Will the Emission Trading System stay on track?
The financial crisis of 12 years ago had such an impact on the economic growth path and corresponding emission levels that the price for CO2 emission rights did not recover until recently policy changes came into effect that reduced the surplus of emission rights caused in [...]
The Covid-19 emergency and its impact on the photovoltaic sector
In an earlier blog, we put on the table how the energy market in Italy has been radically affected by the Covid-19 health emergency. We recall that, among the different European member states, Italy was chronologically the first victim of the pandemic and a symbol of [...]
Is the market “broken”? What can we expect now?
For weeks, COVID19 has monopolized the titles, news, articles, blogs, opinions and comments. We are not going to talk about what the arrival of this virus has meant, but it is necessary to reflect on the scenario in which energy markets are now, on which we [...]
The virus that popped (or didn’t pop) the bubble
The coronavirus has caused an unprecedented global health and economic crisis. The energy sector, as a key actor, has been particularly affected by this crisis, but is also a key sector for the global response and recovery efforts. Energy security continues to be an area of [...]
OPEC+ new deal: The antidote? Or just another vaccine?
After one month of a dramatic break-up and a beginning of an oil war between Russia and the Saudi Arabia, history was made last Sunday with a renewed agreement achieved by OPEC + of 9.7 million barrels per day (mbpd) oil output cut. A 10 million [...]
Pandemics and oil
Global oil and gas markets are facing an unprecedented situation: demand is collapsing because of the impact of the coronavirus (COVID-19) while supply, already overabundant, is significantly increasing. In some countries, large-scale production and exports of oil and gas provide vital income to finance their national [...]