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Andreas Walstad

EU policy specialist

Andreas Walstad has a wide knowledge of the European energy industry. As the London Bureau Chief at Montel he wrote and edited market commentaries and analytical features across the commodity sector, including gas, oil, coal, power and the carbon markets. This added to the experience he gained covering the European energy markets as an Associate Editor at Platts. Andreas specialises in the UK and northwest European gas markets.

German utilities switch to gas in H1

Carbon prices and fuel costs have seen Germany’s power generators switching away from coal, H1 company results confirm.

Yesterday Europe & Russia / Alternative Fuels
A coal power plant in Germany.

Uniper determined to complete Germany’s last new coal plant

The company’s commitment to commission Datteln 4 by next summer shows Germany’s coal phase-out will take time despite encouraging levels of fuel-switching from coal to gas in recent months.

4 days ago Europe & Russia / Policy & Regulation
Peterhead gas-fired power plant in the UK

UK presses on with capacity auctions

The UK is planning to hold its next capacity auction for power generators in January 2020 in the hope that the suspension imposed by the EU Court of Justice will be lifted by then.

5 days ago Europe & Russia / Policy & Regulation
Clapham Junction station in darkness

UK blackout highlights role of interconnectors

The recent outage has flagged the growing need for electricity imports when shortages occur, but it also raises broader questions about the future of gas-fired power in Northwest Europe.

13 August 2019 Europe & Russia / Policy & Regulation

European storage levels near 90% full

The high stocks reflect a warm winter and a relatively high influx of LNG – but the expiry of the Russia-Ukraine transit agreement this winter is also a concern.

12 August 2019 Europe & Russia / Pipelines, Storage & Power

Qatar supplies 96% of UK LNG in May

The Middle Eastern country provided almost all of the UK’s LNG imports in May, with Algeria being the only other supplier.

5 August 2019 Europe & Russia / LNG
The Drax power station in the UK

Capacity payments may do little to prevent UK coal exit

RWE is shutting the last of its coal-fired power plants in the UK, with closures at other plants looking likely ahead of the country’s 2025 deadline for phasing out coal.

2 August 2019 Europe & Russia / Policy & Regulation
A CCGT power station in Antwerp

EU-Belgium litigation highlights issue of regulator independence

The European Commission’s decision to take court action against the Belgian government illustrates that lack of independence is an ongoing issue for national regulators across Europe.

1 August 2019 Europe & Russia / Policy & Regulation
Krk island in Croatia

Krk LNG leaps forward after Brussels approves state aid

The Croatian FSRU project cleared what was probably its final major hurdle on Wednesday after the European Commission announced it had approved a national grant of €100 million.

31 July 2019 Europe & Russia / LNG

Algeria-Italy export boost offsets drop in Libyan flows

Exports of piped gas to Italy from Algeria increased by around 10% last week while volumes from Libya fell by roughly the same degree.

30 July 2019 Middle East & Africa / Supply & Demand
Gas infrastructure in Romania.

Brussels ups pressure on Romania over export restrictions

The European Commission has given Romania two months to respond to its claims over restrictions on gas exports or it may refer the case to the European Court of Justice.

26 July 2019 Europe & Russia / Policy & Regulation
Andrea Leadsom, UK secretary of state for business, energy and industrial strategy

UK energy policy steps into the unknown after cabinet reshuffle

The appointment of Andrea Leadsom as the UK’s new energy minister will not impress climate campaigners and may test the country’s future energy relationship with the EU.

25 July 2019 Europe & Russia / Policy & Regulation
A hydrogen generating plant in the UK

Germany aims to boost hydrogen investment

Germany has scaled up its ambition on power-to-gas projects by pledging more financial support for pilot schemes, but doubts linger over cost-efficiency and technological barriers for large-scale deployment.

25 July 2019 Europe & Russia / Policy & Regulation
The Council of the EU meeting in 2017

Finnish EU presidency seeks support for 2050 climate vision

The Finnish presidency of the Council of the EU will make climate policy a priority during its six-month mandate, but it will face a challenge in getting all of the EU member states to commit to net-zero emissions by 2050.

24 July 2019 Europe & Russia / Policy & Regulation

Losses deepen for UK coal-fired power

Higher prices for carbon and coal have seen renewable sources pushing coal out of the UK’s power mix.

22 July 2019 Europe & Russia / Pipelines, Storage & Power

Belgium considers its options ahead of nuclear phase-out

The closure of nuclear reactors in Belgium presents an opportunity for gas to increase its market share, although capacity payments will be needed to trigger new investments.

19 July 2019 Europe & Russia / Policy & Regulation
A section of Polish pipeline

Baltic Pipe passes hurdle after approval by Danish regulator

The planned 10 bcm/y Baltic Pipe has moved closer to becoming reality after the Danish environment agency approved an onshore section of the pipeline.

18 July 2019 Europe & Russia / Pipelines, Storage & Power
New European Commission president Ursula von der Leyen

Brussels signals more ambition on green policies

The new head of the European Commission has vowed to propose more ambitious targets for CO2 emission reductions by 2030, which could help speed up the deployment of green gases and carbon-capture technologies.

18 July 2019 Europe & Russia / Policy & Regulation
A vessel laying the Nord Stream 2 pipeline

Brussels braces for Energy Charter renegotiations

The European Commission has secured a mandate to renegotiate the Energy Charter Treaty in what appears to be an attempt to press through changes ahead of a looming Nord Stream 2 lawsuit.

17 July 2019 Europe & Russia / Policy & Regulation
A Turkish drilling ship.

EU sanctions unlikely to halt Turkey’s drilling plans

The sanctions imposed on Monday do not seem likely to stop Ankara’s aspirations to continue drilling for hydrocarbons in the disputed waters offshore Cyprus.

16 July 2019 Europe & Russia / Policy & Regulation

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