European gas demand to rise 10 Bcm year-on-year this winter

Despite a third year of overall contraction in gas demand in the EU-27 plus UK, OIES expects gas demand over the winter months to rise 10 Bcm year-on-year, as colder temperatures drive space heating and power demand, with short-term gas demand volatility exacerbated by the need to cover renewables intermittency. After two years of mild European winters, the 2024/25 season […]