Weekly European Energy Market Highlights: Energy market conditions since Wednesday 8th June have seen multiple technical events that led to a >20% increase in the European gas price. Freeport LNG, which accounts for about a fifth of US LNG exports and about 10% of Europe’s imports this year, said on Tuesday that repairs following an […]
European Energy Market Update – Week 24 (June 19th, 2022) Read More »
In the previous article, we have discussed 3 possible power market scenarios that can develop around Russian gas supplies to Europe: Low Case (probability 10%). A short-lived and small-scale invasion, with a limited number of casualties over a number of days. The diplomacy prevails and there are no sanctions evoked toward energy supplies from Russia. The
Did Europe just lose 40% of its gas supplies? Read More »
Tedas electricity Tariff Update – June 2022 Global electricity markets have been on the rise since the post-covid recovery, and this trend has been exacerbated by the outbreak of the armed conflict between Russia and Ukraine. Current market fundamentals point to a bullish evolution well into CY2023. Obviously, some bearish factors are on the table
Why is Russian gas so crucial for Europe? Because of its North Sea gas production and LNG import infrastructure, the UK’s reliance on Russian gas is modest compared to most European countries, with less than 4% of the total supply. Furthermore, the UK has stated that it intends to diversify further away from Russian imports.
Russian gas cut off. Will Europe be able to replace Russian gas? Read More »
Energy Market Update – Week 22: Oil prices increased, supported by the EU agreement on banning Russian oil imports. Prices are now close to the eight-year high as the market remains concerned about tight supply. OPEC has decided to stick to its original oil production plans in July despite the Westerns’ calls to boost the
European Energy Market Update – Week 22 (June 5th, 2022) Read More »
Where to find the best PPA deals? The world’s energy market is in a big shock. The energy price in the market across the EU is set based on the merit order principle. Plants with the highest marginal costs needed to fulfil the electricity demand drive the electricity price. Renewable is the cheapest generation source,
PPA Price Trends in Q2 2022. And where to find the best PPA deals in Europe? Read More »
Weekly energy market update: Oil prices recovered this week as strong demand offset broader economic fears. Shanghai is set to reopen on June 1 after a two-month lockdown that will fuel the commodity market demand. Following the suspension of Russian gas supplies to Poland and Bulgaria last month, as well as Finland last weekend, due
European Energy Market Update – Week 21 (May 29th, 2022) Read More »
Weekly energy market update: Overall, the power market prices were stable this week. However, the tense geopolitical situation and uncertainty around Russian gas supply are likely to continue providing sentiments to the market limiting the downside. The gas stock levels continued to recover rising to 42% in Europe amid the strong LNG gas deliveries from USA
European Energy Market Update – Week 20 (May 22nd, 2022) Read More »
Top energy industry trends Several future energy market trends are going to change the way energy markets operate today. This article discusses the main energy trends in 2022. The increasing growth rate of the Electricity Grid and Network Charges In Europe, grid costs currently account for around 1/4 of an electrical bill. These costs are
Future energy market trends that you need to know right away Read More »
Weekly energy market update: Since the start of May, the European energy market has been bullish, with a slight mini-correction in the last 14 days. News on 10th May of the Ukrainian gas shipper refusing to operate a major gas compressor plant in the east of the country has removed 10-30mil m3 of gas transit
European Energy Market Update – Week 19 (May 15th, 2022) Read More »
