The Netherlands is emerging as a critical redistribution hub in the European gas market, balancing regional flows and supporting neighbouring systems under stress conditions, according to analysis by Pablo Díaz García of Energy Exemplar. The analysis examined the Netherlands under the S15 “bearish” scenario, which combines colder weather with reduced North Sea supply, including lower […]
European gas storage injections are running around 20% below last year’s levels as negative seasonal spreads reduce incentives to fill inventories, raising concerns over meeting EU storage targets. EU storage injections averaged 20% below their last year’s levels since the start of April amid tighter supply fundamentals and negative seasonal spreads. More than 5.5 bcm […]
European energy policy is shifting towards homegrown energy and electrification as the latest crisis triggered by the Strait of Hormuz blockade exposes both the bloc’s dependence on imported fuels and the limits of coordinated short-term responses. The European Commission’s AccelerateEU plan sets out a clear strategic direction: reduce dependence on volatile fossil fuel imports and […]
Russian LNG exports surged to record levels in March 2026, with Europe absorbing a growing share of Yamal LNG cargoes as the Hormuz crisis tightened global LNG supply. The EU has never imported as much LNG from Russia as it did in March 2026. According to data from Bruegel, the EU imported approximately 2.45 billion […]
European gas storage injections are off to a slow start in 2026, as lower starting levels and constrained LNG supply increase pressure on the refill season. Europe left winter with storage levels just 28% full, near the bottom of the five-year range, and thus an above average injection rate will be critical to meet the […]
European gas demand has remained significantly below seasonal expectations due to unseasonably mild weather, helping to stabilize the market despite geopolitical tensions and reduced LNG imports. This decline has played a key role in offsetting supply disruptions, including concerns around the Strait of Hormuz, while still allowing steady storage injections across Europe. Unseasonably low demand […]
European electricity prices remain structurally linked to gas markets, with TTF price movements continuing to drive power price volatility across key markets such as Germany and Italy. Recent geopolitical tensions, including disruptions to LNG flows, have reinforced how gas still sets marginal electricity prices, embedding global risk directly into European power markets. Despite significant growth […]
European gas demand during the 2025-26 winter was less than 3 bcm higher than the previous year. European apparent gas demand during the 25-26 winter was less than 3 Bcm higher than the previous year. Over the course of the just ended winter, storage withdrawals were actually lower than the previous year, despite an increase […]
TTF trading hours have been extended from 10 to 21 hours, marking a major shift for European gas markets with far-reaching implications for trading, risk management and global market participation. European gas and power trading hours were just extended from 10 to 21 hours, a significant change with profound implications on operations, risk management and […]