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 »
Introduction to the European Guarantees of Origin Many believe that the market of the European guarantees of origin (GOs) is oversupplied, resulting in low prices. However, this statement is no longer right because, in recent years, the gap between demand and supply of GOs has narrowed with many corporates implementing their renewable energy objectives and
The rising price of the European guarantees of origin and Future GO market outlook Read More »
Weekly energy market update: The market price increased ~20% over the past weeks mainly due to the geopolitical tension between Russia and the West. However, in Feb, there are several important bearish drivers to watch out for: The Lunar New Year holiday in China Solid LNG gas send-outs to Europe from the USA Increasing renewable
European Energy Market Update – Week 5 (Feb 6th, 2022) Read More »
What are renewable energy certificates used for? Renewable certificates (RECs) or Guarantees of Origin (GOs) are documents that attest to the fact that a specific amount of electricity was generated using renewable energy sources. When businesses buy renewable certificates to cover their energy use, they can be assured that an equal amount of renewable electricity
Is natural gas going up 2022? The Energy Markets Regulatory Authority (EMRA) regulates the Turkish gas sector. The state-owned Petroleum Pipeline Corporation (BOTAS) dominates the sector and has almost a monopolistic position over gas imports and exports. BOTAS also constructs and runs gas pipelines in Turkey. It’s also responsible for the monthly setting of gas tariffs for
What is a Power Purchase Agreement (PPA)? A Power Purchase Agreement (PPA) is a legally binding contract between an electricity buyer and a power producer, typically a renewable energy provider, that outlines the terms and conditions for the sale and purchase of electricity. PPAs are commonly used in the renewable energy industry to facilitate the
Power Purchase Agreement PPA Contract Risks & How to address them Read More »
What is a Power Purchase Agreement (PPA)? Power Purchase Agreement (PPA) allows companies to purchase renewable energy directly from a renewable generator or supplier. They are typically relatively long-term, fixed-price offtake agreements that provide the generator with longer-term revenue certainty and the corporate with longer-term electricity cost predictability and renewable credentials. There are several different
Power Purchase Agreement (PPA) & PPA Price Types Available in the Market? Read More »
Weekly energy market update: The market price volatility increased vs the last week on the back of the war tension between Ukraine and Russia. The risk that the gas supply to Europe can be disrupted boosted European power prices to historically high levels this week. However, from the weather side, we do not see any
European Energy Market Update – Week 4 (Jan 30th, 2022) Read More »
Types of Turkish Renewable Energy Certificates Turkish renewable energy certificates aim to promote energy from renewable energy sources (RES) and to give consumers a renewable supply choice. The sole purpose of GO is to prove to the final customer that a given quantity of energy was produced from renewable energy sources. GOs issued in favor
