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Europe energy in brief

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16 May 2019

Europe energy in brief

Report summary

The Europe energy in brief provides the latest Wood Mackenzie view on key issues across all fuels in the region. Our experienced industry analysts collaborate with colleagues across sectors to develop our objective, proprietary analysis. Our coverage of the region, across fuels, is integrated with our global analysis to provide unrivalled insight and enable us to fully explore implications for market participants.

Table of contents

  • Opportunity for gas as low rainfall curbs hydro
  • Bulgaria pipeline construction imminent – completion schedule remains at risk
  • Algeria pipeline flows collapse
  • Carbon bull run supports coal-free Easter Weekend
  • Baltic small-scale market targeted by start-up of NOVATEK LNG plant
  • Baltic LNG dealt blow as Shell exits Gazprom project
  • Ukraine takes important step towards gas transmission unbundling
  • A year after record lows, winter's end sees close to record high storage inventories
  • Nord Stream 2 encounters another hurdle
  • Expansion, divestment and state support – a regas round-up
  • Increasing utilisation triggers possible Netherlands LNG capacity expansion
  • UK backs offshore wind through the 2020s
  • European gas storage utilisation drops sharply in February
  • Groningen — to shut in as early as 2024?
  • Germany LNG import plans progress
  • EU reaches agreement to regulate Nord Stream 2
  • UK's first fracking site reports stable flows of 0.1 mmcfd
  • Croatia to become Europe's latest LNG importer following FID
  • Spanish hydro reserves accumulate, but still run short of 5-year average
  • The UK makes largest gas find in a decade (for the second time in 4 months)
  • ExxonMobil backs German LNG project with non-binding capacity booking
  • Gazprom offers day-ahead gas through its online auction, builds on 2018 progress
  • Did 2018's end see Europe catch the start of the much-awaited LNG over-supply?
  • Trans Adriatic Pipeline (TAP) completes project financing

Tables and charts

This report includes 7 images and tables including:

  • Hydro production (Jan-Apr)
  • Algerian pipeline flows to Italy and Spain
  • Nord Stream 2 routes around Bornholm
  • TTF price differentials & European gas storage withdrawals Feb 2019
  • Spanish hydro reserve
  • Gazprom Export's 2018 sales on the ESP
  • European imports: LNG vs Russia pipe in 2017-18

What's included

This report contains:

  • Document

    Europe energy in brief

    PDF 1.40 MB

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