Key developments in European gas wholesale markets for H1 2024

ACER-2024-MMR-Gas-Key-Developments-Q1-Q2

While prices have increased since the start of the year, they have been lower, on average, than in 2023. LNG production outages, global competition and limited demand reduced the utilisation of EU LNG terminals, especially in the second quarter. Gas-fired power generation is in decline due to the increased output of renewables. Mild weather, household savings, and sluggish recovery of […]

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