As countries slowly commit to phasing out oil and natural gas, fossil fuel giants are starting to pivot to hydrogen gas. But how green is it - and how much will it cost you?
<p><span>In a market environment characterised by uncertainty, EEX Group in 2022 succeeded in consolidating its position as the leading exchange group for energy and commodity products and in ensuring stability in the energy market. Peter Reitz, CEO of EEX, comments: "The past year illustrates the important role of exchange trading. Open markets are essential for secure and transparent energy markets and make an important contribution to security of supply, especially in turbulent times. This was particularly evident in the gas markets in 2022, where the need for hedging instruments was exceptionally high due to the tight supply situation." With a total volume of 6,669.5 TWh, EEX Group increased its trading volumes on the Natural Gas markets by 112% to a record high.</span></p>
Vladimir Putin’s secret weapon has fizzed. He turned off the taps. He blew up his own pipelines. But gas prices in midwinter Europe have fallen to pre-war
Russia can no longer use its natural gas to blackmail Berlin. Germany has filled its storage facilities without Gazprom's help, and it's prepared for next winter as well, writes Andrey Gurkov.