Commodity Market Report
Europe gas and power markets short-term outlook Q1 2023
Report summary
European gas markets are having a safer start for 2023. A warm winter and price-driven demand response lead Europe to end winter with almost 50% storage levels, well above the 5-year average of 33%. Despite the loss of Russian gas supply, due to the reduced need to fill storage, Europe is in a good position to achieve the 90% target legislated by the EU for the 1st of November 2023. Still, the global balance remains relatively tight. And pricing will require to stay in the higher range of the coal-to-gas switching in Europe and above oil parity.
Table of contents
- The main report is in a slidepack format with an enhanced data pack download covering the full European gas balance
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
30 May 2023
Europe gas and power markets short-term outlook Q2 2023
Commodity Market Report
Europe gas and power markets short-term outlook Q2 2023
High storage fill and weak demand response are driving prices to pre-crisis levels
$5,00031 May 2023
Southern Cone gas and power short-term outlook: May 2023
Commodity Market Report
Southern Cone gas and power short-term outlook: May 2023
Monthly report analysing the gas and power fundamentals and prices in Argentina, Brazil, Chile and Bolivia until December 2024.
$2,00029 May 2023
China gas and power in brief
Insight
China gas and power in brief
Live updates and insight into China gas and power markets.
$950
