Energy BrainBlog

Blog by Energy Brainpool GmbH & Co. KG

Category: Series (page 1 of 5)

Tutorial gas market 5: Price indices

The linkage to the oil price is achieved by not including a fixed price in the gas contracts but a formula by which the gas price is calculated using the oil price.
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Tutorial gas market 4: Specificities of natural gas procurement contracts

In the procurement of gas some singularities have developed, which distinguish the gas market from other commodity markets. Import companies, for example, sometimes have very long-term contracts with gas producers (up to 20 years), a linkage to the oil price and the so called take-or-pay volumes or flexibilities with limits. This chapter aims to familiarize you with the terminology, to understand their meaning and to assess the consequences for the energy industry.
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Energy market review – July 2017

The Federal Ministry for Economic Affairs and Energy is expecting more competition and increased security of supply by modifications in the gas market and the balancing power market. The power generation of renewables recorded a new high in the first half-year of 2017. While climate targets are under consideration, investments in and applications for Blockchain technology are taking shape. The strong prices for coal have especially pushed up the annual base load delivery for 2018.
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Tutorial gas market 3: Influence of the LNG market

Damen-Shiprepair-Brest-Scores-Second-LNG-Repair-Commission (LNG Worldnews) For a long time natural gas has exclusively been a grid-bound energy carrier. In consequence, markets for natural were not globalized, but there were several submarkets (see Tutorial 1) which supplied themselves. Furthermore, the price level in the various markets varied as no arbitrage between the markets was possible.
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Tutorial gas market 2: Determinants of the natural gas demand

Irsching_Aussenansicht (blog.zeit) After giving you an overview of where natural gas is produced and the regions, which are most important for the European natural gas market, the following will provide you an overview of the gas consumption and on which factors it depends on.
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The Energy Brainblog – biweekly review June 2017

The first two weeks of June 2017 have produced a number of interesting outcomes and discussions, for instance a significant reduction of the average price in the PV tender or the back and forth in drawing up the tenant electricity law. On the futures market little change could be observed, while the spot market has been dominated by the influence of solar and wind.
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Tutorial gas market 1: Geopolitical framework conditions of the natural gas markets

Gas transport facility Chongqing (China Daily) Natural Gas is currently the third most important primary energy carrier in the world (after oil and coal). The main advantages of natural gas in comparison to coal or oil are the high efficiency levels that can be achieved when generating electricity from natural gas. As with oil, the global reserves of natural gas are concentrated in a few countries around the world.
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Tutorial 8: Trading electricity and clearing a transaction on an exchange

trading_power_large (Copyright: Mercuria) In the year 2000 the European Energy Exchange AG (EEX) started its business with electricity and other products. The most important part of their business is the futures market. The spot market is taken care for by a subsidiary company EPEX SPOT.
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