European power prices ease as gas markets weaken
December 16, 2025
As Europe enters the gas summer with storage levels at just 34% of capacity, the pace of filling in the coming months will be crucial. Europe has ended the winter with underground gas inventories at 34% of capacity (37bcm), a 25pp y-o-y decline. This decline has been driven by colder-than-average weather, Dunkelflaute events reducing renewable generation, and the suspension of […]
