Advancing Renewable Energy through Community Research

Weekly Energy Market Highlights: To read the prior week’s European Energy Market Update, please follow the link here.

Weekly Energy Market Highlights: Gas TTF Y+1 contract increased by around 20% WoW after the Gazprom announcement to reduce the gas flows via Nord Stream 1 to 20% capacity from Wednesday onwards. LNG gas supplies to the European continent remain strong in July, helping restore gas storage to 67% capacity this week. The German government

Weekly Energy Market Highlights: Gas prices decreased this week due to the restart of Nord Stream 1, but concerns persist over the future of Russian gas supplies to Europe. The gas stocks in Europe continued to recover to 66% capacity this week. The European Commission has asked European Union member states to slash their gas

European Energy Market Highlights: European gas and power prices continue to increase as market players are fearing that Russia won’t restore the gas flows after the planned maintenance of Nord Steam which is due to end on the 21st of June. Coal prices increased too following the gas market direction and several floods were reported

Weekly European Power Prices Highlights: To read the prior week’s European Energy Market Update, please follow the link here.

Weekly Energy Market Highlights: European power prices remain extremely bullish over concerns around Nord Stream and that flows will not return after the planned shutdown of the pipeline on 11-23 July. Market analysts expect that if Europe were to lose Russian gas this year, the gas prices can reach well above 200 EUR/MWh. This will

Weekly Energy Market Highlights: European power prices spiked this week amid surging gas prices and the expectation that Russia will completely halt the gas flows to the continent. Russian gas flows through the Nord Stream 1 pipeline to Germany were reduced to 60% capacity. Additionally, the annual maintenance of Nord Stream 1 is set to