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Forward curve chart for TTF gas prices comparing January 2026 and April 2026, showing higher price levels and a tighter market outlook ahead of storage injections.

European gas storage outlook tightens as TTF prices rise in April 2026

European gas storage is under pressure at the start of the 2026 injection season, with inventories entering April at around 28%, below last year’s 35%. Rising TTF prices, weaker seasonal spreads, and disruption to LNG flows via the Strait of Hormuz are making it harder to rebuild stocks ahead of winter. European gas storage started the injection season from a […]

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Line chart showing EU gas storage levels rising from 28% in April 2026 to only 76% by end-September under the LNG Tight supply scenario.

ENTSOG Summer Supply Outlook 2026 highlights Europe’s storage and LNG challenge

ENTSOG Summer Supply Outlook 2026 shows that Europe enters the 2026 injection season with EU gas storage at 28%, well below recent years and closer to pre-crisis levels. The report says storage can still be refilled for winter if injections begin early, infrastructure is used intensively, and sufficient LNG is secured, but tighter global LNG availability could limit refill progress. […]

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Chart showing Spain’s wholesale electricity price gap versus the European median alongside rising wind and solar share, highlighting Spain energy shift and renewable resilience.

Spain energy shift boosts renewable resilience in Europe

Spain energy shift is strengthening renewable resilience in Europe by reducing the country’s exposure to gas-driven power price shocks. The report shows that Spain’s higher renewable penetration has made wholesale electricity prices less sensitive to gas than in Germany, France, or Italy, although balancing costs, grid constraints, and other non-energy charges still limit the benefits for final consumers. Spain energy […]

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Stacked area chart showing EU-27 gas imports by country of origin from 2020 to 2025, with Russia’s share falling and Norway and the United States increasing.

Europe imported gas: how the EU can cut dependence and strengthen energy security

Europe imported gas remains a major energy security challenge, with the report noting that Europe still imports about 70% of its gas and remains exposed to supply risks. ING says the EU can reduce dependence through lower gas demand, faster grid investment, more renewables, biogas growth, selective offshore production, and longer-term nuclear development, though each option comes with trade-offs for […]

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EUROPEAN GAS INSIGHTS
UPCOMING EVENTS