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Status of German gas supply situation – September 14

German gas consumption in the week beginning 4 September 2023 was 21.7% below the average consumption for 2018 to 2021 and down by 12% compared with the week before. Wholesale prices have fallen slightly in the last few weeks. Businesses and private consumers must continue to adapt to fluctuating prices and a higher price level. The Bundesnetzagentur publishes an assessment of the gas supply situation in its status report on Thursdays. It also provides key data on flows, storage levels, gas consumption and price developments in interactive graphics. For further information and details please visit the Federal Network Agency website

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European energy markets heading into Autumn with higher prices

Last week saw some markets register hourly prices above €300/MWh, the highest since December 2022. The increase was driven by higher demand and gas prices, as well as lower renewable energy production in some markets. On the 15th, Brent futures registered the highest price since the first half of November 2022.

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Review of electricity market design in Great Britain

This study on the reform of electricity market arrangements in Great Britain finds that a move to locational pricing in the UK electricity market would be high risk for little reward. The electricity market arrangements in Great Britain are under review as we aim for delivery of a net zero power system by 2035. There is a strong case for change from existing market arrangements, but significant debate over the nature and extent of that change. One of the most divisive topics is whether the current national wholesale energy market should be subdivided into zones or nodes, in which energy […]

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Renewable Hydrogen in Germany, Poland, and Portugal

This study investigates the potential for and implications of renewable hydrogen deployment in Germany, Portugal, and Poland. All three countries have produced hydrogen strategies varying in detail but united in their desire to construct a national narrative around the expansion and decarbonisation of the hydrogen sector. The study explores these three national strategies, summarising their core elements and comparing them to the strategy and actual regulatory and policy developments at the European Union level.

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