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Montel News

@montelnews

Market-moving energy news. Also at @montelnews_NO🇸🇪🇳🇴🇩🇰 @montelnews_DE🇩🇪 @montelnews_ES🇪🇸 @montelnews_FR🇫🇷 and @montelforeks🇹🇷

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linkhttp://montelnews.com calendar_today26-04-2012 09:04:08

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🎧 New episode of ! 🌍 ACER steps up, tackling complex tasks in automated markets, expanding the REMIT framework, and harnessing new investigatory powers. How will ACER boost its brand in Europe? Listen here: montelnews.com/multimedia/mon…

🎧 New episode of #MontelWeeklyPodcast! 🌍 ACER steps up, tackling complex tasks in automated markets, expanding the REMIT framework, and harnessing new investigatory powers. How will ACER boost its brand in Europe? Listen here: montelnews.com/multimedia/mon… #EnergyRegulation #EU
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The EU could have 30-40bcm of surplus long-term contracted LNG imports from 2027 if the bloc achieves its goals in cutting gas demand, said EU energy regulatory agency Acer on Friday.

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Plummeting Spanish power prices due to excess renewables generation are threatening the financing of new green plants and could lead to project bankruptcies, experts told Montel this week.

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New capacity financed by power purchase agreements quadrupled to 3.6 GW on the year in Germany last year, energy agency Dena said in a report on Tuesday that forecast the trend to continue.

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SolarPower Europe has urged “rapid action” and “concrete measures” at national and European level to support solar manufacturers to ensure security of supply.

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Europe’s biomethane production could increase 20-fold to reach 111bcm by 2040, contributing to carbon emissions reduction targets, according to a report from the European Biogas Association (EBA) on Tuesday.

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Ukraine will remove current caps on power prices to allow stable commercial imports as the country’s own generation capacity continues to be degraded amid widespread Russian attacks, traders told Montel.
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The Italian government’s aspiration to revive nuclear energy production has been met with scepticism by industry experts warning of low demand for the technology amid the renewables push.

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Expansion work at Europe’s largest LNG import terminal – Grain LNG in southeast England – will see import capacity increase next year to further bolster the country’s energy flexibility, terminal manager Simon Culkin told Montel.

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The EU’s carbon border adjustment mechanism could reduce renewable investment and cross-border power trading from Britain to the EU, analysts told the Montel Weekly podcast.

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Global gas markets may face turmoil amid a fresh trade war if Donald Trump wins the November US presidential election, analysts said this week.

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The International Energy Agency said on Friday it was lowering its forecast for global oil demand growth this year due to weaker consumption in OECD countries.

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European LNG prices have jumped to their highest level in three months, propelled by bullish hub prices amid heightened risks to supply and lower discounts at port.

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dives into the EU's carbon border adjustment mechanism (CBAM) & its potential effects on electricity & renewable energy investment. Explore if this border tax could slow Europe's decarbonisation efforts.
Listen here: montelnews.com/multimedia/mon…

#MontelWeekly dives into the EU's carbon border adjustment mechanism (CBAM) & its potential effects on electricity & renewable energy investment. Explore if this border tax could slow Europe's decarbonisation efforts. Listen here: montelnews.com/multimedia/mon… #energysector #carbontax
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Draft EU market reforms intended to reduce power price volatility and dependence on fossil fuels were formally approved by the European Parliament in a vote on Thursday.

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The French government has set up a cross-party committee of MPs to strengthen its case to the EU that hydropower dams should be transferred to current operators.

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Norway is working to implement the EU’s second renewables directive within the new mid-August deadline set by the European Commission, foreign minister Espen Barth Eide told Montel on Thursday.

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EDF will need financial support to raise the tens of billions of euros needed to build a nuclear programme that includes six new generation EPRs in France, its CEO said.

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