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Market liberisation - role of consumers
The liberalization of the final sales markets, started in 2003 for gas and in 2007 for electricity, will be completed in 2024.
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HM King Letsie III
King of Lesotho.
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Decree No. 239 for the year 2018 issuing the executive regulations of the law for Gas Market activities regulation Act No. (196) of the year 2017
…the Law No. 196 of 2017 for Gas Market Activities Regulation. It allows third party access to gas networks and facilities on non- discriminatory bases. Furthermore, it aims to liberalize the gas market, to promote fair competition and ensure the entitlement of eligible consumers to select their suppliers. Moreover, it indicates that GasReg will inspect facilities, monitor and otherwise follow-up the performance of the licensees through performance standards for different gas market activities and verify compliance with licensing requirements. GasReg shall also set the economic regulations and the rules of calculating the tariff of the gas networks and facilities.
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Extension of the carbon tax suspension
As part of its March 2022 "New measures to offset rising energy prices" enacted in response to the global energy crisis, the Portuguese government extended the suspension of the carbon tax increase on fuels, set to expire on 31 March 2022, until 30 June 2022. A quarterly revision is then planned until the end of the year. The decision results in a EUR 0.05/L. effective reduction in fuel prices.In July 2022, the suspension was further extended to Q4 2022.
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Legislative decree n. 164 establishing common rules for the internal market in natural gas
This decree transcribes the EU directives to regulate the gas market in Italy. It also includes regulations over storage activities, of which the overall volume relating to strategic storage is established annually by the Ministry of Economic Development, with minimum volume equivalent to at least 30 consecutive days throughout the entire seasonal peak period. There is a concept of modulation vis-a-vis strategic storage where the former is to address daily, seasonal and peak consumption patterns
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Greenhouse Gas Reporting Program (GHGRP) (Annual Notice)
…CO2 equivalent) to report the total quantity of the listed greenhouse gas (GHG) emissions. The List includes CO2, CH4, HFC and PFC emissions, among others. The Minister of Environment publishes all information submitted in response to the annual notice.Canada established the Greenhouse Gas Reporting Program (GHGRP) in 2004. The programme was significantly expanded for the reporting year 2017 and 2018, with a reduced reporting threshold (reduced to 10 kt CO2 eq. from 50 kt CO2 eq. between 2009 and 2016). In addition, facilities in covered industries were required to use specified quantification methods and report additional information. In 2021…
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(Colorado) Regulation No. 22
…in an emissions reduction program to reduce greenhouse gas emissions from midstream fuel combustion equipment by twenty percent (20%) over the 2015 baseline. By September 30, 2023, each segment owner or operator must submit its company Emissions Reduction Plan to the Colorado Air Quality Control Commission.Beginning January 1, 2023, upstream oil and gas operators must participate in the greenhouse gas intensity program to reduce emissions. Operators are classified into majority operators (with over 10,000 kBOE company-wide production in 2022), minority operators (with less than 10,000 kBOE company-wide production in 2022), and new to market operators…
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National Greenhouse Gas Emissions Reporting Regulations, 2016
…natural gas), other emissions from energy production, transportation, among others.
Data providers fall into two categories. Data providers categorised as Category A are those responsible for an activity listed in Annex 1. Category B relates to any public, research or academic institution that holds greenhouse gas emission data or activity data relevant for calculating greenhouse gas emissions.
The regulations require Category A data providers to report the relevant greenhouse gases and associated activity data for all IPCC source categories where their capacity is equal or above established thresholds. The Technical Guidelines for Monitoring, Reporting, Verification and Validation of Greenhouse Gas… -
Ursula von der Leyen
President.
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H2Global - First auction for ammonia
Results from the pilot auction of H2Global for renewable ammonia were published in July 2024. Review of the pilot auction for renewable methanol is ongoing and the budget for synthetic kerosene will be reallocated to renewable methanol. Fertiglobe, a joint venture of OCI and ADNOC, was awarded the lot for ammonia at a delivered price to Europe of EUR 1 000/t NH3 (EUR 811/t NH3 net price excluding delivery). Fertiglobe plans to produce the ammonia in Egypt using hydrogen from the Egypt Green Hydrogen project, with deliveries to Europe starting in 2027 with a potential 19.5 kt…