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Chart comparing Spain’s electricity prices and gas power costs during 2021–2022 and 2025–2026

Spain’s power market shows growing decoupling of electricity and natural gas prices

Natural gas prices have once again come under pressure amid geopolitical tensions and supply concerns, yet their influence on Spain’s electricity market has become less pronounced than during previous energy crises. This report explores the growing decoupling of electricity and natural gas prices in Spain and examines the implications for power market design, consumer costs and energy policy across Europe. […]

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Chart showing year-on-year changes in Germany’s industrial gas consumption from June 2025 to May 2026

European gas market navigates tighter LNG supply and shifting trade flows

The European gas market continues to adapt to changing global supply dynamics as LNG availability, storage levels and international trade flows reshape regional market conditions. With energy security remaining a priority, market participants are closely watching developments in gas demand, supply and pricing ahead of the next winter season. Recent market developments highlight the growing influence of global LNG flows […]

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Chart comparing 2025 gas prices with estimated biomethane and hydrogen production costs

EU gas market faces difficult choices on the path to decarbonisation

The EU gas market is entering a period of profound transformation as policymakers seek to balance emissions reduction, energy security and industrial competitiveness. While gas demand is expected to decline over the long term, questions remain over the pace of change and the role that natural gas, biomethane, hydrogen and carbon capture technologies will play during the transition. The report […]

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Chart showing TenneT’s authorised revenue forecast rising in the Netherlands from 2024 to 2034

European hydrogen production faces growing pressure from rising electricity network tariffs

European hydrogen production could face increasing cost pressures as electricity network tariffs rise to support major grid investments across the continent. With electricity accounting for the largest share of electrolyser operating costs, industry groups are warning that higher network charges could weaken the competitiveness of renewable hydrogen projects and slow investment across the sector. The briefing argues that hydrogen production […]

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EUROPEAN GAS INSIGHTS
UPCOMING EVENTS