EU gas market functioning continued to improve in 2020: ACER | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
ACER: EU Gas Supply Sourcing Costs Fell To A Record Low In 2020 Due Mainly To COVID-19 Gas Demand Reductions And Record LNG Deliveries Date
26/04/2021
Average gas supply sourcing costs declined in 2020 in most EU Member States and the Energy Community Contracting Parties by more than 4 Euros/MWh year on year, according to today’s preliminary assessment by the EU Agency for the Cooperation for Energy Regulators (ACER) and the Energy Community.
The main drivers of the price decline were the demand reduction caused by COVID-19 and the highest-ever liquefied natural gas (LNG) deliveries registered during the first half of 2020. These resulted in historically low EU hub spot prices in the second quarter of 2020. The decline in the prices of other energy commodities and the above average underground storage stocks at the beginning of the injection season were other contributing factors. Even though hub prices partly recovered from the third quarter, average yearly supply sourc
North Macedonia s Electricity Producer ESM Commits to Internal Carbon Pricing energetskiportal.rs - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from energetskiportal.rs Daily Mail and Mail on Sunday newspapers.
Europex: The Essential Tasks Of Delegated Operators In The Electricity Market Date
12/02/2021
In a number of EU / EEA Member States, Energy Community Contracting Parties and Great Britain, certain essential functions related to the operation of the balancing market are carried out by third parties rather than by the Transmission System Operators (TSOs). These “delegated operators” are recognised in the EU Electricity Regulation (EU 2019/943), the Electricity Balancing Guideline (EU 2017/2195) and the Network Code on Electricity Emergency and Restoration (2017/2196).
The tasks performed by delegated operators include, among others, imbalance calculation and settlement, data publication related to electricity balancing markets and issuing of the rules related to balancing markets and imbalance settlement. These tasks are essential for the electricity market to work efficiently and represent the link between the physical exchange of electricity and the financial outcomes.
Cross-border pollution from Serbian coal plants threatens EU citizens’ health
Environmental campaigners have taken legal action against Serbia’s state-owned electricity company EPS for exposing Serbian and EU citizens to toxic gases six times above the legal limit, in breach of both national and international law. The challenge was started by Serbian NGO Renewables and Environmental Regulatory Institute (RERI).
Serbian thermal power plants are among Europe’s biggest emitters of sulfur dioxide (SO2)[1], and a public health and economic liability for the whole continent. SO2 emissions from EPS’ plants travel long distances and pose a significant threat to human health and the environment in Serbia and beyond. Modelling data show that over half of the premature deaths caused by emissions from Western Balkan coal power plants in 2016 occurred in the EU, as the effects were felt as far as Germany, France and Spain[2].