EEX exchange sees gas trading as growth driver
The European Energy Exchange (EEX) plans for further growth in its gas trading contracts in 2012 after expansion in 2011, its CEO Peter Reitz said.
The European Energy Exchange (EEX) plans for further growth in its gas trading contracts in 2012 after expansion in 2011, its CEO Peter Reitz said.
It is here, the dreaded by some, 2012. Hopefully, the doom predictions are going to be wrong and it will be just another year. Making predictions can turn out to be disastrously wrong for the journalists that attempt them. However, from an oil and gas perspective Ian McInnes gives it a go on some of the issues.
Europe’s energy costs are expected to rise until 2030. Renewables, nuclear and gas to play key roles in the region’s decarbonisation efforts.
China’s lack of new buying activity and a falling oil price pushed European prompt physical coal prices down.
EWEA sees wind energy’s potential to enable Europe to meet a third of its CO2 reduction target.
Talks hit dead end as Russia’s Gazprom opposes unbundling of gas pipeline infrastructure.
Nabucco reported to be close to withdrawing from Azerbaijan’s Shah Deniz 2 gas project, according to local Azeri sources.
The latest EU data show the block is on track to meet its Kyoto obligations by next year.
RWE and Gazprom are continuing talks about a possible gas-fired power plant joint venture in Europe.
EIB expected to sell off 300m EU carbon allowances from November onwards.
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