Weekly HEG Global Energy Digest

Natural Gas:

Dutch, German natural gas flows to Belgium hit multi-month highs on Monday as UK’s Stop

Belgian natural gas imports from neighboring Germany and Netherlands rose to multi-month highs on Monday as imports from the UK via IUK interconnector stopped because of a long-term capacity contract at the start of the new gas year.

Belgian natural gas imports from neighboring Germany and Netherlands rose to multi-month highs Monday as imports from the UK via IUK interconnector stopped because of a long-term capacity contract at the start of the new gas year, S&P Global Platts Analytics data showed.

 

Belgium imported 10.3 million cu m of natural gas from Germany Monday — the highest since 17.8 million cm on March 31. That compares with exports of 4.1 million cu m to Germany Sunday, Platts Analytics data showed.

At the same time Dutch exports to Belgium rose to 34.3 million cu m Monday, from 22 million cu m Sunday, as Dutch production jumped to 102.6 million cu m Monday, from 63.7 million cu m Sunday.

 

The reshuffling of flows came as UK exports to Belgium and the continent via IUK interconnector ceased from the start of the month, for the first time since June as long-term capacity contracts came to an end at 0500 GMT on Monday.

 

At Friday’s close UK NBP day-ahead contract was assessed at Eur27.547/MWh above the corresponding Dutch TTF contract at Eur27.10/MWh and Belgian ZEE at Eur26.657/MWh.

Article Source: https://www.energymarketprice.com/energy-news/dutch–german-natural-gas-flows-to-belgium-hit-multi-month-highs-on-monday-as-uk-s-stop

 

Renewable:

Vattenfall to provide climate-smart energy in France

Swedish Vattenfall will offer retail customers climate-smart energy with the goal of helping reduce dependency on fossil fuels starting from Monday, Oct. 1, the company announced Monday.

The company will launch climate smart solutions including electricity and gas supply services at competitive prices.

 

According to the announcement, since 2000 the firm has operated in France and supplies more than 4,000 business customers with portfolio solutions and renewable energy.

 

Vattenfall already offers renewable energy with a Guarantee of Origin (GoO) to French business customers.

 

A GoO is an electronic document which has the sole function of providing proof to a final customer that a given share or quantity of energy was produced from renewable sources.

 

Earlier this year, the company also announced its participation in a tender for offshore wind outside Dunkirk.

 

Magnus Hall, Vattenfall’s president and CEO, declared France an interesting market and said that Vattenfall’s ambitions in the country are in line with the company’s smart, digitalized and fossil-free strategy.

Article Source: https://www.energymarketprice.com/energy-news/vattenfall-to-provide-climate-smart-energy-in-france

 

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