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EU’s upcoming gas reform to address storage, joint procurement
A planned revision of EU gas market legislation, expected on 14 December, will seek to improve access to gas storage facilities and include provisions enabling the joint purchasing of gas stocks, the European Commission said.
read more... 06/12/2021
Nine EU member states reject need for energy market reform or climate rethink
Nine EU member states have rejected suggestions from France and Spain that Europe's wholesale energy markets need reform in response to the current energy price crisis, they said in a joint letter ahead of an emergency meeting of EU energy ministers to be held Oct. 26.
read more... 26/10/2021
EU outlines short and long-term answer to global energy price surge
The European Commission unveiled on Wednesday (13 October) a “toolbox” of measures EU countries will be able to draw from when responding to rising energy prices in the short term, while pointing to an upcoming gas market reform for measures to be considered in the long term.
read more... 14/10/2021
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Italy eying power bill reform as energy costs soar
Italy is looking to review the way electricity bills are calculated in an effort to curb prices at a time when energy costs are running high, two sources familiar with the matter said on Tuesday.
read more... 15/09/2021
Daily (15.07.2021): EUAs gained 1% on Wednesday after the publication of the ETS reform proposals
Crude oil prices ended lower on Wednesday, following reports of weaker demand and prospects of increased black gold supply from OPEC+ members. Losses, however, were limited by a further drop in US crude reserves. Brent oil fell by 2.3% to $74.76 a barrel and WTI oil declined by 2.8% to $73.13 a barrel.
read more... 15/07/2021