Commodity Market Report
Europe energy prices: November 2023
*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 in this view, but market tightness will persist until 2025 when a new wave of LNG supply hits the market. Substantial LNG supply growth between 2026 and 2029 rebalances the market, keeping prices low, before a rebound from 2030. With lower gas prices, weaker power demand in the short term, and renewable build-out accelerating, power prices are forecast to decrease to 2030. The cannibalization of renewable capture prices and associated curtailment risks worsen in the early 2030s, resulting in a moderation of capacity growth. However, as the 2030s progress, the growth of flexible resources (supply and demand-side) and rising carbon prices, will sustain price levels.
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
Asset Report
Mereenie
Mereenie is an onshore oil and gas field located in the remote Amadeus Basin in the Northern Territory.
$3,720
Commodity Market Report
Global Industrial Production data Q2 2023
Proprietary forecasts for Industrial Production growth and indices to 2050, covering 68 key economies.
$350
Country Report
Global aluminium smelter asset cost summary
The Global Aluminium Asset Summary examines the cost environment in the base year as well as historically and forward five years.
$6,750
