Author Archives: Alessandro Vitelli
Europe’s energy transition commits to a green hydrogen future
Europe’s transition to a zero-carbon future is well underway. Greenhouse gas emissions have fallen by 20% since 2005, according to World Bank data, and the EU is now targeting net…
Has time run out for natural gas in Europe?
Back at the start of the 2000s when Europe’s clean energy policies were first being developed, the theory went that a price on carbon would drive up the cost of…
LNG market staggers under demand destruction
It’s a perfect storm. Liquefied natural gas prices have plummeted on a combination of demand destruction caused by the COVID-19 pandemic, and fast-growing supply as a wave of new export…
Carbon hones in on record high as long-term optimism reigns
European carbon allowance (EUA) prices reached in mid-July a 14-year high of €, just 20 cents shy of an all-time record, as buyers flooded into the market and speculators hedged…
Examining the correlation between crude oil and gasoline prices
The steep drop in crude oil prices between March and April came as nations representing the bulk of demand went into lockdown, bringing industrial production to a near-halt and driving…
Coal phase-out threatens effectiveness of the EU Emissions Trading System (ETS)
Over the last few weeks, two utilities – SSE and RWE – closed their last working coal-fired power stations in the UK, leaving the country with just four coal-based plants supplying…
COVID 19 Pandemic Hits Energy Demand Hard
Global energy demand has experienced a huge demand shock with the onset of the coronavirus pandemic. The rapid imposition of restrictions on movement and commerce has left every sector across…
UN climate talks fail to agree on carbon market rules
Two weeks of negotiations in Madrid last December were not enough to reach an agreement on how the world should cooperate on cutting emissions. Representatives of more than 190 countries…