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Chart showing European electricity market prices in €/MWh for Germany, France, Spain, Italy, Great Britain and other markets in February–March 2026.

European power prices surge above €80/MWh as gas costs rise after Iran conflict

European power prices climbed sharply during the first week of March, with most major electricity markets in Europe recording weekly averages above €80/MWh. Rising natural gas prices linked to geopolitical tensions in the Middle East played a major role in the increase. European power prices increased across most markets in early March, with weekly averages surpassing €80/MWh and Italy reaching […]

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Map of Denmark’s gas transmission network showing entry and exit points

Gas transmission tariffs in Denmark: analysis of the proposed tariff structure

Gas transmission tariffs in Denmark are examined in a new report assessing the proposed reference price methodology for the national gas network. The study evaluates whether the tariff design meets EU requirements on transparency, cost-reflectivity and non-discrimination while highlighting concerns about potential cross-subsidisation. Gas transmission tariffs in Denmark are reviewed in an analysis of Energinet’s proposed reference price methodology for […]

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Chart showing Europe’s monthly LNG imports by source including the US, Russia and Qatar

Rising European LNG imports increase dependence on US gas supplies

European LNG imports are becoming a critical issue for the gas market as growing reliance on liquefied natural gas reshapes supply security and pricing risks. The report warns that Europe’s LNG imports are increasingly concentrated among a small number of suppliers, raising concerns about geopolitical exposure and long-term energy security. Europe’s LNG imports have become a key pillar of the […]

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Merit order curve showing how marginal pricing determines electricity market price

Marginal pricing and the merit order in European electricity markets

Marginal pricing remains central to how European electricity markets function, with gas-fired power plants often setting the marginal price in wholesale power markets. The report explains how the “merit order” works and why proposed interventions could distort market signals and increase costs for consumers. Marginal pricing and merit order are the mechanisms that determine electricity prices in competitive wholesale markets. […]

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EUROPEAN GAS INSIGHTS
UPCOMING EVENTS