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European power demand surges as heatwaves test generation
European power demand rose sharply during the June and July 2026 heatwaves, increasing by as much as 28% in Italy, 23% in Hungary, 14% in France and 13% in Spain. Record solar generation helped meet daytime demand, but constraints on gas-fired and other thermal generation, combined with declining solar output in the evening, contributed to tighter supply conditions, greater reliance […]
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European power prices rise as TTF gas climbs and wind generation falls
European power prices increased across almost all major markets in the second week of August, with weekly averages exceeding €128/MWh everywhere except Nord Pool. Higher TTF gas prices and weaker wind generation drove the increase, while Italy was the only major market to record a decline. France and Great Britain recorded the strongest price increases, both rising 25% week on […]
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UK gas market roadmap sets out challenges to 2050
The UK gas market will need to adapt significantly as declining demand, increasing import dependence and the emergence of low-carbon gases reshape the energy system through to 2050. The roadmap identifies three central challenges: managing the gas market transition, maintaining market resilience, and integrating emerging markets including hydrogen, biomethane and CCUS. The roadmap highlights growing pressure on existing charging, cost-recovery […]
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European gas storage rebuilding struggles amid tight LNG supply
European gas storage is one of several energy market themes examined in this latest market update, which also covers oil, EU carbon allowances and wider commodity markets. We highlight its European gas analysis in particular, where slower storage injections, increasing competition with Asia for LNG cargoes and an unfavourable TTF curve are raising concerns over the pace of inventory rebuilding […]
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EUROPEAN GAS INSIGHTS

Italy LNG imports surge as Europe’s gas storage paths diverge
Italy LNG imports surged in July 2026, making the country the EU’s largest LNG importer as other major European buyers

TTF gas prices surge as supply risks build ahead of winter
TTF gas prices surged by more than 10% on Monday as European markets reacted to mounting supply risks ahead of

European gas storage paradox raises concerns for winter supply security
European gas storage is facing a growing market paradox as weakening seasonal spreads reduce the commercial incentive to inject gas
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