The Nordic region has not escaped the unprecedented energy price levels seen elsewhere, but according to this week’s guests, remains competitive compared to other parts of Europe and the world.Listen to a discussion on the outlook for electricity prices and the market consequences of the crisis. Could the region see the introduction of price caps and export limitations?Guests: Sigbjørn Seland, Chief Analyst, Storm GeoMia Bodin, Head of Analysis, Bodecker Partners

European wholesale gas prices have softened in recent days on forecasts of mild weather and the prospects of LNG imports but they are set to remain at historic highs for many weeks to come.This week’s pod discusses the crucial question of Russian gas supply, LNG shipments in the first quarter and Asian demand. When will the energy crisis ease?Guest: Trevor Sikorski, Head of Natural Gas, Oil and Carbon Research, Energy Aspects

Some German energy retailers went under last year, but many more could follow suit in 2022 as the consequences of soaring prices and poor hedging strategies become clear.Listen to a discussion about whether the existing marginal pricing model is fit for purpose, particularly as renewable energy capacity ramps up and nuclear and coal are phased out. Plus, how will the new German government cope with a potential supply crunch.Guest:Tobias Federico, Managing Director, Energy Brainpool

Carbon prices have tripled, gas markets have soared, Europe is burning through its coal stocks but at the same time the demand for green energy procurement has never been higher.Listen to a review of 2021 in carbon, environmental markets as well as in coal and gas and the key drivers for next year. Will all eyes be on the EC’s Fit-for-55 package or will the focus return to speculators in the EU ETS?Guests:Alessandro Vitelli, Freelance Carbon ReporterLaurence Walker, Coal and Gas Editor, MontelRachael Burnett, Environmental Markets Reporter, Montel

The collapse of dozens of UK energy retailers amid a spike in wholesale prices suggests too many were operating with just enough money to cover their expenses. Or does it reflect a failure of market design or of government policy?Listen to this week’s discussion about energy zombie firms and how to fix the UK’s energy market.Guest: Emma Pinchbeck, CEO, Energy UK

This week’s pod discusses the contested Nord Stream 2 pipeline following the temporary suspension of certification by the German regulator.Listen to a discussion on the latest developments regarding Gazprom’s attempts to gain approval and the bureaucratic, legal as well as geopolitical obstacles that stand in its way. When can we expect Russian gas to start flowing into Germany?Guest: Ana Stanic, Principal, E&A Law

This week we return to the European carbon market, where prices have soared following plans by the new German government to introduce a CO2 price floor. Listen to a discussion on the key market drivers and the outlook for the coming months. Could prices hit EUR 100/t by the end of the year or are they more likely to correct down?Guest: Ingvild Sorhus, Lead EU Carbon Analyst, Refinitiv

This week our attention turns to COP26 that ended last weekend in Glasgow. Was there a gulf between the technical jargon used by the conference participants and wider the global climate crisis affecting many parts of the world?Listen to a discussion on the agreement reached and the implications for carbon markets. How far away are we from a global carbon price?Guests:Lambert Schneider, Research Coordinator for International Climate Policy at Germany’s Institute for Applied EcologyAndrei Marcu, Executive Director of the European Roundtable on Climate Change and Sustainable Transition.

This week we focus on Europe’s Guarantee of Origin (GO) market and discuss Norway’s plans to exit the system. What form could such a GO Nexit take and how will the country be able to attract new industry wishing to source green electricity?Listen to a discussion on the Norwegian proposal, current market dynamics and how many EU GOs the UK will import this year and next in the wake of its departure from the EU.Guest: Adam White, Secretary General, RECS International

This week we speak to a regulator, a first for the pod, about how the French watchdog has dealt with the country’s energy crisis. Will more French suppliers go under, and what, if anything can be done to shield industry from very high prices?Listen to a discussion on whether the current market design is fit for purpose, and what the CRE is doing to combat market abuse.Guest: Dominique Jamme, Managing Director, CRE