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German Cal-20 Contract Increased – Energy Flashback – Week 28

           Energy Flashback

The German Cal-20 contract traded at a level not seen since end of 2018. Find out what else has been happening in the energy markets in our quick video overview.

  • Carbon’s ascent towards €30 saw the German Cal-20 trade at a level not seen since Dec. 2018.
  • Rising French river temperatures threaten production from riverside nuclear reactors.
  • Chinese numbers were mixed, and GDP growth is at a 27-year low.
  • European gas hub prices are now cheaper than Asian spot LNG for the first time in four years.
  • Gulf of Mexico oil & gas producers have begun restarting after Storm Barry. Over 74% of production was affected.
  • Nord Stream pipelines between Russia and Germany are closed for two weeks for annual maintenance.
  •  The acting IMF chief still sees sluggishness in the global economy but does not foresee a recession.

Alfa Energy Group

Alfa Energy Group is an international energy, water, and sustainability consultant partner with 200 employees over 4 international locations. For over 25 years, Alfa has been servicing its clients’ needs through energy and water management, sustainability, and compliance consulting, and an intuitive ecosystem of user-driven energy, water, and carbon management software platforms. With coveted awards, an international industry-wide recognition, and clever simple solutions, today Alfa is partnering with clients to establish and deliver pivotal net zero strategies. Through smart energy management, the expertise and diligence of its people, transparent processes, and data management, Alfa continues to lead through its recognised gold standard of service delivery.