Magnus Energy’s Post

🔊Watch the interview with Kitti Nyitrai, Head of Unit Decarbonisation and Sustainability at DG ENER at the European Commission, conducted by Ilaria Conti, Head of Gas and Hydrogen area at FSR. 💬 "A stable regulatory framework is very important for investments to happen. Market players need to know what are the rules of the game in order to reliably be able to take investment decisions" . ➡️ https://loom.ly/jXMja7I

💥 Want to understand how #Negative prices are formed in the #electricityMarkets? 👁 Understand the implications of the #power price on the #energy transition 💲 Are you a #trader or a #trading house willing to enter the #WholesaleElectricityMarkets? 🗓 Mark your calendars for Tuesday 29th October 2024. Join some of the best Market Experts taking you on a joy ride of the wholesale electricity markets world. Please sign up soon, Limited Seats available. Grab the #opportunity before its too late. #powermarkets #energytransition #Battery #BESS #prices #Conferance #Climate

Rafael Gómez-Elvira González, Director of Public Affairs and Marketing at Omie and Chairman of the EU NEMO Committee, took the stage at the 5th edition of the Power Price Forecasting Summit in Barcelona, Spain. With his extensive expertise in European energy markets, Rafael offered an in-depth exploration of "European Power Market Reform and New Market Design." Rafael's presentation covered the critical aspects of the implementation of the Electricity Market Reform, providing a detailed overview of the evolving regulatory landscape. He also discussed the integration of markets with National Energy & Climate Plans 2030, emphasizing the importance of aligning market operations with sustainability goals. Furthermore, Rafael elaborated on the latest developments in the EU SDAC (Single Day-Ahead Coupling) and SIDC (Single Intraday Coupling) initiatives, highlighting their impact on market efficiency and integration. In addition, he addressed the emerging flexibility markets, underlining their significance in enhancing the adaptability and resilience of the power grid. Rafael's comprehensive insights offered valuable perspectives on the future direction of the European power market. #PowerPriceForecasting #EnergySummit #MarketReform #ElectricityMarket #EUClimatePlans #OMIE #EnergyPolicy #BarcelonaSummit #FlexibilityMarkets

🌍 Highlights from the Trading Hub Europe GmbH Conference in #Berlin I had the pleasure of attending this insightful conference with my colleagues from Uniper focusing on the roles and challenges faced by Balancing Group Managers in the gas market. Here are some key takeaways: #2023 Gas Market Review: - Improved Outlook: Despite challenges, 2023 saw healthy storage levels and a significant drop in gas prices from a peak of €300 in 2022 to around €30. Germans continue to conserve gas, showing resilience and adaptability in energy use. - Shift in Transit Routes: Germany's role has shifted from being a key transit country, affecting how gas fees are distributed due to changes in supply routes, primarily from Ukraine through Poland to Austria, and compounded by reduced supplies from the Netherlands. Regulatory Updates: - Gas Cooperation Agreement (#KoV XIV): Set to be implemented on October 1, 2024, it introduces measures such as security deposit extensions for Balancing Group Managers outside the EU. - Gas Storage Law Uncertainty: Currently valid until March 31, 2027, raising concerns about future regulations. Sustainable Energy Initiatives: - #Biomethane vs. Natural Gas: Germany trails behind Denmark and Sweden with less than 1% biomethane integration. However, ambitious plans aim to boost this to 100% by 2045 through the #GreenGasQuota, advocating for a shift to low-carbon gases like #blueHydrogen. #Hydrogen Development: - Plans to set up a financial framework to ease the initial costs for hydrogen infrastructure, highlighting potential impacts on biomethane projects. 🌱 These discussions underscore the dynamic nature of the energy sector and the urgent need for innovation and regulatory support to foster a sustainable energy transition. A big thank you to Trading Hub Europe for organizing this enlightening event and providing a platform to discuss these critical issues. #EnergyTransition #SustainableEnergy #GreenGases #Sustainability

Energy experts in London 30 Sep to 1 Oct to consider energy commodity markets, energy transition, geopolitics and energy security. UK based energy experts, Energy Aspects, are holding their EA Conference 2024 in a few weeks. If you’d like to register or learn more, take a look at the link below. The conference will include expert panels with Q&A across the following themes: ·   Energy supply & demand ·   Energy transition ·   North American production ·   Trading energy markets ·   Geopolitics & energy security ·   Macro and financing #energy #oilandgas #geopolitics #energytransition #finance

What are the 𝗲𝗰𝗼𝗻𝗼𝗺𝗶𝗰 𝗶𝗺𝗽𝗮𝗰𝘁𝘀 𝗼𝗳 𝘀𝘂𝗱𝗱𝗲𝗻 𝗴𝗮𝘀 𝘀𝘂𝗽𝗽𝗹𝘆 𝗱𝗶𝘀𝗿𝘂𝗽𝘁𝗶𝗼𝗻𝘀? What can we do about it? In our 𝗻𝗲𝘄 𝗽𝗮𝗽𝗲𝗿 published in JEBO, we answer these questions for Austria in the context of the recent energy crisis: https://lnkd.in/d_CKA8fg Together with Jan Hurt, Johannes Stangl, Tobias Reisch and Stefan Thurner.

Are you visiting ETCSEE - Energy Trading Central & South Eastern Europe and curious about European Energy Exchange AG ? My colleagues Tetiana Kovalova and Marcus Fochtmann (among others) are available to answer your questions. #pricetransparency #buildingmarkettogether

I am excited to share that C-MACC is hosting a new webcast on October 9th, along with Dragoman, a global country and political risk advisory firm based in Australia. Global Perspectives On Energy Markets will be a 30-minute fireside chat with Tom Harley of #Dragoman, and Graham Copley of #CMACC to discuss the global evolution of #energy markets, with a focus on #Asia! Date: Wednesday, October 9th, 2024 Time: 8:00 AM CST Duration: 30 minutes   Agenda: - Energy Growth and Supply in Asia - Overall Energy and #CleanEnergy - US & EU Policy Evolution Towards #China - Policy evolution within China - #Geopolitical Consequences - Implications for #Trade and US #Hydrocarbon #Exports - Q&A

Erős iparági álláspont: a status quo-t is újragondolva, határozottan kell lépni a hálózati rugalmassági piacok bevezetése érdekében! --- It shall be made sure that the new Network Code on Demand Response (and actually all distributed grid flexibility): • Does not protect the status quo, as it risks failing to achieve a lower cost energy system   • Recognises the urgency: Europe cannot afford to wait until 2029 for national terms and conditions.  • Firmly promotes market-based flexibility procurement first  • Is harmonised, interoperable and forward-looking Key industry associations of traders, storage, power exchanges, smart systems and large utilities are asking ENTSO-E, EDSO and ACER to act in timely manner to ensure realization of flexible grid operation all through the power system.

London Energy Forum’s key theme for 2025 will centre around serving tomorrow’s markets; how we integrate traditional energy markets and future energies. We’ll once again be bringing you unparalleled insights, networking opportunities, and discussions on the pressing challenges and emerging trends that will define the energy landscape of tomorrow. #conference #energy #energytransition #oilandgas #oilindustry