gas storage News
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EBRD supports energy security in central Europe
The EBRD is helping Hungary enhance its energy security by providing a €200 million loan to MOL, Hungary’s leading energy company, to finance the completion of a strategic gas storage facility in the southern part of the country. Situated in close proximity to Croatia, Serbia, Romania and Bosnia and Herzegovina, the gas storage facility will also play an important role in mitigating risks of gas ...
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Changes to the regulation of underground gas storage in the UK
A change in the regulation of underground gas storage has taken place. Gas storage in depleted reservoirs is now within the scope of the Control of Major Accident Hazards Regulations 1999 (COMAH). Previously, storage has been regulated by HSE under the Borehole Sites and Operations Regulations 1995. The UK became a net importer of natural gas in 2004. However a growing need to increase national ...
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EBRD pioneers gas storage project in Croatia
The EBRD is helping Croatia ensure security of energy supply by providing a €70 million senior corporate loan to Plinacro, a state-owned Croatian gas transmission operator, to acquire a gas storage facility in Okoli, near the capital Zagreb. Through this project the EBRD will contribute to increasing Croatia’s energy independence and securing a stable energy supply which will make the Croatian ...
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BGS advice on gas storage
The British Geological Survey (BGS) provides impartial and objective scientific advice on geological matters to a wide range of British and international stakeholders. Canatxx Gas Storage Limited proposes an underground gas storage facility in Preesall, Lancashire and BGS is providing scientific data on the rocks below the surface in which gas may be stored.Following recent press interest in a ...
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Monthly Market Update - June 2014
Electricity and gas prices moved down significantly over the course of June. During the first half of the month prices saw a significant spike upwards as the standoff between Gazprom and Ukraine escalated again, with Gazprom giving an ultimatum for Ukraine to make payment for unpaid gas, giving a date for a cut if this was not forthcoming. However, when the cut did finally occur, prices actually ...
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Claire Perry Urged to Bring Forward Plans to Reduce Risk of Gas Shortages and Energy Price Spikes
The Gas Security Group (GSG) has written to Claire Perry MP, Minister for Energy at BEIS, calling on the Government to publish the findings of its current gas security review and make specific recommendations to reduce the threat of gas shortages and price spikes. The GSG is asking Government to make specific policy recommendations to include possible measures (a) to underpin existing and new ...
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Double trouble ahead for UK energy prices
Energy procurement consultancy Inprova Energy has reported that winter wholesale gas prices have jumped by 7% and power prices by 5.5% following news that the UK's key gas storage facility could be shut down until Spring 2017. This will leave the country extremely tight on gas during the coming peak winter period. This problem is exacerbated by the Brexit effect, According to the latest market ...
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Monthly Market Update - March 2014
Electricity and gas prices have moved down significantly since the start of February across both near term prices and those further ahead. The fears over an escalation of the crisis between Russia and Ukraine faded, with some of the rises felt to be an overreaction. However the situation still remains unresolved. The extremely healthy supply situation took over once again and prices have been ...
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Rover pipeline in-service would lift gas storage, ETP tells US FERC
Placing into service additional segments of the Rover gas pipeline now completed would unlock 850 MMcf/d of incremental capacity and gas supply, helping to refill natural gas storage, Energy Transfer Partners told the US Federal Energy Regulatory Commission Wednesday. The comments, in a supplemental filing with FERC, reflect the operator's sense of urgency to meet its contractual schedules. ...
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CPUC Approves Continuation of Smart Thermostat Program for SoCalGas to Support Reliability
The California Public Utilities Commission recently (10/25) authorized Southern California Gas Company to continue its thermostat-based natural gas demand response program to support reliability in Southern California. The CPUC previously ordered SoCalGas to address the ongoing natural gas reliability concerns related to the Aliso Canyon Natural Gas Storage Facility. SoCalGas implemented a ...
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E.ON gas storage examining CO2 storage options
E.ON Gas Storage GmbH (EGS) has filed an application with the Lower Saxony mining, energy and geology office (LBEG) for permission to carry out geological investigations in the Weser area. Over the next five years it is to be examined whether geological conditions in that area are suitable for building an underground CO2 storage facility. This study is part of an E.ON programme for carbon capture ...
By E.ON AG
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Gas Coordination Group: Solidarity works and the EU`s gas market adapts to challenges of gas crisis
After the shock of the cut on 7 January, the Internal Gas Market managed to compensate for missing supplies in countries like Slovakia Austria, Hungary, Slovenia, Poland and even Croatia. Bulgaria is still hoping for a partial solution through deliveries of gas from Greece. Those are the main conclusions of the meeting of the gas coordination group that has taken place today in Brussels to ...
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Tube Trailer Market Size Predicted to Reach USD 602.8 Million by 2026
According to the report, The global tube trailer market in 2019 was approximately USD 502.9 Million. The market is expected to grow at a CAGR of 3.61 % and is anticipated to reach around USD 602.8 Million by 2026.Tube trailers are generally used to transport gases. The most common gas is hydrogen that is compressed at high pressure into cylinders or tubes. A trailer that is attached to a truck ...
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EIA`s daily energy dashboard for Southern California now focuses on key winter energy market factors
The U.S. Energy Information Administration (EIA) has updated its Southern California Daily Energy Report to provide additional information on key energy market indicators for the winter season. This dashboard report includes information that EIA regularly compiles about energy operations and the management of natural gas and electricity systems in Southern California in the aftermath of a leak at ...
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Energy security in relation with the Russia/Ukraine gas dispute
'The extraordinary Energy (TTE) Council met in a critical moment caused by the current unprecedented interruption of gas supplies from Russia via Ukraine to the EU. The Council urges both parties to resume gas deliveries to the EU immediately in order to rebuild the credibility of both parties and avoid further economical harms and suffering to the citizens of the EU and of neighbouring ...
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FirstEnergy to Webcast Second Quarter Earnings Teleconference on August 2, 2011
In conjunction with the release of FirstEnergy Corp.'s (NYSE: FE) 2011 second quarter results on August 2, the company is inviting investors, customers and other interested parties to listen to a live webcast of its teleconference for financial analysts at 1 p.m. EDT, that day. FirstEnergy management will present an overview of the company's financial results for the quarter, and a ...
By FirstEnergy
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UK Biogas Storage player marks most recent customer win with new Web Site
Tensile fabric specialist, Base Structures, has just launched a brand new website to showcase its new membrane biogas storage tanks. Launched in January this year, the biogas holders have attracted much demand, especially among the farming community, who can harness the energy from methane gas, produced from the anaerobic digestion of organic waste. Base Structures has designed and built biogas ...
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NiSource charitable giving topped $6.8 million in 2010
NiSource (NYSE: NI) companies provided a record level of more than $6.8 million in charitable donations to local, regional and national organizations in 2010. "NiSource's local operating companies and employees have long been a strong, positive force in the communities where we operate and provide service," NiSource President & CEO Robert C. Skaggs, Jr. noted. "During good times and bad, we ...
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DTE/Engineering Society of Detroit to Announce Winners of E-Challenge Competition
SOUTHFIELD, Mich., May 3, 2013 /PRNewswire/ -- At the 2012 DTE/Engineering Society of Detroit (ESD) Energy Conference, DTE Energy issued an E-Challenge to commercial and light industrial companies to create an outstanding energy efficiency product that will have a tremendous impact on energy savings. More than 60 entries were received. Two winners were then selected and given thousands of dollars ...
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Alfa Chemistry Now Provides Custom Manufacturing Options for Graphene
Graphene is favored by researchers because they are more solid than steel and have a better conductivity than copper. However, customized preparation for graphene material is a key step for graphene to move toward downstream applications. As a grapherw ne material manufacturer and technical service provider, Alfa Chemistry announces to start to provide graphene custom manufacturing options for ...
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