European power prices ease as gas markets weaken
December 16, 2025
European gas demand is forecast to decline by 66% from 2023 levels to 117 billion cubic metres (bcm) of gas per year if the EU reduces greenhouse gas emissions by 90% by 2040, as proposed by the European Commission. Existing gas fields in the EU, Norway and Algeria and already agreed long-term contracts are expected to supply the EU with […]
