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Global natural gas markets are set to remain tight in 2025 as demand continues to rise and supply expands more slowly than before the pandemic and energy crisis, according to the IEA’s latest quarterly Gas Market Report published today. The report also includes that while halt of Russian piped gas transit via Ukraine does not pose imminent supply risk for […]
The natural gas supply and demand measures launched in North Africa’s gas exporting countries over the last six months show that policymakers in these countries are increasingly focused on how to best reduce the fall or expected fall in their natural gas export potential. According to the report’s authors (OIES) in addition to the internal gas supply and demand challenges, […]
In the third week of January, prices rose in most major European electricity markets, driven by lower wind energy production, increased demand due to colder temperatures and higher gas and CO2 prices. On January 17, CO2 futures reached the highest settlement price since late May. Solar photovoltaic energy production increased, setting all-time records for a January day in Spain, Portugal […]
Poland, a country historically reliant on energy imports, has proactively engaged in international cooperation to boost its energy security. This paper examines Poland’s key international partnerships in energy generation, covering fossil fuels and renewable energy sectors, such as wind, solar, hydrogen, and nuclear power plants. Source: The European Council on Foreign Relations (ECFR)
This Policy Brief analyzes the critical energy trends that shaped 2024 and anticipates those likely to define 2025, focusing on their implications for energy security, geopolitical shifts, and the trajectory of the global energy transition. Unresolved conflicts in Europe and the Middle East continue to threaten energy security, while geopolitical rivalries between China and the West deepen. China is leveraging […]
The end of Russian gas transit via Ukraine on 1 January 2025 was a significant event, in that it marked another step on the path of declining Russian pipeline gas supplies to Europe, leaving deliveries via Turkish Stream to South-Eastern Europe and Hungary as the last remaining route by which Gazprom can deliver gas to a European market on which […]
Gas production from the NCS reached a record-high level in 2024. A total of 124 billion standard cubic metres (Sm3) was sold. This is the highest level since 2009. Production from the Troll and Johan Sverdrup fields in the North Sea contributes about 37 per cent of overall production from the NCS. The high production in 2024 was caused by […]
The fall of the Assad regime in Syria has revived Turkey’s plans to construct oil and gas pipelines through the country, turning it into a regional “energy corridor” for neighboring states. Some of these plans would offer the Arab Gulf States a more convenient land route for exporting energy to Europe through Turkey, posing a challenge to Israel’s similar aspirations. […]
The shift from Russian gas to the LNG market will likely require substantial infrastructure investments in the EU and LNG-producing countries, increasing the risk of long-term dependency. Geopolitical dynamics add further complexity – e.g., the U.S., which supplied 50 percent of Europe’s LNG in 2023, has advocated for long-term purchasing agreements that could delay green technology adoption and extend the […]
