Gas falls 7% on milder outlook
(Montel) European gas prices fell more than 7% on Thursday amid lower power prices and forecasts for…
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Investors slash carbon net short bets
(Montel) Speculative investors slashed their bets on falling carbon prices last week by more than 33%, Ice…
Read moreSpain to remove utility windfall tax from 2024
(Montel) Spain has not extended its windfall tax on utilities – affecting nuclear, hydropower and some renewable…
Read moreStatkraft restricts German power plant operation amid floods
(Montel) Norwegian utility Statkraft has restricted operations at its German power plants due to heavy rains in…
Read moreENBW makes 150 MW bidding error in German spot auction
(Montel) German utility ENBW made a bidding error of 150 MW in the German day-ahead auction for…
Read moreSpain to reinstate energy taxes as power prices ease
(Montel) Spain plans to reinstate a tax on electricity generation, while reducing a VAT cut on energy…
Read morePower futures soar as temperatures to tumble
(Montel) Power futures prices rose sharply across northern Europe on Wednesday, with the Nordic front month hitting…
Read moreOil prices trade flat but Middle East tensions continue to fester
(Montel) Oil prices were trading flat on Wednesday, though intensifying attacks by Iran-backed Houthi rebels in the…
Read moreEuropean power prices turn negative over Christmas period
(Montel) Prices in several European countries including Germany and France turned negative over the Christmas holidays amid…
Read moreEND OF DAY – Supply dearth keeps CO2 near 5-week high
(Montel) European carbon prices were trading near a five-week high on Friday afternoon amid a lack of…
Read moreFinnish TSO continues to oppose Epad auctions
(Montel) Finnish TSO Fingrid seeks to improve hedging possibilities in the financial power market through physical grid…
Read moreGerman wind power output surges to record high 53 GW
(Montel) Germany saw wind power generation surge to a record high in excess of 53 GW yesterday,…
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