European power prices ease as gas markets weaken
December 16, 2025
In this new paper by the OIES, Mike Fulwood reassesses the EU plan to ban Russian pipeline gas and LNG and models the impact if the full ban is accelerated to 2026 instead of 2028. The author finds a much tighter near-term market in the accelerated case: average 2026–35 TTF +$0.54/MMBtu (vs +$0.27 in the 2028 case), with 2026–27 spikes […]
