Shifting toward LNG

By | 2023-05-13T12:21:21+00:00 May 13th, 2023|Categories: Electricity Markets, Energy Markets, Energy Policies, Gas|Tags: , , |

The worldwide natural gas market experienced a significant upheaval in 2022 when Russia drastically reduced pipeline deliveries to Europe. This created exceptional pressure on supply and led to a global energy crisis. However, Europe managed to surpass historical storage averages in their underground gas reserves due to a variety of targeted policy measures, a sharp decrease [...]

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Demand Flexibility

By | 2023-04-17T12:51:50+00:00 April 17th, 2023|Categories: Energy Markets, Featured, Italy, Portugal, Spain|Tags: , |

Energy despite being associated to human progress since its dawn, endorses a great intrinsic challenge, its management. In European markets, these management lays on two main actors: the market operator (MO) and the System Operator (SO). The market operator acts as a central procurement chamber where a marginalist price auction for each hour of the day [...]

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Capacity Market to Support Renewables in Spain

By | 2021-05-12T13:23:45+00:00 May 12th, 2021|Categories: Energy Markets, Energy Policies, Featured, M·Blog, Spain|Tags: , , |

Wednesday, May 12, 2021, the deadline for submitting allegations to the Draft Order that creates a capacity market in the Spanish electricity system is over. A long-awaited regulation by agents of the electrical system since the penetration of variable renewable energy, such as photovoltaic and wind, is continuously growing and will continue to do so. It [...]

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Pandemics and oil

By | 2020-04-08T17:04:45+00:00 April 8th, 2020|Categories: Energy Markets, Featured, Gas, M·Blog, Oil, Spain|Tags: , , |

Global oil and gas markets are facing an unprecedented situation: demand is collapsing because of the impact of the coronavirus (COVID-19) while supply, already overabundant, is significantly increasing. In some countries, large-scale production and exports of oil and gas provide vital income to finance their national budgets, which means volatility in global energy markets can translate [...]

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