Europe is entering an uncertain summer as a result of the US/Israel-Iran war which has supported gas prices and increased price volatility, as well as below-average hydropower and gas reserves across many markets because of a cold and dry winter. Meanwhile, solar capacity additions in many countries have continued at a strong pace, already suppressing midday prices. This paper considers factors that may impact summer prices across the region.
Download the paper to find out:
- The impact of growing solar and slow demand recovery on markets
- Supply risks affecting markets during peak demand periods in summer
- How low hydro stocks in multiple countries could affect market dynamics.
- Wind and solar generation projections across key European markets
This insight paper was created by Argus’ gas experts using data and analysis from the Argus European Electricity service.
