European power prices ease as gas markets weaken
December 16, 2025
The mild winter kept gas markets at ease over the 2023/24 heating season. The above-average temperatures, together with the strong expansion of renewables and higher nuclear availability limited gas demand growth to around 2% yoy over the 2023/24 winter; Asian and European gas prices fell below their pre-crisis levels in Q1 2024, indicating that the market is recovering from the […]
