europe

Understanding how the European electricity market works: Liberalization, pricing and integration Read More »

Understanding how the European electricity market works: Liberalization, pricing and integration

An electricity market is an organized system where various participants—such as power generators, retailers, and large consumers—buy and sell electrical energy. Unlike most other goods, electricity cannot be stored easily in large quantities, meaning it must be generated and consumed simultaneously. This characteristic makes managing the electricity market more complex and gives it unique features. […]

Europe: EU household gas prices drop sharply in early 2025, electricity costs remain stable Read More »

Europe: EU household gas prices drop sharply in early 2025, electricity costs remain stable

According to Eurostat data for the first half of 2025, household gas prices across the European Union declined notably, while electricity prices remained virtually unchanged compared to the second half of 2024. The average household gas price dropped by 8.1 percent, from 12.44 to 11.43 euros per 100 kWh. Eurostat noted that this marks a

Europe: TTF gas futures remain stable despite EU sanctions on Russian LNG, as Greece accelerates shift toward U.S. supplies Read More »

Europe: TTF gas futures remain stable despite EU sanctions on Russian LNG, as Greece accelerates shift toward U.S. supplies

TTF gas futures experienced mild upward pressure following the European Union’s approval of a new sanctions package against Russia, which includes a ban on Russian LNG imports effective from 2027. While the announcement initially boosted market sentiment, the impact was limited by strong supply conditions and storage facilities near full capacity across Europe. As a

Europe: Gas prices ease despite Ukraine supply risks as EU moves to ban Russian imports by 2028 Read More »

Europe: Gas prices ease despite Ukraine supply risks as EU moves to ban Russian imports by 2028

TTF gas futures prices in Europe came under mild upward pressure during the third week of October 2025, driven by expectations of higher gas exports to Ukraine amid ongoing war-related damage to the country’s gas infrastructure. However, elevated European gas storage levels and robust supply from Norway and liquefied natural gas (LNG) imports helped keep

Europe: US plans funding boost to expand Vertical Gas Corridor and supply more LNG to Ukraine Read More »

Europe: US plans funding boost to expand Vertical Gas Corridor and supply more LNG to Ukraine

The United States is considering new funding options to support infrastructure projects that would expand the Vertical Gas Corridor and strengthen gas transmission systems across southeastern Europe. The goal is to increase the flow of US liquefied natural gas (LNG) to Ukraine and boost regional energy security. The initiative is gaining momentum ahead of a

Europe: TTF gas prices edge higher in early October as falling wind output lifts demand and LNG keeps market balanced Read More »

Europe: TTF gas prices edge higher in early October as falling wind output lifts demand and LNG keeps market balanced

TTF gas futures rose during the second week of October 2025, supported by stronger gas-for-power demand amid reduced wind generation across Southeast Europe. Futures for November 2025 delivery on the ICE market averaged around €33/MWh, about 3.4% higher than in Week 40. Prices peaked on Tuesday, October 7, at €33.246/MWh — 0.4% above the previous

Turkmenistan reaffirms readiness to supply gas to Europe but faces Caspian pipeline obstacles Read More »

Turkmenistan reaffirms readiness to supply gas to Europe but faces Caspian pipeline obstacles

Turkmenistan has reaffirmed its readiness to supply natural gas to European markets but acknowledged significant logistical barriers, particularly the lack of a pipeline linking Central Asia to Europe across the Caspian Sea. Maksat Babayev, Turkmenistan’s minister for gas and head of the state-owned company Turkmengas, said the country remains committed to diversifying its export routes,

EU gas phase-out puts Greece at the center of Europe’s new energy map – but exposes storage weaknesses Read More »

EU gas phase-out puts Greece at the center of Europe’s new energy map – but exposes storage weaknesses

The European Union’s plan to end Russian gas imports by 2027 presents Greece with both major opportunities and serious challenges. On the positive side, the country’s expanding liquefied natural gas (LNG) infrastructure — anchored by the Revythoussa terminal near Athens and the Alexandroupoli floating storage and regasification unit (FSRU) — is positioning Greece as a

Europe: EU agrees to end all Russian gas imports by 2027 in landmark energy shift Read More »

Europe: EU agrees to end all Russian gas imports by 2027 in landmark energy shift

European Union member states have reached an agreement to completely end imports of Russian natural gas by the end of 2027, marking a major step toward reducing the bloc’s long-standing energy dependence on Russia. The decision, approved by EU Energy Ministers during a meeting in Luxembourg, supports the European Commission’s proposal to phase out both

Europe: EU Parliament Committees endorse full ban on Russian gas and oil imports from 2026 Read More »

Europe: EU Parliament Committees endorse full ban on Russian gas and oil imports from 2026

The European Parliament’s Committees on Industry and Energy, and on International Trade, have supported a draft law that introduces a complete ban on the import of Russian gas, including liquefied natural gas (LNG), starting from 1 January 2026. Limited exceptions would apply to existing short-term contracts until June 2026 and to long-term agreements until January

error: Content is protected !!
Scroll to Top