Following the recent publication of the EU Agency for the Cooperation of Energy Regulators’ (ACER) annual reports on the implementation of two of the five gas network codes, it has become clear to some in the European gas industry that, at this stage, the EU’s vision of a single energy market is still something of […]
Energy Connections
Yahoo switch an example of increased fragmentation to come
Friday 5 August will be the end of an era for energy traders that have relied on the Yahoo messenger over the years, as the tech company winds down the traditional service. A proliferation of companies have looked to step into the gap – read more on that here. The result is most energy traders […]
Commission’s about-turn reassures gas shippers
The European Commission’s latest update to EU gas capacity allocation mechanism laws is an encouraging sign for market participants tired of law-makers introducing potentially market-changing rules without understanding their impact. The commission slipped in an unexpected and unwelcome surprise for market participants when it circulated a new draft of a network code for gas markets […]
Project delays: When the line between parody and reality blurs, it’s time to make a decision
Energy can be a dry topic. Sometimes, if I tell new people I’m an energy journalist a now-familiar look flashes across their face, and it is clear they have just thought, but not said: “Is that a real job then?” As a subject, energy encompasses finance, economics and physics among many other things – rarely […]
Gas industry struggles to prepare for changing rules amid tariffs storm
Knowing how to prepare for going outside during winter months feels, at times, impossible to predict in London. The weather behaves erratically from week to week – mild and rainy; brisk and sunny; bitter and cold; snowy and grey. At times, it has seemed that shippers, transmission system operators (TSOs) and regulators throughout the bloc […]
Proposal could shine bigger light on EU policy development
The European Commission has said in the future it will look to make draft texts of its implemented and delegated acts for key EU financial publicly available. First vice-president Frans Timmerman has made the proposal as part of his better regulation agenda. The proposal is at the early stages, with the commission hoping to conclude […]
Madrid Forum presentations published
The European Commission has published the presentations for next week’s Madrid Forum – a regulatory forum to discuss the creation of an internal gas market. The slides are always worth flicking through to find out about some of the latest developments.
Scotland and the UK energy markets
The future of Scotland is up for grabs on Thursday as voters decide if it should remain part of the UK or go solo. The ramifications for a yes vote are huge, as the debate in the media has shown. Currency has been one of the big points of debate, with the yes side arguing […]
Britain’s Ofgem to consult on REMIT guidance
British energy regulator Ofgem has said it will consult on changing its procedural guidelines and how it calculates penalties for breaches of REMIT. The consultation is slated for October. This comes around the same time the UK energy minister flagged his intention to introduce criminal penalties for energy market abuse . The criminal sanctions for […]
Energy regulation – what lurks beneath
When a deal was hammered out between EU lawmakers that exempted physical power and gas trades from counting as a derivative, the energy industry breathed a sigh of relief as it looked like it had avoided costly mandated clearing. But as this blog will show, that exemption doesn’t leave energy in the clear from regulations […]
Jump to page: