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Russia completely halts gas flows to ItalyPhoto: Gazprom

Russia completely halts gas flows to Italy

October 2, 2022 | Enza Tedesco and Laurence Walker, Montel

Russia has completely stopped its gas exports to Italy on Saturday, Italian energy company Eni said....


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EU ministers agree revenue caps in power sectorPhoto: arhiv Energetika.NET

EU ministers agree revenue caps in power sector

September 30, 2022 | Siobhan Hall, Montel
Electricity | Energy policy

EU energy ministers have agreed to cap low-cost power generators’ revenues, as well as market revenues of power trading companies, the Czech EU presidency said on Friday....


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German Cal 23 falls on Berlin’s intervention policyPhoto: ACER

German Cal 23 falls on Berlin’s intervention policy

September 30, 2022 | Isaac Bah, Montel
Electricity

Germany's benchmark power contract fell EUR 13 on Friday, with participants citing the government’s announcement in the previous session of a EUR 200bn scheme to help companies and households cope with surging energy costs....


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Albania cancels power price hike citing lower consumptionPhoto: Montel

Albania cancels power price hike citing lower consumption

September 30, 2022 | Montel
Electricity | Energy policy

The Albanian government has provisionally cancelled the power price hike for those spending more than 800 kWh per month, prime minister said on Friday....


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Gas prices slide on mild weather outlookPhoto: TAP AG

Gas prices slide on mild weather outlook

September 30, 2022 | Julia Demirdag, Montel

European gas prices dropped on Friday as forecasts for relatively mild and windy weather and rising storage levels eased some worries about low supplies coming from Russia....


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Carbon prices strengthen over MEP sales debatePhoto: Montel

Carbon prices strengthen over MEP sales debate

September 30, 2022 | Enza Tedesco, Montel
CO2 emissions

Europe’s benchmark carbon contract was climbing on Friday with the market’s attention focused on possible interventions in energy markets, additional allowance supplies and the overall economic outlook....


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Slovenia readies 553 MW of gas units to cover peak power demandPhoto: TEŠ

Slovenia readies 553 MW of gas units to cover peak power demand

September 30, 2022 | Tanja Srnovršnik
Electricity

All large gas units are on standby in Slovenia in case they are needed to cover peak power demand during the Krsko nuclear plant's overhaul in October, said the TSO on Friday....


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Russian gas flows remain unchanged todayPhoto: Gazprom

Russian gas flows remain unchanged today

September 30, 2022 | Nathan Witkop, Montel

Russia will send around 37mcm of gas to northwestern Europe, unchanged from Thursday, according to Friday’s pipeline operator data....


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Oil prices set for fourth consecutive month of declinesPhoto: Tanja S. Volarič

Oil prices set for fourth consecutive month of declines

September 30, 2022 | Jeff Coelho, Montel
Oil and oil derivates | Economy

Oil prices were heading for the fourth consecutive month of losses on Friday, with worries about global recession dominating market sentiment and raising the prospect of a further cut in production by Opec and its allies....


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EC to propose EU price cap on gas for power generationPhoto: Montel

EC to propose EU price cap on gas for power generation

September 29, 2022 | Siobhan Hall, Montel
Electricity | Energy policy

The European Commission was ready to propose an EU price cap on gas used for power generation, EU energy commissioner Kadri Simson said on Thursday....


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