Commodity Market Report
Europe energy prices: June 2024
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Europe energy prices provides a comprehensive outlook for fuels, carbon and power prices in Europe to 2050. Gas prices have softened but tightness and volatility remain, amplified by geopolitical tensions, until 2026 as supply availability remains limited. As a new wave of LNG supply hits the market this brings structural change and downward pressure on prices over 2026 to 2029. After brief rebound, another wave of new supply will trigger another low-price cycle over 2032 to 2035. Lower commodity prices exert major influence on power prices in the near-term. Increasing volumes of variable renewables in the mix also add downward pressure. But in growing markets, where electrification is a key driver of energy transition, flexible demand emerges helping to stabilise long-term prices.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Commodity Market Report
Europe energy prices: November 2023
Europe energy prices provides a comprehensive outlook for fuel, carbon and power prices in Europe to 2050.
$15,000
Commodity Market Report
NYMEX sensitivity case developed from the Mexico gas, power and renewables Investment Horizon Outlook 2024
Represents the use of the New York Mercantile Exchange futures gas prices and its impact on our long-term outlook on Mexico’s power sector.
$8,000
Insight
Europe power: 2024 in review
In this review of Europe's power volumes and prices in 2024, we explore key influences, events and market dynamics over the past 12 months
$5,000
