Weekly energy market update: EU gas and coal prices hit an all-time high due to the Russian invasion of Ukraine, while carbon retraces 30% softening the impacts on the power price created by gas & coal due to the fall of the global equity markets. Western allies imposed more sanctions on Russia, which involved blocking […]
European Energy Market Update – Week 9 (Mar 6th, 2022) Read More »
The invasion of Ukraine by Russian armed forces resulted in a dramatic increase in electricity prices in Europe. As a result of the war in Ukraine, prices of German power futures (calendar year 2023) had risen by >30% on Thursday, 24th Feb vs a week ago, reaching 182 EUR/MWh. This was a direct result of
The War in Ukraine & Soaring Power Prices Read More »
The hopes of a peaceful resolution to the conflict in Ukraine are now gone. The energy markets are now pricing some worse-case scenarios. Oil and gas prices continue to rise in the short term following Russia’s attack on Ukraine. Now, it’s not expected that the Nord Stream 2 pipeline is being able to go online
European Energy Market Update – Week 8 (Feb 27th, 2022) Read More »
What is financial hedging? Derivative Overlay (financial hedging). A derivative overlay is a contract that derives its value from the performance of an underlying entity. This underlying entity can be an asset, index, or interest rate and is often called the “underlying”. They can be held till expiry or can be traded. What is the purpose
Financial hedging Pros and Cons Read More »
Weekly energy market update: After testing the Dec’21 market peaked on Mon, the power price turned into a bearish correction as the tensions between Russia and Ukraine softened. The weather forecast remains mild and the increasing renewable generation with the strong LNG deliveries to Europe can put further bearish pressure on the power market. That
European Energy Market Update – Week 7 (Feb 20th, 2022) Read More »
History: Yekdem Support Mechanism for Renewable Energy YEKDEM is Renewable Energy Resources Support Scheme to incentivize renewable energy production in Turkey. The first law related to the promotion of renewables (Law No. 5346) was introduced in 2005. However, this law failed to attract investors to benefit from the support mechanism. Thus, the Turkish government decided
Turkey’s Feed-in Tariff for Renewable Energy Sources Support and YEKDEM 2022 outlook Read More »
What is PPA price? The European wholesale energy market crisis in 2021 led to an increased corporate demand for alternative energy sourcing strategies, such as procurement of electricity via long-term power purchase agreements (PPA). Due to the high energy cost pressure in the open wholesale electricity market, PPA became an even more attractive solution to
PPA Price Trends in Q1 2022. And where to find the best PPA deals in Europe? Read More »
Weekly energy market update: The EU power prices are more or less flat this week. Still, many market participants are worried about the energy supply disruption from Russia to Europe. It’s important to continue to monitor the impact of the following drivers in the coming weeks: The Lunar New Year holiday in China Solid LNG
European Energy Market Update – Week 6 (Feb 13th, 2022) Read More »
The International Energy Agency (IEA) has published a new Electricity Market Report as of January 2022, where they share the latest industry trends, news, and future outlook. In this article, we will review the main highlights of the 118-page report, so you can save your time and get only the most important out there. You can
Review of Electricity Market Report January 2022 by the IEA Read More »
Why are European gas prices so high? 2021 has seen unprecedented gas and electricity prices. The severely tight gas market scenario that persisted throughout the final months of 2021 was caused by a combination of rising demand and lower-than-expected supply that led to the European gas market crisis. Halted Russian pipeline supply flexibility and lower-than-average
The European gas market crisis. And will the European power price double in 2022? Read More »
