In a proposal, the European Commission forwards the task of handling a new LNG price index to ACER. Meanwhile, new crisis interventions are meant to ”tame” gas prices via Dutch exchange TTF, says Commission president. However, the industry indicates that this new measure in practice is a price cap with a potentially limited effect.
by peter thomsen, watch media’s eu correspondent, translated by jonas sahl hollænder
BRUSSELS – The need to get control of the European Union’s runaway gas prices now requires new tools that can not only intervene in one of Europe’s most central gas exchanges, the Title Transfer Facility (TTF) in the Netherlands.
Norwegian electricity generation must be doubled in the coming years, says Norwegian Minister of Trade and Industry Jan Christian Vestre during the presentation on national offshore wind export venture.
Hanoi University of Science and Technology (HUST) and the Technical University of Denmark are set to collaborate as part of an Ørsted-funded research project into Vietnam’s options for additional offshore wind.