Latest news with #Poppinga
Reuters
15-05-2025
- Business
- Reuters
Weak EU gas prices, Chinese demand to encourage storage refill, Uniper executive says
AMSTERDAM, May 15 (Reuters) - Current low European gas prices, supported by weak Chinese demand, will encourage the refilling of EU gas storage sites this summer, a senior executive at German utility Uniper ( opens new tab told Reuters. EU inventories were left two-thirds empty by the end of the winter season and the continent is estimated to need around 30 billion cubic metres (bcm) more gas than last year to meet storage targets. The EU parliament voted earlier this month in favour of loosening filling gas storage rules, over concerns the requirement to fill storage to 90% capacity by November 1 inflates prices. "In Europe, the summer-winter spreads that we see now do incentivise storage filling," Carsten Poppinga, Uniper's chief commercial officer said in an interview on the sidelines of Flame gas conference in Amsterdam. Gas prices rose in February to two-year high of 58 euros per megawatt hour (MWh), but they have since fallen and are now at around 34 euros/Mwh, according to LSEG data. Analysts estimate summer-winter spread has gone down from a high of around 7 euros/MWh earlier this year to 1.3 euros/MWh currently. The EU faces competition for LNG on the global market from Asia. But China, the world's largest LNG buyer, in April recorded its lowest LNG demand since October 2022, and has been reselling U.S.-sourced LNG cargoes to Europe amid a tariff war with the United States. If this continues, it would help Europe replenish stocks. A temporary truce agreed by Washington and Beijing earlier this week could unblock some of the two-way trade brought to a standstill by the conflict between the world's two biggest economies. If a final deal between the two powers is agreed, it might spur economic activity in China and support a pick up in gas demand. "If China takes a lot more of the LNG that is currently coming to Europe, then, of course, it's a different ball game, and then we would see higher prices," Poppinga said Poppinga said that Europe will continue to need LNG even if demand goes down, adding that while trying to diversify supply sources, the continent is still expected to get a large portion of its supplies from the United States. "U.S. LNG remains the most economic way to bring gas into the European Union," he said. In 2022, the German government bailed out Uniper ( opens new tab, once Gazprom's ( opens new tab biggest European customer. The German group has since replaced Russian gas volumes entirely via other suppliers including from the United States, Australia and the Middle East.
Reuters
14-05-2025
- Business
- Reuters
Gas price around 25 euros/Mwh could boost investment, Uniper executive says
AMSTERDAM, May 14 (Reuters) - Gas prices around 25 euros ($28.13) per megawatt-hour, compared to 34 euros currently, could be needed to stimulate investment in the European economy going forward, a senior executive at Germany's utility Uniper ( opens new tab said on Wednesday. Since the energy crisis of 2022, when gas prices peaked at nearly 350 euros per megawatt hour (MWh), dozens of firms across Europe have closed factories and cut activity and jobs as high gas prices undermined their competitiveness. "I'm optimistic that gas prices around 25 (euros/MWH) might stimulate some investment in the European economy going forward, if you can prove that this is a price level that can be stable," Carsten Poppinga, Uniper's chief commercial officer said at the Flame gas conference in Amsterdam. Many businesses have maintained their reduced demand and lower manufacturing activity, with negative implications for Europe's sluggish growth. Poppinga said that Europe will continue to need liquefied natural gas (LNG) even if demand went down, adding that while trying to diversify, the continent is expected to get a large portion of its supplies from the United states. "U.S. LNG remains the most economic way to bring gas into the European Union," he said. ($1 = 0.8889 euros)
Yahoo
21-02-2025
- Sport
- Yahoo
Kelly Poppinga's top special teams plays of 2024
Asking Kelly Poppinga to select his top five plays on special teams in 2024 is like asking a parent to choose a favorite child. Poppinga loved them all — and there were a lot. However, his top five (or five and a half) have back stories that make them stand out from the others. Here they are. Midway through the third quarter, on fourth and 10 at its own 35, BYU's Sam Vander Haar faked a punt and ran 10 yards for a first down to extend a drive that ended with a field goal. 'We had called it, but (Tyler) Batty was supposed to check out of it because we didn't get the exact look we wanted,' Poppinga, BYU's special teams coordinator and defensive ends coach, told the 'Y's Guys' podcast this week. 'At the last second, their guy shifted over, but Batty made the call before the shift. He was like, 'We're going with it!'' Poppinga told head coach Kalani Sitake, 'I think he stayed with (the call).' 'But that's not the look?' Sitake shot back. 'I know,' said Poppinga. 'Then all of a sudden, the kid shifted over and we were like, 'OK.'' When Parker Kingston botched the catch of a Kansas State punt in the third quarter, only to recover it and proceed to run 90 yards (more like 140) for a touchdown, Poppinga was stunned. 'It's probably the most unbelievable play I have seen in my life,' he said. 'But the reason I don't have it higher (on my list) is because he muffed the (catch) and then he dropped the ball as he crossed the goal line — I went from 'Oh my gosh! I'm gonna kill this kid' to 'Oh my gosh! This is the greatest play ever.'' Kingston's second punt return for a touchdown, a 63-yard burst in the second quarter against Colorado, triggered BYU's 36-14 rout in the Alamo Bowl. 'When that play happened the game was over,' Poppinga said. 'It was awesome to see special teams change a game.' Leading 10-0 late in the first quarter against Colorado, BYU executed an onside kick. Will Ferrin kicked the ball 10 yards and Ethan Slade jumped on it. 'That play showed Colorado that we were not messing around,' Poppinga said. 'We came here with guns 'ablazing. We are going to throw everything at you guys.' During film study, BYU spotted a tendency on kick returns by the Buffaloes that left them vulnerable. 'Colorado had given that look all season long and when we did the first kickoff, Kalani saw it and said, 'Hey, it's there.' 'I know,' Poppinga responded. 'Next time, we are running it!' said Sitake. Trailing 7-3 in the second quarter at Utah, Keelan Marion returned a kickoff 96 yards for a touchdown. 'They had just scored and that place was going nuts,' Poppinga said. 'They kicked it to us, and you could hear a pin drop.' For Marion, the return sealed his All-American honors. 'The thing I love about that play was it was the best blocked kickoff return I've maybe ever coached,' Poppinga said. 'Everybody hit their guy 100% and (Marion) was untouched, except for maybe the kicker.' Will Ferrin's 44-yard field goal with nine seconds remaining defeated Utah 22-21 in Salt Lake City. While both fan bases held their collective breath on the game's final drive toward the south end zone, Poppinga was having flashbacks to 2010 and 2012 — and they weren't pleasant. 'We are going the same direction (as those two games) and both of those kicks got blocked,' he said. 'I'm not saying this to anybody, but in my head, I'm thinking, 'Gosh dang it guys! Do not do this to me again!' After Hinckley Ropati's run moved BYU into field goal range, Poppinga walked over to his kicker. 'A-Rod is asking me where (you) want (the ball placed) and (Will) said, 'Coach, it doesn't matter. The ball is going in wherever it's at.' True to his words, Ferrin made the kick. 'The operation from the snap to the hold to the kick — everything was money,' Poppinga said. 'The protection was awesome, and Will drilled that thing.' Nothing can change a football game faster than turning up the pressure on a quarterback or bringing the heat on special teams. BYU did both in 2024 and Poppinga's fingerprints can be found all over the Cougars' 2024 success. 'I think all great defenses start with pass rushes. Look at the Super Bowl. The Eagles had a great pass rush, the Chiefs couldn't block them, and they just destroyed them,' Poppinga said. BYU's pass rush didn't generate near the number of sacks they had hoped for, but what it did down field was unlike any previous season. Forcing the quarterback to throw under duress led to 22 interceptions, which tied Texas for most in the country. Poppinga cites the Cougars 41-19 win against Arizona as a perfect example. '(Noah) Fifita got hit over 20 times. I don't think we sacked him once, but we hit him a ton,' he said. 'If you go back and look at Tanner Wall's interception, Viliami Po'uha (Freshman) smacks Fifita. Nobody sees that big hit — but it's a big hit. Fifita throws it and Tanner (Wall) makes a great play.' Bringing more pressure this fall is priority No. 1 with big shoes to fill on the defensive line with Tyler Batty, Blake Mangelson, John Nelson and Isaiah Bagnah graduated. 'I feel very confident about the interior guys,' Poppinga said. 'The defense ends are really young but very talented. Probably more talented than what we have had, they are just young. They have been working their tails off. The Cougars return just about everybody from a 2024 special teams unit that may have been BYU's best ever. Marion (kickoff returner), Kingston (punt returner), Ferrin (kicker) and Vander Haar (punter) will all be at spring practice next week looking to get better. 'The expectation is set. That's the message from me going into spring ball. We set a high standard. What are we willing to do to take the next step? That's the next challenge,' Poppinga said. 'It's keeping them healthy and hungry and helping them understand there is a whole other level we can take this thing to.' Poppinga laughed at the initial suggestion by then-BYU head coach Bronco Mendenhall in 2013 that he was being promoted to special teams coordinator. Admittedly, he didn't know much about it beyond his own playing time on punt and kickoff details.
