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The Commission and Parliament argue it’s technically and politically feasible by 2027, but success depends on maintaining diversification momentum, Member State compliance, and no major shocks to supply or prices. The plan prohibits new Russian gas contracts from 2026, ends short-term contracts by mid-2026, and requires all long-term gas imports to cease by January 2028. Member States must prepare diversification […]
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In the third week of August, weekly prices in most major European electricity markets were lower than the previous week. The end of the heat wave that affected part of Europe led to a drop in electricity demand, which, together with higher wind energy production in most markets, contributed to the price decline. Source: Aleasoft
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The report warns that Europe’s energy infrastructure is one of the most vulnerable targets of Russia’s sabotage campaign. Decades of underinvestment have left electricity grids and gas networks fragile—average EU grid assets are about 40 years old, and 60% of investment needs to go into basic upgrades. Russian operations have targeted pipelines, refineries, power plants, and undersea energy cables, exploiting […]
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According to the findings of this report 64% of Russian LNG exports, valued at GBP 38.2 bn, have been covered by UK maritime insurance since the full-scale invasion of Ukraine. 76% of Russian LNG carriers were covered by UK maritime insurance. Since the start of the G7+ ban and price cap on Russian oil products till the end of Q1 […]
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The August 2025 GECF Monthly Gas Market Report highlights rising LNG trade, with global imports up 6.6% year-on-year in July, driven by strong European demand for storage injections and reduced pipeline flows. The feature article examines the EU–US trade agreement, which commits Europe to $750 billion in US energy imports by 2028, positioning LNG as the centerpiece. However, limited US […]
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In 2024, natural gas and LNG continued to provide economic stability and supply flexibility amid declining domestic production. While UK gas output fell 10% due to North Sea basin maturity, secure pipeline imports—up 20%—and strategic LNG infrastructure helped balance supply. A rebound in final demand (up 4.3%) in key sectors like domestic, commercial, and industrial signals a responsive market adapting […]
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Given the long-term and capital-intensive nature of hydrogen networks, ACER outlines key principles for spreading cost recovery across time to ensure fairer tariff structures between early and future users, mitigate volume and financing risks for hydrogen network operators (HNOs), and maintain investor confidence. The document draws on stakeholder consultations, early national examples (e.g. Germany’s WANDA scheme), and evolving regulatory practices […]
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Since the 2022 EU-Azerbaijan energy agreement, Azerbaijan has positioned itself as a strategic gas supplier for Europe’s diversification away from Russia. However, a detailed analysis of supply data, contracts, and infrastructure reveals Azerbaijan likely lacks the production capacity to meet its export pledges without importing significant volumes of Russian and Turkmen gas. Evidence suggests possible rebranding and re-export of Russian […]
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Fossil fuel quarterly generation increased by 33 TWh (+17%) in Q1 2025, due to declining generation from renewables and a moderate increase in demand. In total, coal-fired generation rose by 15% (+11 TWh), whereas less CO2-intensive gas generation increased even stronger by 23% (+21 TWh). Nuclear output rose by 4% (+6 TWh) in Q1 2025. Carbon prices in Q1 2025 […]
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