UK Energy Bill Relief Scheme
The United Kingdom has published a fairly detailed plan to provide businesses and other non-domestic consumers relief from high energy prices this winter under the Energy Bill Relief Scheme.
United Kingdom
Complacency In EU Energy Markets
European electricity and natural gas prices have steadily declined over the past several weeks. We generally attribute this recent phenomenon to several factors including weather, inventory, and the situation with Ukraine.
Europe
Pipeline Sabotage
The recent news regarding explosions damaging the Nord Stream 1 and 2 pipelines is a concerning escalation of the weaponization of energy in Europe. While speculation is rampant as to who could have been behind this event, the implications for the European energy markets are equally important.
Europe
Nord Stream Flows Stopped
This past Friday was a very busy day for the European energy markets. After the European markets had closed, Gazprom issued a press release stating that oil had been detected in the Portovaya station's only operating compressor.
Europe
Whistling Past the Graveyard
With most of Europe deep into the holiday season, few are focused on the current energy crisis. Undoubtedly once corporate procurement managers and commodities traders return from their holidays, reality will quickly set in.
Europe
EU Council Regulations - Gas Demand Reduction
The next step in the EU's response to Russia's use of natural gas as a political weapon - the Regulations represent the "best" compromise the EU could construct to prepare for the looming threat of natural gas supply disruptions.
Europe