday combined with a rise in the Brent crude front month to push German far-curve contracts to highs not seen since early July.Prompt...

30 Aug 2011 22:00 | EDEM

Power

Greece’s PPC open to asset sale and electricity generation swap mix

PPC, the Greek power incumbent, is open to a combination of asset sales and generation swaps in a bid to kick-start its unbundling process to comply with...

30 Aug 2011 17:35 | EDEM

Emissions

GreenX, ICE start California carbon trade

Carbon trading platform the Green Exchange began trading California carbon allowance futures on Monday. The contracts, which will serve as a compliance...

30 Aug 2011 18:41 | EDCM

Power

Italian government intervenes in Edison restructuring

Italian minister for economic development Paolo Romani is to meet French incumbent EDF's CEO Henry Proglio on Wednesday or Thursday morning at the latest...

30 Aug 2011 17:50 | EDEM

Power

Italy: Near curve rises amid export speculation

Oil gains and talk of possible exports to the continent drove Italian wholesale power prices up on Tuesday, while liquidity finally picked up after the summer...

30 Aug 2011 21:52 | EDEM

Gas

Netherlands: TTF Prompt shoots up, Winter '11 rises on supply worries

At the TTF on Tuesday, the market moved up across the board as prices strengthened further. Traders put the move down to strong sentiment and oil prices,...

30 Aug 2011 18:36 | ESGM

Gas

Qatargas confirms autumn LNG production outages

Qatari LNG producer Qatargas will shut down three of its largest LNG production units for planned maintenance from September, the producer said on Monday."Qatargas...

30 Aug 2011 18:06 | ESGM

Gas

Russia remains primary source of Italian natural gas imports in July

The lack of natural gas supply from Libya to Italy has been compensated for with increased imports from northern European pipelines, rather than from the...

30 Aug 2011 18:30 | ESGM

Power

UK: Near curve hits new high as natural gas gains boost electricity market

The bulls continued their run on the UK wholesale electricity near curve on Tuesday, as strong upward moves on the NBP fed through to power, while additional...

30 Aug 2011 22:04 | EDEM

Emissions

UN CER issuance peaks in Week 34

The UN issued a record number of certified emission reductions (CERs) last week, the latest data from the UN revealed on Tuesday.In the week to 28...

30 Aug 2011 17:58 | EDCM

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