Montel Weekly

European carbon prices will strengthen as the 27-nation bloc tightens its climate ambitions over the next 18 months. However, prepare for market volatility in the short term amid Brexit, low gas prices and uncertainty over Germany’s coal exit. Host: Richard Sverrisson, Editor-in-Chief Europe, Montel. Guests: Tom Lord, Head of Trading and Risk Management, Redshaw Advisors, Alessandro Vitelli, Carbon Reporter. 

Hydro levels in the Nordic region are at levels never seen before at this time of year, while southern parts of Europe have also been very wet. Listen to Mr Hydrology, aka Eylert Ellefsen, talk about the unusually high precipitation and the impact on wholesale power prices from Trondheim to Tarragona.Host: Richard Sverrisson, Editor-in-Chief Europe, Montel. Guest: Eylert Ellefsen, senior analyst, EQ. 

Europe’s gas market looks set to remain oversupplied this year with prices likely to be close to record lows. In this week’s episode gas analyst Wayne Bryan questions where the demand will come from to absorb unrelenting flows of LNG and piped gas. Host: Richard Sverrisson, Editor-in-Chief Europe, Montel. Guests: Wayne Bryan, gas analyst, Nathan Witkop, Germany correspondent, Montel. 

Germany will not sign off legislation to exit coal until early this year, but a strong grassroots environmental movement could force politicians to exit the dirty fuel many years before the proposed 2038 date. Listen to a summary of current German energy policy and the potential for a capacity squeeze in 2022. Host: Richard Sverrisson, Editor-in-Chief Europe, Montel. Guest: Tobias Federico, Managing Director, Energy Brainpool. 

In the last pod before Christmas, listen to the Montel team discussing the key issues of 2019, and the significant developments shaping Europe’s energy markets next year. Host: Richard Sverrisson, Editor-in-Chief Europe, Montel. Guests: Olav Vilnes, Chief Editor Nordics, Montel, Nora Kamprath Buli, Editor Germany, Montel, Morten Hegna, Sales Director, Montel, Gert Ove Mollestad, Reporter, Montel. Produced by Anna Siwecka. Music by Laurence Walker.

Next year looks set to deliver record low gas prices amid a perfect bearish storm of an ongoing supply glut, mild weather, record high storage levels and a possible agreement in the Ukraine-Russia transit deal. Listen to four analysts provide their 2019 highlights, and forecasts for next year. Host: Richard Sverrisson, Editor-in-Chief Europe, Montel. Guests: Tor Reier Lilleholt, Head of Analysis, Wattsight, Marcus Ferdinand, Head of EU Power and Carbon Analytics, ICIS, Wayne Bryan, Senior Energy and Commodity Analyst, Alfa Energy, Trevor Sikorski, Head of Natural Gas, Oil and Carbon Research, Energy Aspects. 

What will happen in 2050 when Europe's power system will be close to 100% renewables? Listen to this week's pod as we turn the Green tea leaves towards a low-carbon world and discuss the potential for energy storage using hydrogen and … ammonia.Host: Richard Sverrisson, Editor-in-Chief Europe, Montel. Guests: Gry Aamodt, Vice Preseident Global Drivers, Statkraft, Nora Kamprath Buli, Editor Germany, Montel. 

The dominance of coal in Poland’s energy mix will come to an end – the question is by when and what will replace the dirty fuel. This week’s pod discusses the options open to the country and which form of power generation will expand at the fastest rate.Host: Richard Sverrisson, Editor-in-Chief Europe, Montel. Guests: Arek Zielezny, Managing Director, Laconia Investments, Marcin Czekanski, Poland Correspondent, Montel. 

Corporate demand for guarantees of origin (GOs) will remain strong next year as companies continue to boost their green credentials. However, supply from French auctions and from German facilities should continue to keep prices around 50 eurocents. Listen to expert views on what’s currently driving the GO market.Host: Richard Sverrisson, Editor-in-Chief Europe, Montel. Guests: Alexandra Münzer, Managing Director, Greenfact, Olav Vilnes, Chief Editor Nordics, Montel. 

While currently trading around EUR 25/t, European carbon prices look set to be hit by several bearish factors next year, including a potential flood of UK permits, an economic slowdown and reduced demand as Germany starts its coal exit. Listen to the in-depth analysis of current and future CO market drivers. Host:Richard Sverrisson, Editor-in-Chief Europe, Montel.Guests:Tom Lord, Head of Trading and Risk Management, Redshaw Advisors,Alessandro Vitelli, Carbon Reporter. 

Spain´s PPA boom could be a bubble that could burst in the coming years. This week´s pod comes from Madrid, where we discuss the upcoming election and the impact on energy policy. Will the next government be able to push through the necessary legislation in order for Spain to meet its decarbonisation targets? Host:Richard Sverrisson, Editor-in-Chief Europe, Montel. Guests:Andrés Cala, Editor Spain, Montel, Pedro Linares, Professor of Energy Policy, Comillas Pontificial University.

Norway could be heading for a slowdown, or even an abrupt halt, in wind power expansion amid growing opposition to onshore turbines. This week we discuss the growth in green capacity across the Nordics and the potential impact on wholesale prices in the region and beyond. Host:Richard Sverrisson, Editor-in-Chief Europe, Montel. Guests:Olav Vilnes, Chief Editor, Nordics, Montel,Marius Holm Rennesund, Partner, Thema Consulting  Group. 

Could Germany be holding back its climate ambitions due to fears of public unrest similar to the gilet jaunes movement in France? This week’s pod addresses such concerns with Germany’s leading green energy supplier, and how the EU’s biggest economy can hasten its energy transition.Host: Richard Sverrisson, Editor-in-Chief Europe, Montel. Guest:Nils Kompe, Head of power portfolio management, LichtBlick. 

Amid concerns of a global economic slowdown, this week’s pod discussed the energy market implications of the China-US trade war, Trump’s tweet and the latest Brexit developments. What are the key pointers to look for in an increasingly uncertain gloomy macro environment? Host:Richard Sverrisson, Editor-in-Chief Europe, Montel. Guest:Richard Mallinson, senior analyst, Energy Aspects. 

News of fresh delays and cost overruns at France’s next generation reactor at Flamanville may not be a killer blow for the country’s nuclear industry but the sector could face death by a thousand cuts. This week´s pod discusses more woes for French and European reactors.Host:Richard Sverrisson, Editor-in-Chief Europe, Montel. Guests:Paolo Coghe, Director, Acousmatics, Chris Eales, Editor France, Montel. 

PPAs are a crucial way to finance new renewable energy as countries phase out subsidies and companies are looking to consume more green energy. This week´s pod discusses the current state of the PPA market and highlights ways to overcome regulatory barries and other risks. Host:Richard Sverrisson, Editor-in-Chief Europe, Montel. Guests:Caroline Brun Ellefsen, Global Head, Instatrust, DNV GL, Mariana Heinrich, Manager, Climate and Energy, WBCSD. 

Contrary to expectations, potential German coal plant closures over the coming decade may not result in the cancellation of permits relative to their emissions. Host:Richard Sverrisson, Editor-in-Chief Europe, Montel. Guests:Bernadett Papp, Senior Market Analyst, Vertis,Marcus Ferdinand, Head of EU Power and Carbon Analytics,Nora Kamprath Buli, Editor Germany, Montel. 

Imagine a world where you can trade power from your solar panel with others, linking households, neighbourhoods and regions through digital technology. Listen to a version of the future that is already happening in the Netherlands. Host:Richard Sverrisson, Editor-in-Chief Europe, Montel. Guest: Philip Gladek, CEO, Spectral Energy.   

This week’s news of potential issues with steam generators at some of France’s nuclear reactors caused energy prices to skyrocket as market participants feared a return of problems seen in the autumn of 2016. Listen to the guests discuss the implications for France and its neighbours. Host: Richard Sverrisson, Editor-in-Chief Europe, Montel. Guests:Kris Voorspools, Portfolio Manager, Anode Energie. Chris Eales, Editor France, Montel. 

European carbon prices are set to rise to EUR 45/t by the end of this year, according to Berenberg Bank. Listen to analyst Lawson Steele explain his reasons in this week’s pod. Host:Richard Sverrisson, Editor-in-Chief Europe, Montel. Guest:Lawson Steele, Senior Utility Analyst, Berenberg Bank.