European energy users often look with envy at the US, where energy is abundant and cheap. However, writes Benedict De Meulemeester, such simplistic comparisons ignore the many structural differences that exist between the two markets: “In the land of the free, energy markets are in many ways less free – and certainly less transparent – than in Europe.” According to De Meulemeester, Managing Director of E&C Consultants, “a US energy buyer has … [Read more...]
How hub-based pricing is reshaping the EU gas market – even Spain
Countries like Spain, which have long been immune to the shift from oil- to spot market-based gas pricing, are finally waking up. With that, come fresh opportunities for alternative gas suppliers to sell more and end-customers to pay less. So the evidence suggests, writes Benedict De Meulemeester, owner and founder of the international energy and environment consultancy E&C. Taking the UK as an example, he urges Spain to use a new … [Read more...]