Juan Weik

Covering energy transition and environmental commodities @ArgusMedia. Views mine.

[Juan Weik @jvweik]

We've looked at Climate Active's carbon credit cancellations in recent years and what may lie ahead as the program will go through a reform

[Argus Media @ArgusMedia]

The Australian federal government-backed #ClimateActive certification program continued to drive voluntary demand for Australian #Carbon Credit Units (#ACCUs) last year, although future growth remains uncertain as the scheme will undergo a planned reform

https://t.co/h21FsKtP5D

[Argus Media @ArgusMedia]

𝗡𝗲𝘄𝘀: Australia’s Carbon Market Institute (#CMI) organised a symposium in Canberra to mark the first anniversary of the reformed safeguard mechanism #ArgusMedia #ArgusVCM #ArgusAustralia #CarbonMarkets

By Juan Weik: https://t.co/mkBMGZEtgc

[Argus Media @ArgusMedia]

🇦🇺 #ArgusMedia news story: Australian #utilities and market experts have grown more vocal about the need for federal and state governments to support existing and future #gasfired #powergeneration... | #renewables

By @jvweik: https://t.co/5nFoMPjgzh

[Juan Weik @jvweik]

The Australian Carbon Credit Unit (ACCU) market has developed significantly in recent years. We spoke with the @CERegulator chair David Parker and general manager Carl Binning about that transformation at the @CarbonMarketIns forum in Cairns.

https://t.co/aUb4jkdJZG

[Juan Weik @jvweik]

The Australian Financial Markets Association (Afma) has partnered with the Carbon Market Institute (CMI) to develop standard documentation to support over-the-counter (OTC) trading of Australian Carbon Credit Units (ACCUs)

https://t.co/FTHVfMNqxE

[Juan Weik @jvweik]

Interesting webinar last Friday organised by the @CarbonMarketIns with updates from the @CERegulator and others on the upcoming Australian Carbon Exchange
https://t.co/fl0DHqnuCh

[Giovanni Staunovo🛢 @staunovo]

#Germany is currently examining reactivating its 1.9GW lignite supply reserve over the 2023-24 heating period, economic affairs and climate action ministry BMWK told Argus.
https://t.co/O3gCXbV5Rj

[Argus Media @ArgusMedia]

🌐⚡ 𝗡𝗲𝘄𝘀 𝘀𝘁𝗼𝗿𝘆: #EU Dec-Jan #powerdemand declined by around 5.4pc compared with the 5-year average for the period, but was below the 10pc voluntary reduction target set for the Dec-Mar period, #ArgusMedia data show | #electricity

Full analysis: https://t.co/qF2SLwHHT4

[I'm @Ketanjoshi.co on Bluesky @KetanJ0]

So @janrosenow reminded me that I needed to update the COAL IS COMING BACK Christmas tradition chart for the UK

I have also included a different version for your viewing pleasure.

Merry COAL IS COMING BACK month to all who celebrate! 🪨🤘🏽📈📊

[Juan Weik @jvweik]

Iberdrola believes Spain's gas clawback might be extended into 2024 and has hedged its renewable output out to 2025 at prices below the scheme's €67/MWh cap — full story here: https://t.co/6xkDMJi6BM

[Daniel Kral @DanielKral1]

As the Iberian solution, capping gas prices for electricity generation to bring down retail prices, is gaining traction EU-wide, important to see what it will do to gas demand - a shortcut to gas rationing.

Fallout from nuclear in France clearly being plugged by gas plants.

[Argus Media @ArgusMedia]

🌐🛢️ Q&A: News story - #OpecPlus agreed a surprise 2mn b/d cut in #crudeoil output quotas after its first in-person ministerial gathering in 2.5 years in Vienna. Argus' @ncitayim interviewed #Opec sec-gen Haitham al-Ghais after the meeting: https://t.co/Fw0GGIxawB | #OOTT

[Juan Weik @jvweik]

It was great attending #IberREN in Madrid earlier this month and learn more about some of the main issues affecting renewable developers now https://t.co/dXbGd889PD

[Argus Media @ArgusMedia]

🇪🇸 News story: Spanish utility @Endesa does not plan to produce #coalfired #power in mainland Spain anymore despite not yet having received the closure approval for its last remaining plant | #ArgusPower #powerplant 

By @jvweik: https://t.co/bLMbJldFOQ

[Juan Weik @jvweik]

Coal-fired power output in mainland Spain in June is at the highest since March 2019 but there are now just three units left as Endesa doesn't plan to operate Puentes anymore https://t.co/oWeOFOTAlc

[Juan Weik @jvweik]

Mainland Spain’s scheduled day-ahead CCGT output for tomorrow is the highest since at least 2014, according to @RedElectricaREE data, as the Iberian cap on gas generation kicked off
#Omie

[Juan Weik @jvweik]

Spain-France power capacity for June is the lowest since mid-2016, just as the Spanish price discount to France will widen sharply with the gas price cap on Iberian power generation https://t.co/jUbqkKryLS

[Jacqueline Echevarria @J_Echevarria_]

More Brazilian companies are seeking information about the I-REC sector and demand is expected to remain firm: https://t.co/6AjItlNJf9
#netzero #EnergyTransition #electricity #renewables

[Juan Weik @jvweik]

Demand in Jan is usually among the highest in the year. Out of the 10 strongest months since 2014, Jan appears six times, including all the first months of years 2017-2021. Demand in Jan this year, however, was just the 31st highest out of the past 97 months since January 2014.

[Juan Weik @jvweik]

Power demand in mainland Spain last month was at the lowest for any January since 2004, as weaker industrial consumption amid high energy costs offset upside potential from colder weather

#ArgusPower