Spain has earned a reputation for leadership in the development of renewables, especially wind and solar powered electricity. But draft legislation introduced last July is the latest in a series of regulatory reforms since 2010 that reduce revenues to existing renewable power generators and that end the previous system of support to new renewable generation. […]
Spain is living with a high penetration of intermittent renewable power from wind and solar PV. Other EU electricity markets will soon have to do the same, if they are not already doing so. This Comment summarizes a number of the challenges facing Spain as a result of this form of de-carbonization, and also considers the […]
In parallel with a flourishing economy, the natural gas industry in Spain was characterised by rapid consumption growth in the late 1990s and 2000s. Infrastructure and supplies were designed to meet the needs of a gas market growing at double digit rates each year. This high growth rate – for a European gas market – […]
LNG projects are highly capital-intensive and in order to protect the investment’s return, the project developers traditionally covered all their future LNG production with sales and purchase agreements (SPAs). SPAs enabled them to share the risks – LNG sellers bore price risk, while the volume risk was transferred to the buyers. Long-term contracts are still […]
This presentation was given by Anouk Honoré at the Energy Risk Management seminar on June 28, 2005 at the Cass Business School in London. It highlights the first results of our on-going research on gas demand in Europe.
The Economist cites an OIES study: until oil-exporting countries shift economies away from oil, they need to cover… https://t.co/qylvo2LwFw
OIES's @thierry_bros interviewed by Radio Vatican on East Med gas. https://t.co/pRhtO5AtfN
After the Gazprom-Naftogaz arbitration: commerce still entangled in politics https://t.co/Pljui3Ao56