gas markets in europe 2010 - 2011

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Disclaimer : 

Disclaimer E&C is an international energy procurement consultant with offices in Kortrijk, Sittard, Barcelona, Frankfurt and London. We consult large industrial buyers of energy (> 5Gwh of electricity and/or > 10 GWh of gas) on how to deal successfully with the unpredictable energy markets. Our services include:   Energy price risk assessment Setting up an energy buying strategy Monitoring a portfolio Market analysis and price fixing advice Assistance in contract negotiations Financial controlling of energy budgets   Our fundamental approach to energy markets is based on our acknowledgement of their unpredictability. Therefore, the information in this report should never be interpreted as predictions or forecasts of a future price development. The report is also for information purposes only and not meant to serve as advice. E&C shall not be held liable for any damages due to decisions based on the information in this report. E&C clients are to contact their consultants if they want to take any decision based on the information in this report.   Please contact benedict@eecc.eu or Benedict De Meulemeester at +32 495 510 482 if you have any questions regarding this report.

Oil, gas and power markets : 

Oil, gas and power markets

Peaking gas? : 

Peaking gas?

Decoupling of gas from oil prices : 

Decoupling of gas from oil prices

Proven reserves : 

Proven reserves

The untapped gas reserves of the Middle East : 

The untapped gas reserves of the Middle East

LNG imports in North-West Europe : 

LNG imports in North-West Europe

Shale gas production : 

Shale gas production

The effects of shale gas production : 

The effects of shale gas production

Environmental impact of shale gas production : 

Environmental impact of shale gas production Landscape pollution Soil water contamination Uncontrolled methane releases

Nord Stream : 

Nord Stream

Natural gas demand : 

Natural gas demand

Power production : 

Power production

Power production methods : 

Power production methods

Nuclear renaissance? : 

Nuclear renaissance?

Reasons for not building coal-fired power plants : 

Reasons for not building coal-fired power plants Rising coal prices Coal subsidies end as of 2014 Falling natural gas prices Higher investment costs Shortage of peak power Gas-fired = companion of renewable Decentralized power production Reduced EAU allocations + auctioning post-2012 Problems with getting permits

Conclusion : 

Conclusion

Recommendations : 

Recommendations Adapt your energy strategies if they are based on the adagio that energy can only get more expensive Hub-base gas contracts Room for spot markets Idem for power Low-price scenario’s for payback calculations Gas-fired own power production: spark spread strategies Other methods of power productions: take into account that power might be low-price

More information? : 

More information? Benedict De Meulemeester Owner, E&C  Sint-Margriete-Houtemlaan 15 8500 Kortrijk – Belgium Direct: +32 56 24 56 51 Mobile: +32 495 510 482 benedict@eecc.eu http://www.eecc.eu http://energytics.wordpress.com http://be.linkedin.com/in/benedictdemeulemeester