
THE TIMES THEY ARE A-CHANGIN’ – Iberian Singularity
Energy has been a daily topic of conversation in recent months. We at HES have been closely following all the developments to accompany our clients and help them weather the storm. In some of our previous publications we analysed the onset of the energy crisis after the “recovery” from the
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Each month, one of our experts publishes an article describing his view on a specific topic of the constant changes taking place in the energy market, with special focus on the French market.

The cost of CO2 in French electricity: tax and/or market? Double the punishment
While the debate surrounding the ‘yellow vests’ seemed to focus primarily on the taxation of hydrocarbons – CO2-emitting fossil fuels -, the issue of

PPE: renewable gas on the upswing… concealing a decline in overall gas usage
The Programmation Pluriannuelle de l’Énergie [multi-annual energy programing] (PPE) was finally presented by the Minister for Ecological and Solidarity-based Transition, François de Rugy, on

Commodities prices on the up: prepare for new challenges in the European Power Market
At the time of writing, Brent Dec18 contract is trading at $85/bbl, its highest price in 4 years. Gas is following the same pattern

Soaring energy prices: thank you Donald Trump!
Since March, worldwide oil and gas prices have taken off, by about 25% for oil and nearly 50% for gas in Europe. The causes

The dark (side) strikes back?
Coal, emblem of the 19th century and an already distant industrial revolution, belongs definitively to the past. Its disappearance is being recorded everywhere, and

CO2: The return
As of last August, the financial world was already labelling CO2 as the best-performing raw material of 2018, with a nod to its price

The French PPE (multi-year energy programme) and the future of the electricity market
At this stage, we are used to watching the State intervene in the electricity market, from the side of supply as well as demand.

Germany´s energy sector under the new GroKo
On March 14th, Chancellor Angela Merkel was elected to a fourth term in office and will head a new grand coalition (Grosse Koalition –

Meanwhile, in Germany…
On 9 January, a Catholic church in Immerath, a city in western Germany, was destroyed to make way for the expansion of a gigantic