European Energy Market

Electricity Market

European Electricity Market End-of-Year Review & Free Outlook 2024

Introduction: Renewable Electricity Market Analysis  Welcome to Future Energy Go – the renewable energy market research community that strives to advance knowledge and understanding of the renewable energy market through data-driven research and analysis. This article offers a deep and comprehensive analysis of recent trends and developments in the electricity market and provides a forecast […]

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electricity bill

A Comprehensive Guide to Electricity Bill Breakdown. Which European Country Tops the Charts for the Highest Electricity Bills?

In this article, you will discover a detailed breakdown and structure of electricity costs, providing a comprehensive understanding of the factors influencing how electricity bills are calculated.  The focus is on identifying the key components that contribute to the overall cost of electricity. Additionally, the article reveals which European country stands out for having the

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Guarantees of Origin GO

Analysing Guarantees of Origin GO Price in 2024 and Beyond – Will the Dip Below 5 EUR/MWh Persist?

Introduction In a pivotal move toward a more sustainable future, RE100, the global initiative committed to promoting corporate renewable energy use, made a significant announcement on October 24, 2022. The organization revealed substantial changes to its technical criteria, marking a big moment for companies striving to achieve 100% renewable energy consumption. Effective from January 1,

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Energy Policies

Energy Risk Management: Implementing Effective Energy Policies to Safeguard Against Fluctuating Energy Prices

Introduction In the dynamic landscape of today’s business world, companies face several challenges, including the management of energy-related risks. The volatility in energy prices has become an inherent feature of the global marketplace, posing a significant threat to the financial stability of businesses across various industries. This brings us to the pivotal question: What is

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Carbon Border Adjustment Mechanism CBAM

The EU’s Carbon Border Adjustment Mechanism (CBAM): A Game-Changer in the Pursuit of a Sustainable Future

Introduction to CBAM In this article, we will delve into the EU’s Carbon Border Adjustment Mechanism (CBAM) and its role in shaping a sustainable future. We will also explore the history, legislation, and objectives of CBAM and examine its potential impact on global trade and climate action. The European Union’s Carbon Border Adjustment Mechanism (CBAM)

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EU energy market redesign

Breaking Down the EU Energy Market Redesign Plan: What it Means for Consumers and Businesses

The European Union is proposing a major overhaul of its energy marke The European Commission published its proposal to reform the EU Energy Market on the 14th of March 2023. The action is a response to the record-high energy market prices observed in 2022 as a result of the war outbreak in Ukraine. In “Breaking Down the EU Energy

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EU Electricity market redesign

Why the EU Electricity Market Redesign is Key to Achieving a Sustainable Energy Future

Current EU electricity market design. What is the problem? The main objective of the EU electricity market design is to balance supply and demand in real-time, while also encouraging competition and innovation. The main objectives of the current electricity market design are: However, the current European electricity market design faces a number of challenges, including:

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energy crisis

How to avoid another energy crisis in Europe in 2023? IEA shares practical tips

A few words about Energy crisis 2022/23 Energy market prices have begun the new year considerably down as mild winter weather and global economic concerns weigh on the market. The situation is opposite to the one in 2022 when Russia’s invasion of Ukraine sparked fears about energy supply, sending prices skyrocketing. European natural gas has been

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skyrocketing gas prices

Uncoupling of electricity prices from skyrocketing gas prices and the energy crisis

Why are electricity prices rising today? According to the Council of the European Union, the high cost of power and skyrocketing gas prices have demonstrated the insufficiency of the present market structure for electricity, primarily focused on the marginal cost of the most costly source, currently natural gas. This market structure was implemented to promote

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European Energy Subsidies 2022

European Energy Subsidies 2022. What Europe’s Energy Crisis Cost?

Gas and electricity prices in Europe are expected to remain elevated until H1 2023 amid prolonged disruptions to Russian supply and cyclical heating demand fuelling Europe’s Energy Crisis. However, it’s expected that prices are projected to retreat from peaking in H2 2023 because of a likely demand destruction/energy rationing along with improved supply from non-Russian

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