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MEP Liese backs 4.2% annual cut in ETS emissions cap

Date: 14.01.2022 Author: Siobhan Hall, Montel
MEP Liese backs 4.2% annual cut in ETS emissions capPhoto: Informa Echo

The European Parliament’s lead negotiator on emissions trading system (ETS) reforms supports cutting the annual cap by 4.2% each year from 2021 as the European Commission proposed in July, he said

Carbon prices to trade in volatile EUR 80-85/t range

Date: 14.01.2022 Author: Enza Tedesco, Montel
Carbon prices to trade in volatile EUR 80-85/t rangePhoto: Ana Vučina Vršnak

European carbon prices are set to move within an EUR 80-85/t range next week amid continued volatility.

TTF gas prices rise amid French nuclear power cut plans

Date: 14.01.2022 Author: Maria Haensch, Montel
TTF gas prices rise amid French nuclear power cut plansPhoto: Roman Peklaj

European gas prices rose on Friday after French utility EDF announced plans to cut nuclear production, likely increasing demand for gas-fired power generation.

Refinitiv hikes CO2 forecast 30% to EUR 85/t for Q1

Date: 14.01.2022 Author: Enza Tedesco, Montel
Refinitiv hikes CO2 forecast 30% to EUR 85/t for Q1Photo: Pixabay

Refinitiv analysts have hiked their forecasts for European carbon prices to average EUR 85/t in Q1 and EUR 80/t in Q2 – compared with a prior prediction of EUR 60/t for H1, the firm said in its

German coal imports may rise 12% in 2022 – trade group

Date: 14.01.2022 Author: Laurence Walker, Montel
German coal imports may rise 12% in 2022 – trade groupPhoto: Pixabay

German thermal coal imports could increase 12% this year to 28.5m tonnes thanks to growing power demand, a reduced nuclear plant fleet and still-high competing gas prices, Germany’s coal importers

Germany to become net power importer from 2023 – IEA

Date: 14.01.2022 Author: Andreas Lochner, Montel
Germany to become net power importer from 2023 – IEAPhoto: Roman Peklaj

Germany is set to become a net importer of electricity from next year amid the country’s nuclear and coal exit, said the International Energy Agency (IEA) on Friday.

EU not on track to meet its new climate targets – EEA

Date: 13.01.2022 Author: Peter Palčec
EU not on track to meet its new climate targets – EEAPhoto: Pixabay

The EU will fail to reach its new 2030 and 2050 climate targets, according to the latest projections from the EU's emissions trading system (ETS), the European Environment Agency (EEA) warned on

Global LNG market set to remain tight in 2022 – Poten

Date: 13.01.2022 Author: Andrés Cala , Montel
Global LNG market set to remain tight in 2022 – PotenPhoto: www.portofrotterdam.com

Global LNG markets will likely remain tight in 2022 amid ongoing robust demand and limited supply growth, said the forecasting manager at Poten & Partners.

Eon, Horisont cooperate on hydrogen, carbon capture

Date: 13.01.2022 Author: Christian Driessen, Montel
Eon, Horisont cooperate on hydrogen, carbon capturePhoto: www.dnv.com

German utility Eon and Norwegian hydrogen firm Horisont Energi plan to jointly develop hydrogen production and carbon removal services, Eon said late on Wednesday.

US LNG exports to rise 18% in 2022 – EIA

Date: 12.01.2022 Author: Andrés Cala, Montel
US LNG exports to rise 18% in 2022 – EIAPhoto: UMAS London

The US will likely hike LNG exports 18% this year to 11.54bn cubic feet per day (327mcm/day) on the back of capacity additions, the US Energy Information Administration (EIA) said late on Tuesday.

Dutch to nearly double this year’s Groningen gas output

Date: 07.01.2022 Author: Karolin Schaps, Montel
Dutch to nearly double this year’s Groningen gas outputPhoto: Serinus Energy

The Dutch government wants to nearly double output from the Groningen gas field to 7.6bcm in the current gas year due to a delay in alternative low-calorific gas supplies and higher demand from

Opec+ agrees to boost supply by 0.4m bbl/day in Feb

Date: 04.01.2022 Author: Jeff Coelho, Montel
Opec+ agrees to boost supply by 0.4m bbl/day in FebPhoto: Tanja S. Volarič

Opec and its Russia-led partners agreed on Tuesday to increase oil supply in February by 0.4m bbl/day, the same amount as in each month since August.



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