Infrastructure is destiny: How grids, pipelines and bottlenecks create price signals
Energy markets are often analysed as abstractions: prices, curves, spreads, marginal costs. Infrastructure appears in these models as a constraint, […]
gas
South-East Europe as Europe’s stress test: What the region reveals about the energy transition
South-East Europe does not sit on the periphery of Europe’s energy system. It sits at its edge in a different
Gas at the centre: How balancing, LNG, and spark spreads now define power prices
For most of Europe’s electricity-market history, natural gas played a supporting role. It was a reliable, dispatchable fuel that complemented
Volatility is no longer cyclical: How shocks now propagate across Europe’s energy system
For much of Europe’s post-liberalisation energy history, volatility was understood as a cyclical phenomenon. Prices rose and fell in response
One energy system, three fuels: Why Europe no longer has separate power, gas, and oil markets
For most of the modern history of European energy policy, electricity, natural gas, and oil were treated as adjacent but
Flexibility without reward: Why southeast Europe balances Europe’s power system but captures none of the value
In the emerging architecture of Europe’s electricity system, flexibility has become the most valuable attribute a power asset can possess.
Europe’s variable power system: How wind, solar and nuclear reshaped electricity flows from the EU core to southeast Europe
For most of the past half-century, Europe’s electricity system could be understood through a relatively simple lens. Power was generated
Hungary signs first long-term US LNG deal to boost energy security and diversification
Hungary has taken a significant step toward diversifying its energy imports by signing a long-term liquefied natural gas (LNG) supply
Europe: Gas prices near €27/MWh amid record LNG imports and geopolitical shifts
During mid-December 2025, European natural gas prices continued their downward trajectory, approaching around €27/MWh, near levels not seen since early
Region: Hungary leads EU in Russian gas imports as TurkStream flows rise in 2025
Hungary significantly increased its import of Russian natural gas in 2025, strengthening its position as the leading importer among European
Export competitiveness of Serbian industry in the EU market, 2026–2035
Natural gas has moved from being a relatively predictable industrial input to becoming a structurally volatile cost driver across European
Weekly energy market overview: Brent Oil, TTF gas, and CO₂ futures
During the second week of December, Brent oil futures for the Front Month on the ICE market reached their weekly