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EC to launch second renewable hydrogen auction in December

Date: 27.09.2024 Author: Fatima Sadouki, Montel
EC to launch second renewable hydrogen auction in DecemberPhoto: Roman Peklaj

The European Commission has published the terms and conditions for the second auction for renewable hydrogen production held under the European hydrogen bank.

TTF rebounds off 16-day high as Norway flows ramp up

Date: 26.09.2024 Author: Elias Huuhtanen, Montel
TTF rebounds off 16-day high as Norway flows ramp upPhoto: Andreja Krašna

European gas prices fell in Thursday trading, amid higher Norwegian flows and low demand – with the TTF falling back from a more than two-week high reached in the previous session.

Greater clean energy flexibility in EU could save EUR 9bn

Date: 26.09.2024 Author: Kelly Paul, Montel
Greater clean energy flexibility in EU could save EUR 9bnPhoto: Pixabay

The rapid deployment of flexibility solutions such as batteries could help the EU harness 183 TWh of excess renewable power to meet demand and limit price spikes linked to costly gas, Ember said on

Oil extends slide as Saudis reportedly ready to boost output

Date: 26.09.2024 Author: Luke Roshan, Montel
Oil extends slide as Saudis reportedly ready to boost outputPhoto: Montel

Oil prices continued to slide on Thursday following a report suggesting Saudi Arabia – the world’s largest exporter of crude oil – is committed to pumping more oil back into the market from

Carbon rises with gas

Date: 23.09.2024 Author: Julia Demirdag, Montel
Carbon rises with gasPhoto: Informa Echo

European carbon prices rose on Monday, driven by a stronger gas market which benefitted from a cooler outlook and geopolitics.

OTC gas trading volumes jump 7.6% in August – Leba

Date: 23.09.2024 Author: Kelly Paul, Montel
OTC gas trading volumes jump 7.6% in August – LebaPhoto: Andreja Krašna

Traded gas volumes in EU-brokered markets jumped by more than 7% year on year in August, led by an uptick on the Dutch TTF hub, data from the London Energy Brokers’ Association (Leba) showed on

TTF prices extend rebound

Date: 23.09.2024 Author: Nathan Witkop, Montel
TTF prices extend reboundPhoto: energetika-portal.si

Benchmark European gas prices extended a rebound on Monday morning after last week’s erroneous reports of an Azerbaijani gas transit deal with Ukraine tipped the market to an eight-week low.

Oil steadies after volatile period but demand concerns persist

Date: 16.09.2024 Author: Luke Roshan, Montel
Oil steadies after volatile period but demand concerns persistPhoto: Montel

Oil prices steadied on Monday but investors remained bearish on demand after economic data from China over the weekend showed industrial activity in the world’s top crude importer was on its longest

Azerbaijan gas can’t offset Ukraine transit halt – analysts

Date: 11.09.2024 Author: Laurence Walker, Montel
Azerbaijan gas can’t offset Ukraine transit halt – analystsPhoto: Roman Peklaj

Azerbaijan has been touted as a possible saviour to Europe’s gas market amid the impending halt to Russian flows via Ukraine, but analysts close to the situation told Montel of their doubts.

European coal imports hit multi-year lows in August – Kpler

Date: 06.09.2024 Author: Laurence Walker, Montel
European coal imports hit multi-year lows in August – KplerPhoto: Montel

European coal imports last month fell to multi-year lows, as weak demand and ample competing gas and renewable power output dented seaborne deliveries, vessel-tracking data from Kpler showed on

Revamp EU green deal as it’s “against business logic” – Orban

Date: 06.09.2024 Author: Alina Trabattoni, Montel
Revamp EU green deal as it’s “against business logic” – OrbanPhoto: Pixabay

The EU must water down its European green deal legislation to help industry regain competitiveness as it went “against business logic”, Hungarian prime minister Viktor Orban said on Friday.

Gas prices correct upwards after 1-month lows

Date: 06.09.2024 Author: Maria Haensch, Montel
Gas prices correct upwards after 1-month lowsPhoto: Andreja Krašna

European gas prices corrected up on Friday after falling to a one-month low in the previous session.



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