Market Updates
Market Updates from NUS Consulting Group's team of global energy management and sustainability analysts
Market Updates / Australia
The Impact of CBAM on Australian Industries in 2025
How the CBAM (Carbon Border Adjustment Mechanism) impacts Australian industries in 2025 and beyond.
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Industry Insights
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Market Updates / United Kingdom
The Review of Electricity Market Arrangements (REMA)
The Review of Electricity Market Arrangements (REMA) was launched in April 2022 with a purpose to deliver reforms to the electricity market in Great Britain.
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Market Updates / United States
Electricity Rates Continue to Rise in California
In 2022, the California-based utility Pacific Gas & Electric (PG&E) received approval from the Public Utilities Commission to increase electric rates four times within the year.
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Market Updates
OPEC Kicks the Can (Again)
This weekend, OPEC convened its 37th OPEC and non-OPEC Ministerial Meetings (ONOMM). In truth, OPEC meetings have become a bit of a non-event lately, largely because the group has extended existing cuts for the past several meetings, awaiting global demand to firm.
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Market Updates
2024 US Elections and the Global Energy Market
United States elections are now approximately six months away, and time has an interesting way of passing quickly, particularly when some of the months include a summer holiday period. So, it is not too early to start thinking about the impact of the upcoming US presidential election on the global energy markets.
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Market Updates
Price Depends on Growth
With the geopolitical landscape in the Middle East remaining relatively calm for the time being, we can shift our focus to global energy market fundamentals.
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Market Updates
Israel Strikes Iran
Late last week, the escalating conflict between Israel and Iran took an unusual turn.
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Market Updates
Iran Responds
It has been two weeks since Israel's airstrike against Iran's embassy in Syria that killed several senior members of the country's Revolutionary Guard.
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Market Updates
Israel Attacks Iran in Syria
Today, several senior members of Iran's Revolutionary Guard were killed in an air strike on Iran's embassy compound in Damascus, Syria. One of those killed was Brigadier General Mohammad-Reza Zahedi, a prominent commander in Iran's Revolutionary Guard.
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Market Updates
Crude Oil Gains Momentum on Geopolitical Risk
Crude oil markets have been gaining momentum. Since the start of the year, crude prices have increased by approximately 15 percent. Several factors seem to be driving crude oil prices, but the principal one is geopolitical risk.
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Market Updates / Benelux
Belgium - Transmission Rate Increase
The Commission for Electricity and Gas Regulation in Belgium ('Creg') approved the tariff proposal for Belgium's Electricity System Operator - Elia.
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