Insight
European power price sensitivity: Low gas price case
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Gas will continue to play a major role in decarbonising Europe’s power markets as a transient replacement for generation from retiring coal plants and provider of flexibility. The fuel’s influence on power prices is therefore significant. This sensitivity analysis takes our Q3 2020 Europe power markets outlook and introduces a low gas price case, consistent with research produced by Wood Mackenzie’s commodities teams to assess the potential implications of a second wave of global Coronavirus containment measures on oil and gas prices. Applying the low gas price case enables us to assess how power market prices behave under differing commodity price conditions and whether varying degrees of renewable penetration and technology mixes across markets have a material bearing on capture prices under such conditions. The low gas price sensitivity reveals a substantial impact on power 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
Insight
European power price scenarios: will Russian gas and LNG come back?
The US is pushing to broker a deal to end the Russia-Ukraine war – what could this mean for Europe’s power markets?
$5,000
Commodity Market Report
NYMEX sensitivity case developed from the Mexico gas, power and renewables Strategic Planning 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
Commodity Market Report
NYMEX sensitivity case developed from the Mexico gas, power and renewables Investment Horizon Outlook 2023
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
