Tag / natural gas markets

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European gas-infrastructure in light ofthe Commission’s new LNG and storage strategyPublished: 1 of February, 2018

After the European Commission released its strategic vision for EU LNG and Storage in 2016 REKK published a study examining the elasticity of European gas-infrastructure and the effects of storage related regulatory measures (storage obligations and ...

Evaluating the 6 March PRISMA capacity auctionsPublished: 17 of October, 2017

The last building blocks of the European regulatory LEGO have just clicked into place with the missing network codes, underpinning the first coordinated European capacity auction and the race for fair and indiscriminate competition. However, the results ...

Recent changes in European natural gas transmission tariffs – evolving tariff competition?Published: 1 of February, 2017

Lowering demand and spread between natural gas prices calls for transmission tariff reduction. Latest natural gas transmission tariffs are published on the NRA and/or TSO websites in every October or every January, depending on the beginning of the gas ...

REKK Quarterly: Trends in European coal to gas fuel switching and a Hungarian case studyPublished: 1 of August, 2016

Even as electricity demand remains largely stagnant across Europe, the use of natural gas in Europe’s power generation mix is showing prospects for growth, albei not uniformly. In the overall picture, lower gas prices, retiring coal plants, the need to ...

Russian gas pricing strategyPublished: 1 of August, 2016

Gas prices in Europe dropped dramatically in 2015 and reached time, demand in the European gas market remained stagnant. I historical lows in 2016. At the same n spite of this soft market environment, Russian deliveries to Europe managed to increase.

Capacity allocation developments in the gas market - facts and opinionsPublished: 2 of June, 2016

The European Network of Transmission System Operators plays a major role in creating uniform European markets for both electricity (ENTSOE) and gas (ENTSOG). Since its foundation in 2011 ACER (Agency for the Cooperation of Energy Regulators) has provided ...

The Commission's vision for LNG, storage and security: Complete the marketPublished: 2 of June, 2016

In February of this year, following a four month consultation period in 2015, the European Commission released a package of communications that include a concrete proposal for the revision of security of supply Regulation 994 and the outline of a ...

Gas infrastructure – Regional priority projects in Central and South Eastern EuropePublished: 26 of October, 2015

There are several EU documents declaring the need for more interconnectivity of the European gas networks, especially in South East Europe. Starting with the TEN-E Regulation, which sets the framework for defining projects of regional interest, to the ...

Looking ahead to Hungary’s next gas deal with RussiaPublished: 26 of October, 2015

Hungary’s natural gas market has been singularly dominated by the Panrusgaz legacy contract since 1996, and although its expiration is delayed until closer to 2018, it is easy to see that the new agreement will be negotiated on entirely different terms.

Light at the end of the tunnel?Potential effects of the fall in oil price on the profitability of natural gas based electricity generationPublished: 1 of March, 2015

Brent crude price displayed an unstoppable fall from July 2014, which was still ongoing in January 2015. The cause of the price drop was fundamental supply and demand: shale oil producers in North America produced an oversupply in oil, which was matched ...