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Europe & Russia

Policy & Regulation
The Drax power station in the UK

Brexit fears jitter EU carbon market

Prices for EU carbon allowances have fallen in recent weeks over fears of a hard Brexit and a global recession, but further gains are possible even if the UK drops out of the ETS.

Yesterday Policy & Regulation
Nord Stream 2 pipes in Germany

Nord Stream 2 turns to ECJ despite WTO lessons

An annulment of the EU’s extended Gas Directive cannot be ruled out, but the Nord Stream 2 company may find it hard to convince the ECJ that the directive discriminates against the Gazprom-led project.

3 days ago Pipelines, Storage & Power
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.

15 August 2019 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 Policy & Regulation
The headquarters of the European Investment Bank

EIB U-turn risks gas infrastructure investment

The EIB is taking steps to become a ‘climate bank’ – at the expense of gas projects. It intends to phase out loans to all fossil fuel developments from 2021.

8 August 2019 Policy & Regulation
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 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 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 LNG
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 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 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 Policy & Regulation
Ukrainian President Volodymyr Zelensky casts his ballot

Zelensky unlikely to change Kiev’s gas transit stance after landslide win

Ukrainian President Volodymyr Zelensky’s party took around 43% of the vote in Sunday’s parliamentary election, meaning his government is unlikely to change Kiev’s negotiating position in the upcoming gas transit talks with Russia.

23 July 2019 Policy & Regulation

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 Policy & Regulation
A Polish coal-fired power station

Poland eyes nuclear and renewables to shift away from coal

Poland has set out ambitious plans for investments in nuclear and renewables that could potentially limit the scope for gas to replace coal in its power sector.

18 July 2019 Policy & Regulation
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 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 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 Policy & Regulation

Nordic nations see modest increase in green gases

Production of renewable gases in Sweden and Denmark has ramped up in recent years, but the fuel still has a long way to go to fulfil its potential.

15 July 2019 Alternative Fuels
The Datteln 4 coal power plant

Europe’s coal phase-out requires ETS rethink

The phase-out of coal power across Europe risks undesired consequences for gas and clean power unless action is taken to cancel a corresponding number of EU carbon allowances when plants retire.

11 July 2019 Policy & Regulation
Gas pipeline construction in Spain

Spanish utilities face revenue cuts

Spain’s competition regulator has proposed cuts to the fixed revenues for electricity and gas distributors. Major utilities fear these cuts could scare away investors.

11 July 2019 Policy & Regulation

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