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EU leaders to debate ‘contagion effect’ of gas prices on electricity
At the insistence of Spain and other southern countries, EU leaders will instruct officials to look into the contagion effect of gas prices on electricity markets, according to draft summit conclusions seen by EURACTIV.
read more... 28/03/2022
Daily (25.03.2022): European front-year electricity prices gained ground on Thursday amid bullish carbon prices
Crude oil prices retreated on Thursday in the absence of confirmation on banning Russian oil by the European Union. News that exports from Kazakhstan's Caspian Pipeline Consortium (CPC) terminal may partially resume added further pressure. Hence, Brent crude decreased by 2.1%, to settle at $119.03 a barrel. U.S. West Texas Intermediate (WTI) crude lost 2.3%, to settle at $112.34.
read more... 25/03/2022
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Support grows for reopening Dutch gas taps amid supply crisis
An increasing number of people and industry experts in the Netherlands are in favour of producing more gas from the country’s huge but depleting Groningen gas field amid growing concerns about a Europe-wide energy supply crunch.
read more... 25/03/2022
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Germany to start gas phase-out from 2024
Germany's coalition government has agreed to phase out natural gas from 2024, beginning with a drive to deploy renewable energy in heating, it said on Thursday.
read more... 25/03/2022
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EU tables plan to certify gas storage operators, threatening Russia’s Gazprom
A new mandatory certification scheme for owners of gas storage infrastructure was tabled by the European Commission on Wednesday (23 March), warning that those posing a security risk to Europe will have to give up ownership or cede control of facilities.
read more... 25/03/2022