European energy traders have had a rocky start to the winter trading season, after power prices soared to highs not seen in years as several French nuclear plants were taken offline. This has ramped up the need to use gas for power generation while European gas markets are facing supply constraints of their own.
In this video, ICIS energy editors Jamie Stewart and Tom Marzec-Manser discuss what could happen on European power and gas markets later in the winter, when temperatures could drop further and boost energy demand.
This ICIS Winter Outlook explains that much risk this winter has already been priced into the first half of the season, and could well extend into the second.
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The European wholesale power markets are developing quickly, with liquidity growing across the continent. At ICIS, we provide expert coverage of the power markets in Europe, supplying our customers with the latest over-the-counter price assessments, news, monthly analysis and unrivalled information on the European renewable energy markets, as well as forecasts and forward looking analytics propositions.