RE100

RE100 concludes its work on the 2022 RE100 technical criteria update

Renewable Certificates /

This week, RE100 published its new technical guidance on the procurement of renewable energy certificates by corporates. When acquiring renewable power and determining their progress toward their RE100 objectives, member firms of the RE100 association must adhere to the RE100 technical standards. Any corporate buyer may use the technical criteria as a reference for purchasing […]

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electricity market prices

EU plans several measures to lower electricity market prices, but would it be sufficient?

European Energy Market, Gas Market /

Electricity Market Prices at a Glance The electricity market prices have been on the rise since 2021. The situation has significantly worsened following the war outbreak in Ukraine in Feb’22. As a result, electricity market prices have increased to unprecedented levels, with German Cal23 baseload future contract trading above 1.000 EUR/MWh. Since the end of

EU plans several measures to lower electricity market prices, but would it be sufficient? Read More »

european energy market update

European Energy Market Update – Week 39 (Oct 2nd, 2022)

European Energy Market Review, Market Reports /

Energy Market Highlights: The European power prices decreased this week due to stable gas and bearish coal prices. However, the market remains still nervous about the near future. According to recent reports, several nations are writing a letter to the EU requesting it look into gas price limitations due to inflationary pressures. The EU Commission

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european energy market update

European Energy Market Update – Week 38 (Sept 25th, 2022)

European Energy Market Review, Market Reports /

Energy Market Highlights: Power and Gas prices in Europe declined from their peak in Aug’22. German Cal23 baseload power contract felt >50% since then. Nevertheless, the power and gas market for the upcoming winter in Europe remains very tight. Although the gas storage in Europe is approaching its maximum capacity, i.e. 87% capacity this week,

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european energy market update

European Energy Market Update – Week 35 (Sept 4th, 2022)

European Energy Market Review, Market Reports /

European Energy Market Highlights: European electricity prices dropped this week following the EU Commission’s announcement to redesign the electricity market mechanism amid the skyrocketing power price. Y+1 German power contract decreaed about -50% from its high of 1.000 EUR/MWh last Fri. EU gas storage reached 81% capacity this week ahead of the original plan. However,

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Gazprom halts gas supplies to Europe

Urgent! Gazprom halts gas supplies to Europe. Can Europe survive without gas this winter?

European Energy Market, Gas Market /

Energy Market Overview in Q3 2022 (Gazprom halts gas supplies to Europe) Over the past ten years, EU countries have become gradually more dependent on Russian gas. During this time, natural gas consumption in the EU was primarily unchanged. Meanwhile, output has decreased by two-thirds since 2010, and increased imports have supplied the resulting deficit.

Urgent! Gazprom halts gas supplies to Europe. Can Europe survive without gas this winter? Read More »

european energy market update

European Energy Market Update – Week 32 (Aug 14th, 2022)

European Energy Market Review, Market Reports /

Weekly Energy Market Highlights: Electricity markets continued their upward trends last week on the back of bad news on the weather front regarding the delivery of Russian gas to Europe or even the output of the nuclear power plant in France.  TTF Y+1 gas price reached a new high at 200 EUR/MWh last week. With

European Energy Market Update – Week 32 (Aug 14th, 2022) Read More »

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