Overall, global gas supplies are healthy with more discoveries and gas fields coming online. A well interconnected Europe where a lot of time and money was spent ensuring gas can be transported easily around the EU block, not just the continent, has ensured supply concerns can be de-risked. Geopolitically, it is in Russia’s interest to ensure gas supplies to Europe remain strong. Any shortfalls will hurt all parties, causing no gains for anyone. Strong LNG from around the world has weighed in on prices. On the demand side, this is reduced on two fronts: mild weather and increased energy efficiency. The mild weather is lessening the demand for heating, while more businesses and domestic building are becoming more energy efficient, a trend that will continue with further building standard regulation.
Alfa Energy Group
Alfa Energy Group, an Edison Energy company, is an international energy, sustainability and technology consultant partner with 250 employees over 3 international locations. For over 25 years, Alfa has been servicing its clients’ needs through energy and water management, sustainability, and compliance consulting, and an intuitive ecosystem of user-driven energy, water, and carbon management software platforms. With coveted awards, an international industry-wide recognition, and clever simple solutions, today Alfa is partnering with clients to establish and deliver pivotal net zero strategies. Through smart energy management, the expertise and diligence of its people, transparent processes, and data management, Alfa continues to lead through its recognised gold standard of service delivery.
