This article was written by Vija Pakalkaite (EU Carbon and Power Analyst) and Matthew Jones (Senior Market Analyst) and it discusses the trend of multiple technology renewable energy support auctions which are taking place in Europe.
Energy Connections
ICIS Dutch TTF gas benchmark closes above EAX in bear market
The ICIS Dutch TTF gas benchmark closed above the East Asian Index (EAX) spot LNG price on 20 March for the first time in three years, inverting the usual relationship between the two and underlining the bearish mood that has gripped the spot LNG market since September. The contract for May delivery on […]
Global spot LNG prices slide below $6/MMBtu
Global LNG markers dropped below $6/MMBtu over the last four weeks, with prices in major import regions closely aligned, limiting the potential for arbitrage between Atlantic and Pacific basins. Mild weather in north Asia and Europe has reduced heating demand, while new liquefaction projects continue to make progress, boosting supply. The East Asia Index (EAX) […]
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