gas prices

  • Power and gas networks

    The shifting sands of Liquified Natural Gas in Europe

    As we look ahead to a second winter with heavily reduced levels of Russian pipeline gas being supplied to Europe, one of the key variables in the stability and security of European gas supplies and prices will be the supply of Liquified Natural Gas (LNG). In this paper, we discuss...

  • Power and gas networks

    Another winter of discontent? What happens to the UK this winter, and next, if the gas taps from Russia stay turned off?

    Substantial reductions in Russian gas supply to Europe and increased global competition for LNG cargoes have resulted in substantially elevated gas prices for the UK this winter (2022-23) compared to the historical norm. Our forecasts indicate that this could not be a single winter problem, with tight supply and high...