Companies from Bosnia and Herzegovina could lose more than 250 million euros annually if the country does not join the cross-border carbon export tax payment system (CBAM) introduced by the European Union to encourage non-member countries to stop producing electricity from fossil fuels. From October 1, 2023, the European Commission introduced the Carbon Border Adjustment […]
Europe: CO2 emission allowances reached 73 euros/t in week 18 Read More »
According to AleaSoft Energy Forecasting, for CO2 emission allowances futures in the EEX market for the reference contract of December 2024, settlement prices remained above €70/t during the second week of May. On Tuesday, May 7, these futures reached their weekly minimum settlement price, €70.98/t. According to data analyzed at AleaSoft Energy Forecasting, this price
Europe: TTF gas futures reached the weekly maximum of 32.1 euros/MWh Read More »
According to AleaSoft Energy Forecasting, TTF gas futures in the ICE market for the FrontMonth, on Monday, May 6, reached their weekly maximum settlement price, €32.14/MWh. According to data analyzed at AleaSoft Energy Forecasting, this price was 15% higher than the previous Monday and the highest since April 19. Subsequently, settlement prices declined, but they
Europe: Electricity prices ranged between 28 and 92 euros/MWh in week 18 Read More »
According to AleaSoft Energy Forecasting, in the second week of May, prices in the main European electricity markets increased compared to the previous week. Most markets reached the highest prices of the week on Monday, May 6, and then fell back over the week, leaving most days at prices similar to those of previous weeks.
Europe: Wind energy production decreased in week 18 Read More »
According to AleaSoft Energy Forecasting, in the second week of May, wind energy production decreased in all analyzed European markets compared to the previous week. The German market experienced the largest decrease, 64%, followed by the Portuguese, Spanish and Italian markets, with decreases of 50%, 34% and 27%, respectively. The French market continued to register
Europe: Solar energy production increased in week 18 Read More »
According to AleaSoft Energy Forecasting, in the second week of May, prices in the main European electricity markets remained at similar levels to those of previous weeks, although the weekly average rose in most of them. The weekly average price fell only in the French market, which registered the lowest value, thus breaking the Iberian
Rumunija: BSOG napreduje sa projektom ofšor vetra od 3 GW Read More »
Kompanija BSOG, koji je započela ekstrakciju prirodnog gasa u perimetru Midia u plitkim vodama Crnog mora u Rumuniji (MGD projekat), odlučila je da nastavi sa svojim projektom vetroelektrane na moru na istom mestu, nakon završetka studije izvodljivosti. BSOG i njegovi partneri planiraju da razviju ofšor vetroelektranu instalisane snage 3 GW, prema nedavnoj najavi. Konsultant u
Greek gas-fired power plants are planned to contribute a total of 5.4 TWh to the energy mix in 2030, down from 19 TWh in 2022, a 72 percent reduction that will be unavoidable as a result of the influx of more renewables, Aristotelis Aivaliotis, the energy ministry’s General Secretary of Energy and Natural Resources, has
Romania: BSOG advances 3GW offshore wind project in Black Sea Read More »
BSOG, which launched natural gas extraction in the Midia perimeter in Romania’s shallow Black Sea waters (MGD Project), decided to go ahead with its offshore wind project in the same place after completing the feasibility study. BSOG and its partners plan to develop 3GW, according to recent announcement. The consultant, OWC, announced that it completed
