Tag Archives: Europe

Europe’s Gas Crisis isn’t over despite Full Storage

A year ago, European politicians declared the gas crisis from the near-complete halt of Russian supplies was over. The EU had turned to alternative natural gas suppliers, assuring there would be enough to prevent shortages and steep prices. These assurances now appear premature. Last week, European benchmark gas prices hit …

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European Gas Futures Retreat from 2024 Highs

Europe’s benchmark natural gas prices slumped on Monday from their 2024 high from last week as Israel’s retaliation for the Iranian missile strike was limited in scope and targets and avoided energy infrastructure in Iran. Dutch TTF Natural Gas Futures, the benchmark for Europe’s gas trading, were trading down by …

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Europe’s Renewable Power Prices Drop

Moderating inflation and reduced market volatility compared to 2022 and 2023 resulted in lower prices for renewable electricity in power purchase agreements across Europe. During the third quarter of 2024, power purchase agreements (PPAs) for electricity sourced from renewable energy showed a 12.4% decline in price, compared to the same …

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Gas Crunch Looms as Demand Outpaces Supply Growth

Natural gas demand is set to increase more than previously expected, the International Energy Agency reported recently. Demand will remain strong next year as well, the agency predicted, warning that this might lead to a problematic situation with supply—because that’s not growing fast enough. Just a year ago, the International …

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Analyzing the Risk of Nuclear Conflict in Europe

In the latest grim uptick of Russia’s nuclear weapons policy, President Vladimir Putin suggested on September 25 that the Kremlin could use nuclear weapons against any state attacking Russia if that country was supported by a nuclear power. If Russia were to launch a massive nuclear strike on Ukraine or …

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