About: gas market
Berlin inches closer to expropriating Gazprom assets
Following the Russian announcement of sanctions against 31 European utilities, including Gazprom Germania, the German government is inching closer to expropriating the German Gazprom subsidiary and related assets.
LEAK: EU to mandate 90% gas storage refill for coming winters
The European Commission is expected to table proposals on Wednesday (23 March) obliging EU countries to fill up their gas stores at least 80% next winter and 90% in the following years, as well as introducing a new certification scheme to prevent manipulation of gas storage by foreign operators.
The sensible bet is to accelerate the energy transition
The energy price shock currently gripping Europe is settling in for the long term and needs to be addressed with market reforms to avoid high gas prices pushing up the cost of electricity, writes Teresa Ribera.
EU’s upcoming gas reform to address storage, joint procurement
A planned revision of EU gas market legislation, expected on 14 December, will seek to improve access to gas storage facilities and include provisions enabling the joint purchasing of gas stocks, the European Commission has said.
Gas and nuclear industries fight to the end for ‘green’ EU investment label
The gas and nuclear industries have ramped up lobbying to secure last-ditch changes to European rules defining which investments are sustainable, fearing that exclusion from a new “green” list could deprive them of billions of dollars of funding.
Academic: Gas storage has ‘big potential’ in Europe’s low-carbon future
Boasting 1,200 terawatt hours (TWh) of existing capacity, gas storage sites can be a formidable asset for Europe in the transition to a low-carbon economy, providing much-needed flexibility to a future energy system where gas and electricity will be more closely integrated, says Ilaria Conti.
The evolving role of gas storage in Europe
Departing from its usual supply security role, gas storage is vying for a central position in Europe’s vision of a hybrid energy system combining renewable electricity and low-carbon gases like hydrogen. But getting there won’t be a smooth run and regulators are watching closely.
‘No future’ for fossil gas in Europe, Greens insist
Natural gas of fossil origin has “no future” in Europe, Greens have warned as EU energy ministers prepared to sign a declaration on Tuesday (2 April) promoting “smart gas infrastructure” as part of a low-carbon energy mix for 2050.
Italy squeals on German gas tariff reform, EU ready to step in
The Italian gas authority has voiced alarm at a planned rise in transmission tariffs for gas coming from Germany, saying the reform will cost €300 million to Italian taxpayers. The EU said it stands ready to intervene.
Gas network chief: ‘By 2050, we assume CO2 emissions from energy will be zero’
Europe’s electricity and gas operators are currently working on a joint network plan based on a carbon budget which includes zero-emission scenarios for 2050. “And that automatically means there will be no fossil gas in the mix by then,” Jan Ingwersen told EURACTIV in an interview.
Gas industry boss: ‘We have to make gas greener’
The European gas industry is on the cusp of a green revolution similar to the one that took place in the electricity sector, with a greater variety of low-carbon gases feeding into the grid at the local level, says Jean-Marc...
Gas must be ‘completely’ decarbonised by 2050, says UK think-tank
Britain must entirely get rid of fossil-based natural gas in the coming three decades if the country is to meet its long-term decarbonisation objectives, according to a think-tank close to the ruling Conservative party.
Fact-check: Did EU gas liberalisation rules put Bulgaria’s national security at risk?
Bulgarian minister Temenuzhka Petkova has said her country preferred paying a multi-million euro fine rather than follow a Commission injunction. Such a reform, in her words, would have threatened the country's national security. EURACTIV checked the facts.
Commission to fine Bulgaria over gas market distortions
The European Commission will fine Bulgarian Energy Holding as early as this month for hindering rivals’ access to key gas infrastructure, Bloomberg reported on Tuesday (11 December), based on information from three sources familiar with the dossier.