TRADING
Photo: Roman PeklajHupx GO market to include Norwegian Necs registry from 22 Oct
October 3, 2024 | Maja ŽuvelaElectricity | Renewables | Energy policy | Economy | Ecology
The Hungarian power exchange will expand its guarantees of origin (GO) market to include the Norwegian Necs GO registry from 22 October, Marton Kadar, head of sales and business development at Hupx said on Thursday....
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Photo: TAP AGTTF trades flat amid lofty storage levels, supply risks
October 3, 2024 | Elias Huuhtanen, MontelEuropean gas prices were little changed in early Thursday trading as bearish fundamentals were offset by geopolitical concerns ahead of the winter heating season....
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Photo: PixabayUS bank to offer funds for new Bulgarian nuclear units by 2026
October 3, 2024 | MontelElectricity | Nuclear Energy
The Export-Import Bank of the United States (Exim) will provide financing to construct two new 1 GW units at Bulgaria’s Kozloduy nuclear plant by the end of 2025, Bulgaria’s energy ministry stated on Thursday....
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Photo: Andreja KrašnaGlobal gas demand to hit record high in 2024 – IEA
October 3, 2024 | Laurence Walker, MontelThe International Energy Agency (IEA) expects global gas demand to rise by 2.6% this year to a record 4,200bcm as Asia’s appetite for the fuel surges, and despite a marginal decline in European consumption....
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Photo: MontelSlovenian Gen-I launches 12 MW solar farm in N. Macedonia
October 3, 2024 | MontelElectricity | Renewables | Energy policy
The Slovenian energy company Gen-I has commissioned its second solar farm in North Macedonia with 12 MW of capacity, the company said in a press release late on Wednesday....
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Photo: www.tentesla.comSerbian utility to reconnect 210 MW coal unit on 10 October
October 3, 2024 | Maja ŽuvelaElectricity | Coal
The 210 MW A2 unit at Serbia's Tent coal-fired power plant should resume production on 10 October, the power utility Eps, its operator, said in its monthly energy bulletin....
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Photo: MontelOil holds near 1-month highs on Iran-Israel conflict
October 3, 2024 | Luke Roshan, MontelOil and oil derivates
Oil prices rose early on Thursday as investors assessed the supply risks in the Middle East as Israel plotted a retaliatory response following Iran’s missile strikes earlier this week....
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Photo: MontelUS bank approves USD 98m loan for Romanian SMR project
October 2, 2024 | Dalibor DobrićElectricity | Energy policy
The board of directors at the Export-Import Bank of the United States (Exim) has approved a USD 98m loan for a 462 MW small modular reactor (SMR) project in Romania’s Doicesti region....
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Photo: Roman PeklajSEE POWER – Improved supply weighs on Hungarian curve
October 2, 2024 | MontelElectricity
The end of the power unit maintenance season, mild weather and a recovering hydropower sector all contributed to a bearish picture for electricity prices in southeast Europe on Wednesday....
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Photo: TAP AGGas prices fall from 7-wk high as fundamentals beat geopolitics
October 2, 2024 | Kjersti Dalfest, MontelEurope’s benchmark gas contract retreated from a seven-week high hit earlier on Wednesday as despite an escalation of the conflict in the energy-rich Middle East fundamentals remained bearish....
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