Governments in most of the largest European gas markets are committed to COP21 decarbonisation targets.  Some future targets are likely to be missed. ...

Two key capacity auctions are approaching in Q1 2020 that will shape the UK power market capacity mix into the mid 2020s.  12-14 GW of incremental fl ...

Commercial evolution of the LNG market has accelerated over the last three years. This is the result of new and more flexible sources of supply.  But ...

We flagged a ‘take off’ in European merchant battery investment as one of our 5 surprises to watch out for in 2019. Investment momentum has been a ...

Billions of pounds are being invested in flexible peaking capacity in the UK, as the coal fleet closes and older gas plants retire.  The two dominant ...

A more dynamic demand side is a key building block of the energy transition. But the ability to achieve this depends strongly on the rapid evolution o ...

When the UK capacity market was introduced in 2014, large grid connected CCGTs were anticipated to be the primary provider of new capacity.  Step for ...

‘Battery storage flexibility is a key building block of a decarbonised power sector.’ This statement is not a myth.  In fact it is almost a tr ...

Two deals were announced at the end of February that highlight two structural trends transforming European energy markets: Small players driving ...

Welcome back to our first feature article for 2019.  As has become tradition we start the year with five surprises to watch for on your radar screens ...

This decade has been a tough one for owners of flexible midstream gas assets such as storage, pipelines & regas terminals. Asset returns have been ...

The transition taking place in European power markets is reshaping supply stacks. Retiring coal, CCGT & nuclear plants are being replaced with a c ...

The current interest in UK merchant battery investment is supported by some powerful fundamental drivers. The most important of these is a strong case ...

To trade or not to trade. This has been a philosophical question confronting energy company boards since the liberalization of energy markets. Trad ...

Battery storage broke through the investment viability barrier in the UK’s 2016 capacity auctions. 200MW of batteries were successful in the 2016 ...

Storage capacity is a feature of most European gas portfolios.  Traders and portfolio managers use storage as a key source of midstream flexibility t ...

The 8 £/kW clearing price in this year’s capacity auction presented a serious roadblock for new CCGT projects. But Scottish utility SSE has mounted ...

There have been genuine reductions in the costs of flexible capacity over the last 12 months.  These have been supported by falling costs of capital ...

48 mtpa of 2nd wave US export projects are queued to go.  They have sites, FERC approval and in many cases good access to infrastructure and skilled ...

Owners of gas and power assets in Europe are increasingly contracting 3rd parties to provide market access services. This is a function of changing as ...

A major transition is taking place with European energy asset ownership structures. Thermal power and midstream gas assets have traditionally been own ...

The pricing terms of long term contracts on flexible gas & power assets are typically the subject of lengthy negotiations. They also often remain ...

European energy asset transaction activity is on the rise. After ambitious but largely unsuccessful growth and acquisition sprees last decade, utiliti ...

This is the third and final in a series of articles on commercial negotiation of long term energy contracts, written by Nick Perry. In the first tw ...

The gap between gas hub and oil indexed contract prices has been a key factor driving the evolution of the European gas market over the last five year ...