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Chart showing the number of congested EU gas interconnection point sides from 2021 to 2025

European gas market reaches new equilibrium after energy crisis

The European gas market has entered a new phase of stability following the 2022-2023 energy crisis, with lower demand, expanded LNG infrastructure and more flexible gas flows helping to reduce bottlenecks across the network. While vulnerabilities to external shocks remain, recent analysis suggests the market has largely adapted to a fundamentally different supply landscape. European gas market dynamics have shifted […]

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Chart comparing Germany’s 2026 electricity costs by generation technology

European power generation costs challenge assumptions about renewables

European power generation costs may be significantly higher than commonly cited generation metrics suggest, according to a new analysis that examines storage, backup, balancing and grid integration requirements. The findings reignite the debate over the role of gas-fired generation and whether the full costs of maintaining reliable electricity systems are adequately reflected in Europe’s energy transition planning. European power generation […]

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Chart showing GB CCGT fleet age by GW capacity and retirement risk

Gas-fired generation faces growing economic pressure

Gas-fired generation remains essential for maintaining security of supply and balancing growing volumes of renewable power, but the economics of owning and operating gas plants are becoming increasingly challenging. A new analysis argues that while power systems continue to rely on gas during periods of low wind, low solar output and system stress, falling load factors, ageing fleets and weak […]

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Chart showing EU gas storage filling levels under different disruption and LNG supply scenarios

European gas storage targets depend on strong LNG imports

European gas storage levels can be restored ahead of winter 2026/27, but only if LNG imports remain strong throughout the summer injection season. A joint ENTSOG and ENTSO-E assessment concludes that Europe’s gas infrastructure is capable of supporting storage refilling, although lower LNG availability could significantly constrain injections and leave inventories well below target levels by October. The report highlights […]

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EUROPEAN GAS INSIGHTS
UPCOMING EVENTS