
European Power Markets Update: Key Trends & Outlook for 2027
The outbreak of war between the US and Iran has highlighted European power markets' reliance on global gas markets, with prices continuing to be shaped by uncertainty around LNG supply. Europe could emerge from the winter with historically low gas storage levels, while weather and hydrological conditions have been significant drivers of power prices across the continent.
Meanwhile, renewables are having an increasingly visible impact on market dynamics. Rapid solar growth is weighing on capture rates across many markets, highlighting the growing importance of battery energy storage systems (BESS), whose deployment continues to vary significantly between countries. At the same time, onshore wind additions are lagging far behind solar capacity growth in several key European markets.
The Carbon Border Adjustment Mechanism (CBAM) has also emerged as a key factor in European power markets in 2026, reshaping cross-border power flows between central and southeastern Europe and altering regional pricing dynamics.
In this webinar, Argus reviews the key developments that shaped European electricity markets in 2026 and examines what can be expected in 2027 and beyond.
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What the webinar covers
Why register
Join the webinar to:
- Understand how gas, LNG, weather and hydrology could continue to shape European power markets in 2027.
- Gain insight into the latest battery storage trends and their impact on price formation and market volatility.
- Monitor key policy developments, including the impact of CBAM on pricing dynamics and cross-border power flows across central and southeastern Europe.

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About Argus Media
Argus is the leading independent provider of market intelligence to the global energy and commodity markets, offering price assessments, news, analytics, consulting, data tools and industry conferences. Headquartered in London with 1,500 staff across 30 offices, Argus's metals experts provide in-depth pricing, news and analysis across nonferrous metals, rare earths and battery materials.