This Paper analyses the results of the trading data in 2024 for the European traded gas hubs, to give a fuller picture …, to establish whether the Dutch TTF can now credibly be called a global gas benchmark. The paper shows that the Dutch TTF … such an extent that they represent 82.9% of total European traded gas volumes, but its churn rate calculated against the …

We identify supply and demand shocks to the real price of natural gas in the Euro Area and the United States. Demand …-frequency strategy based on an extensive collection of market-relevant news. This approach enables us to estimate gas market elasticities … and uncover key transmission channels through which gas price shocks affect the broader macroeconomy. Our findings show …

European gas markets experienced a very turbulent period from 2020 to 2022, which led to the lowest ever northwest … European gas prices at the end of May 2020, then several strong rallies led to four successive ‘highest ever’ prices, the most ….11/MWh. The focus of this paper is to review the European traded gas markets during 2023 to see whether they have remained …

such a scenario, not only might there be a short-run fuel switching response (coal and oil to gas) but also a longer run … the power sector (coal to gas switching) and one-third in industry. Most of the response is in Asia, especially China and … in China in these sectors. Gas could also benefit from a potential slowdown in offshore wind roll out in Europe, Japan …

Natural gas is a crucial element of energy supply in Great Britain (GB). The vast majority of GB gas consumption occurs … has become increasingly visible, driven primarily by the need for gas to balance renewables in GB power generation. When a … short-run surge in gas demand for power generation coincides with a spell of particularly cold weather that drives a surge …

Middle East and North Africa (MENA) gas exporters are facing long-term market and regulatory challenges in Europe. The … near three-year continuous decline in Europe’s gas demand since the beginning of the Ukraine crisis is a key challenge for … these exporters who are concerned about whether this fall in gas consumption is a structural market transformation that will …

The gas price explosion during the 2021/22 European energy crisis prompted a shift from gas- to coal-fired electricity … reforms - is scarce. We fill this gap by quantifying how exogenous gas price surges reorder coal-gas marginal costs and, in … turn, affect emissions and health outcomes. Using daily data (2015-2023) for six EU countries with substantial gas …

Despite the formal absence of sanctions, gas trade between Russia and the EU has effectively collapsed over the past … three and a half years. This has been the outcome of several factors: the EU strategy of reducing dependence on Russian gas …, Russia's own supply cuts, physical damage to the crucial pipeline infrastructure and Ukraine's reluctance to prolong the gas …

Aligned with the war in Ukraine, Russia has significantly withheld natural gas exports to Europe since 2021. As there … are no EU-wide sanctions on imports of Russian natural gas, the Ukraine transit as well as imports via Turkey and LNG have … about new sanctions on natural gas as well as the threat of further supply disruptions continue to pose uncertainty for …