Why is the gas market down and what to do about it?
European prices of natural gas have been breaking record lows on spot markets, leading to the questions such as: how did it happen? Is there a floor price? What will happen? For the purpose of this article we will focus mainly on the TTF market because [...]
DEMAND INCREASE: THE (NOT SO) SMALL PRINT OF THE ENERGY TRANSITION
Energy Efficiency is one of the new mantras in the industry. It has become a go-to reference in most commercial pitches – from renewables to hydrocarbons – and even generated a (well-deserved) Nobel prize. It has been claimed that, with a strong push in efficiency, the [...]
IS IT PROFITABLE TO BRING US LNG? TO SPAIN?
Spain has been characterized by having more natural gas (NG) inlets per tube than the liquefied natural gas (LNG) inlets. According to the latest Enagás report on the gas system, supplies in the form of natural gas (NG), 57%, exceeded in 2018 those of liquefied natural [...]
Air of change for Italy, how will you deal with the energy news of the Winter Package?
An energy transition based on confusing legislation and high European targets. How is the country moving towards respecting the PNIEC objectives? Great intentions and still few measures, definitely a great challenge and a race against time. Renewable energy, such as wind and solar, is now accepted [...]
CO2 prices in Germany and other countries; is ETS not enough?
The EU Emissions Trading System (ETS) is ever more relevant. Every year fewer allowances are available, the long-term price trend is upwards (despite the recent drops), and the incentive to replace CO2 intensive production techniques for less intensive ones becomes stronger every time. However, more and [...]
RENEWABLE AUCTIONS, what are they and what is behind the price diversity?
We are immersed in a process of paradigm change where the energy transition to a sustainable model is no longer an option. To this end, various energy policies have been carried out with greater or lesser success to establish the objectives for the energy future of [...]