Blog

Russia turns its attention to Asia

Until five years ago, Russia still dominated the European gas market. Since then, Russia has turned its attention away from Europe and towards Asia. With China as its main customer, Russia could have completely offset…
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Hungary’s gas market in transition

Hungary is heavily dependent on Russian gas supplies. A complete cessation of Russian gas supplies would put the country under enormous pressure. Hungary is therefore seeking to establish itself as a hub for the European…
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The gas market in Poland

Poland is the country with the highest gas consumption among Eastern European countries. Since the energy crisis, the country has successfully diversified its gas supply. The restructuring of the Polish gas market is a prime…
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Gas supply in Romania

Since the energy crisis and Russia’s war against Ukraine, the gas supply situation has changed significantly, particularly for Eastern European countries. In this issue, we want to take a closer look at Romania.
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The role of US LNG on the European gas market

In the current month, almost 60 per cent of all European LNG imports come from the USA. The possible lifting of sanctions against Russian natural gas could decisively change the role of the USA as…
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Energy and stock markets on a rollercoaster ride

The tariff conflict initiated by the US government is causing extreme volatility on the financial and energy markets worldwide this week. Prices are significantly higher than in the previous year and gas-fired power plants played…
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Gas-fired power generation at five-year high

Another “Dunkelflaute” this week has led to the highest demand for power plant gas in at least five years. Cool temperatures are supporting demand for heating gas and geopolitics are causing volatility on the markets.
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Speculation drives up gas prices

Supply fears, global trade tensions and recurring wind lulls have driven gas prices up to EUR 60 per MWh this week. However, the development of trading volumes suggests another reason for the price increase.
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Emissions market causes rally on the gas markets

Prices for CO2 emission allowances have risen by more than 30 percent in the last six weeks. This week, this is driving gas prices to their highest level since March 2023, supported by weather data,…
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Gas consumption in Europe increases by 2% y-o-y

Gas consumption in Europe (EU countries and the UK) will increase by around 2% in 2024 compared to the previous year to a total of around 4000 TWh. Nevertheless, gas consumption was 14% below the…
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