Gas & Power Report: The upward trend is running out of steam

December, 6 2024

Gas & Power

November saw European gas and power prices spike, driven by lower LNG imports, lower RES power generation and rising demand compared to a year ago. Julien Hoarau discusses the dynamics behind these trends, including storage concerns, the new U.S. sanctions on Gazprombank, changing weather patterns and market positionning.

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