While gas wholesale cost falls to double digits, the pressure is still on across Europe

In this week’s Resonance energy market podcast Jeremy Nicholson talks to Alfa’s Dr Petra Puskarova about the continued impact of gas prices on European energy markets.

In this week’s Resonance:

• Gas prices fall into double digit figures, but the pressure is still on the market due to demand on storage replenishment
• Volatility and increased risk highlighted by cut off of supplies of gas to Poland, however compromise over payment to Russia by major European states appears to have been reached
• Power generation sees French nuclear fleet being the major risk for the summer 22 period, and carbon prices are picking up again
• Increased fossil fuels like coal will support carbon prices while Europe seeks gas supplies to replace Russian gas in the short term
• A mixed approach to nuclear phase out in the face of the current situation sees some European nations consider postponing the phase out of existing plant while the region tackles the challenge of security of supply and cost of energy
• Measures European nations are taking to assist with higher costs and security of supply and what that means for decarbonisation and future costs

For details of the discussion, listen to the latest episode of the Resonance podcast below.

Resonance Podcasts

Resonance is an Alfa Energy Group podcast series where we explore some of the latest insights from the energy and sustainability sector as it goes through a significant transformation. Fuelled by new challenges, new ideas and new technologies, we discuss what it means for businesses to realise their energy and sustainability ambitions.

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