Nathan Witkop is an Energy Reporter for Montel News Iberia. With a focus on the energy market, Nathan covers topics such as gas prices, carbon emissions, renewable energy, and market trends. He provides insightful analysis and reports on the latest developments in the energy sector.
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Nathan Witkop's coverage primarily focuses on the energy sector, particularly energy markets, gas prices, carbon trading, and coal generation. His articles often cite data and provide investment analysis within the industry-specific context.
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The front month on the Dutch TTF gas hub last traded at EUR 35.44/MWh, down EUR 0.78 on its prior settlement. Earlier, it reached a peak of EUR 36.67/MWh.
August's prices were down 7% on the EUR 56.10/MWh averaged over the same month last year, however, as the energy shock that accompanied Russia's 2022 invasion of Ukraine continued to ease.
The Dec24 contract for carbon allowances last traded at EUR 61.19/t, down EUR 0.86 in its prior settlement. Earlier it touched a low of EUR 60.06/t, its weakest since 8 April.
The price of carbon needed to switch from burning coal to burning natural gas for power generation was “a strong attractor” for emissions allowances (EUAs), the investment bank said in a note.
By: Nathan Witkop, Robin Newbold
Such agreements were on the rise, with the trend expected to drive up overall demand for commercial agreements to develop renewable energy, observers said.
By: Nathan Witkop, Jeff Coelho
“The market is growing a lot,” said Lorenzo Parola, managing partner at Milan law firm Parola Associati. Italy, with its high dependence on gas-fired generation, was seeing strong interest in BPAs, he added. “In Europe, too, this growth is a long-term trend.”
By: Cem Bektas, Nathan Witkop
A statue to Ludwig van Beethoven, perhaps Bonn's most renowned son, gazes down sternly on a sprawling tent, lit up in green. The former German capital's municipal utility has spent the second week of October reaching out to the public at the city's Muensterplatz. It's a blowy and cool end to what has been a cold and wet week. The weather is turning, but it's not the encroaching winter that still grabs attention two years after Moscow's invasion of Ukraine set off Germany's rapid loss of Russian gas. The focus of the evening is how Bonn will heat in future – a future without emissions.
Solar PPA prices rose 1.3% in the three months ending in September, driven by increases in Italy and Hungary and high-priced offers in Ireland, said the renewable energy consultancy’s European PPA Price Index Report for Q3. Europe’s solar PPA market continued to expand, particularly in the continent’s central and eastern
Cross-border PPAs jumped with the volatility that followed first the Covid 19 pandemic then Russia’s invasion of Ukraine. At the time, pressure to hedge against extreme price swings aligned with a regulatory push to meet tougher climate targets. Pexapark, a renewable energy advisory service, tallied an increase from 370 MW
By: Robin Newbold, Nathan Witkop
An obvious obstacle to Italian PPAs was a recently introduced support scheme for renewable energy that crowded out the commercial market, said energy consultant Sergio Giraldo.
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