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TTF gas prices rise sharply to above €68/MWh in August 2026

TTF gas prices climb above €68/MWh as European market risks intensify

TTF gas prices have climbed to levels not seen since 2023, with front-month futures reaching €68.31/MWh on 24 August. The sharp rebound reflects a combination of relatively low European gas reserves, increased international competition for LNG and a growing geopolitical risk premium, highlighting Europe’s continued exposure to global gas-market volatility despite a much more diversified supply system. Why we selected this […]

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European natural gas imports by source region from 2021 to 2026

Weak summer refilling leaves European gas storage exposed to severe winter

European gas storage replenishment has remained weak during summer 2026, raising concerns over the region’s preparedness for a potentially severe winter. Europe and Ukraine have around 5 tcf of combined storage capacity, but inventories have failed to return to the levels reached in 2023, leaving a smaller buffer against a prolonged period of high heating and power demand. Why we selected […]

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Line chart of production forecasts (2015–2035) with multiple series: Equinor actual/forecast, UKCS NSTA, and Industry NCS forecasts for 2010, 2015, 2026, showing differing trends over time.

The North Sea Basin: UK and Norway pursue very different strategies

The North Sea Basin is producing increasingly different outcomes in the UK and Norway, despite both countries exploiting the same mature resource base. New analysis argues that differences in fiscal stability, licensing, regulation and long-term energy policy are shaping investment, exploration and future oil and gas production on either side of the North Sea. Why we selected this report: Published this week, […]

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European electricity market prices across major European markets in August 2026

European power prices rise as TTF gas reaches highest level since January 2023

European power prices increased across most major markets in the third week of August as rising TTF gas and CO₂ prices combined with weaker solar generation. Spain, Portugal and Italy bucked the trend, where stronger wind output and lower electricity demand helped push prices down. The Nord Pool market recorded the strongest weekly increase, rising 82%, while Germany and the […]

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EUROPEAN GAS INSIGHTS
UPCOMING EVENTS