The episode examines Italy's controversial decree that seeks to shift EU ETS costs from gas‑fired power producers to consumers, aiming to lower wholesale electricity prices and boost industrial competitiveness. Guests Enza Tedesco and lawyer Lorenzo Parola explain the economic rationale, potential market distortions, and legal challenges, including state‑aid rules and the breach of the polluter‑pays principle. They highlight how volatile gas supplies and high LNG prices undermine the decree's effectiveness and raise concerns about EU market cohesion. The discussion concludes that any lasting solution must be coordinated at the European level rather than through unilateral national measures.
The episode examines the upcoming launch of Nord Pool's electricity futures contracts and the resulting scramble for liquidity across the Nordic power curve, with Nord Pool CEO Tom Darrell and EEX CEO Peter Reitz debating who will dominate. It also...

The episode examines escalating geopolitical risks to Europe’s energy security, focusing on rising US‑Iran tensions, Russia’s renewed attacks on Ukrainian energy assets, and shifting US interest in Greenland. Experts from Eurasia Group, Aurora Energy Research, and Montel analyze how these...