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Gas prices sag on EC ruble payment confirmation

Date: 16.05.2022 Author: Nathan Witkop, Montel
Gas prices sag on EC ruble payment confirmationPhoto: Gazprom

European gas prices softened on Monday, as the European Commission confirmed gas buyers would not be punished for complying with Russia’s mechanism for purchasing gas in rubles.

EU court confirms Bulgaria’s SO2 breach

Date: 13.05.2022 Author: Peter Palčec
EU court confirms Bulgaria’s SO2 breachPhoto: www.pixabay.com

The Court of Justice of the European Union (CJEU) has ruled that constant SO2 pollution from the Maritsa Iztok complex, where Bulgaria’s biggest coal power plants are located, is in breach of EU

Gas and coal drift down on steady supplies

Date: 13.05.2022 Author: Kelly Paul, Montel
Gas and coal drift down on steady suppliesPhoto: ACER

European gas and coal prices drifted lower in Friday afternoon trading, with participants citing ample supplies despite lingering concerns caused by Russia’s war in Ukraine.

Balkan GO system to go live at end-June with 1 year buffer period

Date: 13.05.2022 Author: Maja Žuvela
Balkan GO system to go live at end-June with 1 year buffer periodPhoto: Roman Peklaj

The Energy Community will launch an electronic system for guarantees of origin (GOs) in the Western Balkans at the end of June 2022, its electricity market and renewables expert Naida Taso told Montel

Carbon prices flirt with EUR 90 ahead of Envi vote

Date: 13.05.2022 Author: Enza Tedesco, Montel
Carbon prices flirt with EUR 90 ahead of Envi votePhoto: Roman Peklaj

European carbon prices flirted with EUR 90/t in volatile trading on Friday ahead of a key European Parliament environmental committee (Envi) vote next week.

EC to cut carbon market auction supply by 348m EUAs

Date: 13.05.2022 Author: Enza Tedesco, Montel
EC to cut carbon market auction supply by 348m EUAsPhoto: Montel

The European Commission will transfer nearly 348m EUAs to the market stability reserve (MSR) this year, affecting auction volumes in the ETS between 1 September 2022 and 31 August 2023, it said late

Fuels spike on supply concerns

Date: 12.05.2022 Author: Andrés Cala, Montel
Fuels spike on supply concernsPhoto: energetika-portal.si

Gas and coal prices spiked on Thursday on growing supply concerns stoked by Western sanctions and Moscow’s retaliatory moves as a result of the war in Ukraine.

EUAs eye EUR 100 but move may not be sustainable – analysts

Date: 12.05.2022 Author: Enza Tedesco, Montel
EUAs eye EUR 100 but move may not be sustainable – analystsPhoto: Roman Peklaj

European carbon prices may attempt to hit the psychological EUR 100/t threshold in coming weeks, but the move would not be sustainable, analysts said on Thursday.

Gas falls as abundant supply calms fears

Date: 11.05.2022 Author: Laurence Walker, Montel
Gas falls as abundant supply calms fearsPhoto: Roman Peklaj

European gas prices continued to lose ground in late Wednesday trading as a cut to flows via a key Ukrainian transit pipeline failed to significantly unnerve market participants amid a relative

MEPs look set to back 67% emissions cut

Date: 11.05.2022 Author: Nathan Witkop, Montel
MEPs look set to back 67% emissions cutPhoto: Roman Peklaj

A cross-section of European lawmakers looked set on Wednesday to support tightening the carbon market by backing a 67% cut in emissions by 2030 among other measures.

Serbia’s new energy policy could include nuclear – president

Date: 10.05.2022 Author: Maja Žuvela
Serbia’s new energy policy could include nuclear – presidentPhoto: Rosatom

Serbia’s president Aleksandar Vucic said last week that the government is working on a new energy policy that would rely more heavily on renewables and possibly could include nuclear power as well.

Gas, coal prices edge lower on ruble payment optimism

Date: 10.05.2022 Author: Nathan Witkop, Montel
Gas, coal prices edge lower on ruble payment optimismPhoto: Roman Peklaj

European gas and coal contracts continued to edge lower on Tuesday amid soft fundamentals and mounting optimism that a dispute can be resolved over the payment for Russian gas in rubles.



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