Demand for floating storage regasification units (FSRUs) is rising, despite a climate of low gas prices and relatively low demand. ICIS experts Ed Cox and Josie Shillito discuss the growing demand for this relatively new technology.
French utility EDF revised down expected nuclear production this winter and power prices in France increased as a result. ICIS specialists Ben Lee and Joachim Moxon discuss the outlook for French power prices this winter in the context of the supply situation.
A system squeeze that triggered record prices on the over-the-counter UK power market is the subject of this week’s ICIS energy news highlights. ICIS experts Jamie Stewart and Chris Somers discuss a week that saw the most expensive baseload deal ever on UK power.
Gas-fired power generation has come into money in September providing a relief to operators that have been struggling with poor profit margins due to low power prices and higher gas prices relative to coal. ICIS's experts Jamie Stewart and Matthew Jones discuss what is behind the trend and weather gas's profitability is likely to be long-lived.
Maintenance on natural gas supply infrastructure hit mainland Europe in week 35 causing next-day delivery gas in Belgium to soar to a 13-year high premium to NBP prices. ICIS experts Ben Lee, Alex Thackrah and Thomas Rodgers discuss why this happened and how long it will likely last.
On Monday, Britain’s Centrica Storage announced that withdrawal capacity will be partially restored at the Rough gas storage facility this winter.
This means shippers will be able to withdraw more gas from the facility this winter than previously expected.
Innovation editor Silvia Molteni discusses the implications of the announcement and its impact on EU gas prices with gas expert Ben Samuel. The podcast can be found here.
The consortium backing the Nord Stream 2 natural gas pipeline this week withdrew an application for joint control of the project, following objections from the Polish Office of Competition and Consumer Protection. Tom Marzec-Manser, editor of European Spot Gas Markets, discusses the implication of this for the development of the project and its alternatives.
Despite annual maintenance at the Nord Stream pipeline that delivers Russian gas to Germany, short-term delivery contracts on the German gas hubs continue to fall. ICIS experts Ben Samuel and Marcello Kolax discuss the possibility of a bounce as the market moves into oversold territory.