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European gas market conditions are expected to remain challenging despite weaker gas demand, according to the latest quarterly global gas market outlook. While stronger renewable generation and higher gas prices are projected to reduce European gas consumption this year, the analysis also highlights that global LNG market disruptions continue to influence European prices, LNG imports and overall security of supply. The […]
European LNG imports rose sharply in 2025 as the region replaced lower Russian pipeline supplies and rebuilt gas storage, further cementing Europe’s position as the world’s balancing LNG market. The latest industry analysis shows Europe imported an additional 26.1 million tonnes of LNG during the year, while softer Asian demand redirected more Atlantic Basin cargoes towards European terminals. This shift helped […]
Russian gas imports continue to account for a meaningful share of European gas supply despite the EU’s phased ban. A new report examines the long-term contracts still in force, the volume of authorised LNG and pipeline imports, and how the transition away from Russian gas is expected to reshape European gas markets over the coming months. The report shows that Russian […]
Gas infrastructure is expected to remain essential in France well beyond 2050, even as demand declines and renewable gases play an increasingly important role in the country’s energy mix. A new study concludes that most transmission and distribution assets will still be required, while highlighting the need for continued investment in biomethane integration and network modernisation (report in French). The report also […]
EU ETS review is entering a critical phase as policymakers seek to balance industrial competitiveness, decarbonisation and energy security in the next revision of the bloc’s carbon market. The outcome could have important implications for Europe’s power sector, particularly in countries where gas-fired generation continues to play a key role in setting electricity prices. The briefing warns that weakening the carbon […]
UK gas demand fell sharply in the first quarter of 2026 as record wind generation reduced the need for gas-fired power. The latest UK energy statistics show total gas demand down 5.1% year-on-year, with gas use in electricity generation falling 17%, while domestic production continued to decline as North Sea output weakened. Imports were broadly stable, but the supply mix shifted […]
TTF gas prices continued to strengthen during the first week of July despite a broader easing in European electricity prices. This eview of European electricity markets highlights how stronger wind generation and lower electricity demand reduced wholesale power prices, while continued injections into European gas storage kept upward pressure on TTF gas. Front-month TTF futures rose steadily from €42.57/MWh on […]
European power prices increased sharply in the final week of June as a heat wave lifted electricity demand across major markets. Lower wind generation in Germany and Italy, together with gas prices remaining above €40/MWh, also supported higher prices. European power prices rose across major markets in the fourth week of June as higher temperatures pushed electricity demand higher. Weekly […]
European gas-fired generation remains essential to maintaining electricity system reliability when wind and solar output falls. This policy brief argues that Europe has shifted from a dependence on imported gas to a structural dependence on flexible gas-fired power, making a coordinated transition strategy essential before existing capacity is retired. During Dunkelflaute periods, gas plants provide fast dispatchable backup, but they […]