European power prices ease as gas markets weaken
December 16, 2025
Winter 2022/23 included a demand day of 417mcm, the highest seen since ‘Beast from the East’ 5 years ago. Baseload supplies from the UK Continental Shelf (UKCS) were broadly in line with expectations, with Norwegian Continental Shelf (NCS) supplies slightly lower than anticipated due to flows being favoured to Europe. LNG supplies were at a record level, the highest we […]
