In this report we highlight some of the key market developments in the European energy sector and provide our analysis and opinion on their implications. Main stories this month include: Is populism waning in Europe?; German storage owners warn of closures; Gazprom commitments to Central and Eastern European gas markets and continued progress towards ETS strengthening. The attached data dashboard also provides a snapshot of last month's energy commodity price, as well as gas and power fundamentals for a number of key European markets. This can be accessed from the downloads section.