Latin American countries – led by Mexico – have emerged as enthusiastic supporters of cap-and-trade markets to reduce greenhouse gas emissions.14 February 2020
The absence of National Energy and Climate Plans from a third of EU countries has set the European Commission on an increasingly tight deadline to deliver the plan for raising its 2030 targets.
EU ETS reform and lower gas prices have boosted gas-to-power generation across Europe, but the outlook for further growth seems uncertain.
A five-year agreement for third-party access to CNOOC’s LNG terminals is part of China’s efforts to liberalise its gas sector and allow more independent buyers to tap the international gas market.
Last week’s year-ahead capacity auction in the UK saw just 90 MW of contracts awarded to gas-fired installations while the Nemo electricity interconnector between Belgium and the UK secured an 820 MW contract.
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