PZ ERS in the news - Wed: Gas prices continue to fall. Will we see that reflected on energy bills?
After months of an ominous economic outlook, the tide seems to be cautiously turning. Already this week it was revealed that the dreaded recession in the Netherlands has been averted for the time being. An extreme European energy crisis also appears to have been averted for this winter. European gas stocks are historically well stocked and for the first time in seventeen months the European gas price has fallen below [....]
PZ ERS in the news - BNR: European gas price cap enters into force
BNR covered the February 15, 2023 broadcast on the entry into force of the Market Correction Mechanism, also known as the European price cap in the wholesale gas market. Hans van Cleef spoke on the BNR broadcast about its consequences. Link
PZ ERS in the news - RTL Z News: Ban on diesel oil imports Russia
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PZ ERS in the news - BNR: Price cap on Russian diesel, what are the effects?
A price cap on Russian crude took effect back in December. This proved difficult to enforce in practice. The oil could still be processed into diesel in India, for example, and thus come to Europe. According to Hans van Cleef, sector economist for energy at Publieke Zaken, the price ceiling is nevertheless more than a paper tiger. 'This works [...]
PZ ERS in the news - Reuters: EUROPE POWER-Monday spot prices jump on sharp fall in wind power
We expect volatile wind power generation in Germany and throughout the region this weekend and into Monday, while consumption is also forecast to drop week on week on higher temperatures, Refinitiv analysts said. Gas markets, weather forecasts, carbon allowances, French strikes and the water levels of some European rivers are on the radar for electricity [...].
PZ ERS in the news - WNL: Economists: no one invests as much in renewable energy as Shell
"But the environmental clubs are still pitting these investments against fossil fuel investments. You might wonder how fair that is," says Van Cleef. ING's Hieminga adds that we are still 85 percent dependent on fossil fuels worldwide. "We all don't like that, but [...]
PZ ERS in the news - Solar 365: Power prices fall with gas prices
According to the authors, the dominant factor for power prices is the tightness in the supply of natural gas. Currently, due to the mild winter, gas supplies in Europe are well stocked. The European gas supply stood (Jan. 31, 2023) at over 73 percent and the Dutch at 69 percent. It also helped that there was relatively high wind [...].
Publieke Zaken Launches PZ Energy Research & Strategy
The new department will be headed by Hans van Cleef. He is transferring from ABN Amro Bank where he had been following developments in the financial markets in various roles since 2002. From 2012, Hans worked as a senior energy economist at the bank's Economic Bureau and regularly addressed the media [...].