European gas infrastructure market is seeing renewed investor interest as volatility recedes and LNG plays a bigger role in the continent’s supply mix. Yet beneath this return to normality lies a more complex picture: valuations are increasingly influenced by a new set of geopolitical and policy uncertainties. As Francesco Sassi and Giovanni Bettinelli note in […]
European gas prices have softened sharply into the start of winter, with market dynamics overriding weather-driven demand strength, writes Greg Molnár. TTF month-ahead prices settled below the €30/MWh threshold yesterday for the first time since May 2024, further confirming the downward trend despite the recent cold spell. TTF prices fell by more than 10% since […]
European gas demand surged by 45% over last week amid the winter’s first coldspell and slower wind speeds. Daily gas demand soared by more than 45% between 14-21 Nov, or around 0.6 bcm/d in absolute terms. This strong increase was largely driven by colder temperatures, which boosted space heating requirements and drove-up rescom demand by […]
The intraday variability of German gas-fired power generation has more than doubled since 2019 and is set to reach a new all-time high in 2025, highlighting the growing role of gas-fired power plants in balancing the power system. Intraday variability is a key metric for assessing flexibility requirements through a trading day. Here it is […]
Europe’s LNG regas capacity is becoming an increasingly valuable asset as the global LNG supply wave accelerates into 2025–26. Incoming US volumes, flexible Atlantic cargo flows, and rebounding Asian demand are reshaping utilisation patterns across Europe’s terminals. While total LNG imports remain robust, access conditions are tightening in key locations—particularly Northwest Europe—where higher utilisation and seasonal swings […]
The European gas market is facing a paradox: LNG-dependent even as demand steadily declines. The IEA’s World Energy Outlook 2025 points to European consumption falling by roughly a quarter by 2030 versus pre-crisis levels, driven by efficiency, electrification and rapid renewable deployment. Yet Europe will continue to rely on LNG for flexibility and winter balancing […]
Last week saw multiple announcements of new deals to use US LNG deliveries into Eastern Europe to supply Ukraine and support the phase out of Russian pipeline supplies. This is evidence of how growing US LNG portfolios are likely to leverage the growing connection between LNG exports and the Trump’s administration’s geopolitical and geoeconomic agenda […]
European gas prices have dropped by nearly 40% since the start of 2025, falling well below last year’s levels. As global LNG supply expands and Asian demand remains weak, Europe’s gas market may be entering a phase of structural easing. This article explores the latest shifts in supply, demand, and price dynamics across regional hubs. […]
Europe has taken a decisive step toward cutting economic ties with Moscow by moving to ban Russian gas, a shift that formalizes the direction of travel since 2022. The policy aims to phase out remaining dependence and deter new commercial exposure, while preserving short-term security of supply during the transition. For market participants, three strands […]