European Energy Market Review

IEA Energy Market Review 2023

IEA Energy Market Review 2023: Powerful Trends and Challenges

IEA Energy Market Introduction  The energy landscape is shifting faster than ever before, and the International Energy Agency’s (IEA) 2023 Energy Market Review is your main source to get the latest insights about latest industry trends, challenges and solution. Yet, at 134 pages long, the IEA report can be an overwhelming read for many. That’s […]

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European power prices

European Energy Market Update – Week 14 (Apr 10th, 2022)

Weekly European energy market update: The USA announced last week it would release 1 million bl/d from its strategic reserves over the next 6 months. The IEA Member Countries also agreed to a new emergency oil stock release in response to market turmoil. EU countries agree on new Russia sanctions, including a coal embargo. The

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European power prices

European Energy Market Update – Week 11 (Mar 20th, 2022)

Weekly energy market update: EU gas prices declined -12% w-o-w due to increased renewable generation & warm weather, while carbon prices increased +10% w-o-w following the financial market recovery. The fighting in Ukraine continues to present a strong upside risk in the case of intentional or accidental damage to the pipeline pumping Russian gas into

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European power prices

European Energy Market Update – Week 7 (Feb 20th, 2022)

Weekly energy market update: After testing the Dec’21 market peaked on Mon, the power price turned into a bearish correction as the tensions between Russia and Ukraine softened. The weather forecast remains mild and the increasing renewable generation with the strong LNG deliveries to Europe can put further bearish pressure on the power market. That

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Electricity Market Report by the IEA

Review of Electricity Market Report January 2022 by the IEA

The International Energy Agency (IEA) has published a new Electricity Market Report as of January 2022, where they share the latest industry trends, news, and future outlook. In this article, we will review the main highlights of the 118-page report, so you can save your time and get only the most important out there. You can

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European power prices

European Energy Market Update – Week 5 (Feb 6th, 2022)

Weekly energy market update: The market price increased ~20% over the past weeks mainly due to the geopolitical tension between Russia and the West. However, in Feb, there are several important bearish drivers to watch out for: The Lunar New Year holiday in China Solid LNG gas send-outs to Europe from the USA Increasing renewable

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EU power price

The European energy market price history and 2021 EU energy crisis

Energy Market Highlights 2021 The European energy market price has witnessed completely new levels in 2021 by far surpassing those we had in 2008. The European day-ahead power price was seen >400 EUR/MWh mark in Dec’21 vs the historical market average of around 40-50 EUR/MWh, which is a 10-times increase. The main drivers of the

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