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A short cold snap leads to storage withdrawal [Gas in Transition]

On the upside, a modest rise in electricity generation shows that the EU economy is finally recovering.

Oil indexationEuropean unionGas power plantsMonthly gas exportsElectricity generationGas demandGas fired power electricityGas demand destructionDr thierry brosPublic net electricity generationGas prices

Gazprom s exports to EU up 31% in Q1 2024 vs Q1 2023

Despite the EU swearing off Russian imports, and weak demand, Russia s gas deliveries are expected to continue to rise.

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EU gas production slumps 17% in 2023, outpacing 8% drop in demand [Gas in Transition]

With elections looming, EU energy policy may shift further away from a dogmatic green agenda to greater pragmaticism and a focus on energy security and affordability.

Organisation data initiativeJoint organisation data initiativeGas productionGas demand decreaseOil and gas producing countriesDr thierry brosUnited statesEuropean commissionEu commissionEu parliamentBiden administrationForeign natural gasGas fired power generationEnergy affordabilityUnited kingdomEuropean union

A too short cold snap to remind us what winter is all about

Coal and gas power generation fell in 2023 as renewables, nuclear ramped up.

Biden administrationNorwegian offshore directorateEuropean unionPower electricityGas power plantsGas marketRespective gas demandElectricity generationGas demandSouth koreaGas demand destructionDr thierry brosUnited statesGas storage

2023: a year of records in energy

2023 was a year of record highs and record lows in the global energy sector.

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