Gas Infrastructure Europe (GIE) Position Paper on European Security of Supply and storage-related measures. The European energy landscape is evolving rapidly, and with it, the need for a robust and adaptable security of supply strategy. GIE’s latest position paper highlights the crucial role of gas storage in stabilizing energy markets, mitigating price volatility, and ensuring resilience in an increasingly unpredictable […]
In February 2025 the development of two Cyprus offshore fields was announced – Aphrodite and Cronos. The significance of this is around two overlapping stories. This commentary by OIES examines the decline in Egyptian gas production and how the country has increased imports to balance its high domestic demand. It also looks at the development plans for Aphrodite and Cronos […]
The relationship between gas and electricity is evolving; as renewables expand and coal plants retire, electricity markets reduce gas reliance but remain exposed to price volatility when fossil fuels are needed. Fossil fuels, particularly gas and coal, remain essential for peak demand flexibility. Market prices are volatile, driven by gas price fluctuations and renewables’ variability. The need for electricity market […]
Ensuring Europe’s energy security and achieving industrial decarbonisation, while maintaining industrial competitiveness has never been more critical. To achieve these goals, the EU needs to address the structural vulnerabilities of its energy system. Rising electricity costs, dependence on imported gas, and global competition in clean technologies all threaten the sustainability of European industries. This paper explores the evolving landscape of […]
Ukraine gas storage levels dropped to a record low of just over 1 bcm of effective working gas left in...
Gas supply flexibility plays an increasingly important role in ensuring heat & electricity supply security, including in renewables-rich markets, where...
European gas storage fill levels fell below 50% this weekend, meaning that Europe's storage injections could surge to 55 bcm...
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