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Infographic: Europe’s Q3 2023 gas market fundamentals finely balanced

  • Author
  • Andreas Franke    Stuart Elliot
  • Commodity
  • Electric Power Natural Gas
  • Topic
  • Infographics

European gas demand is set for a slight year-on-year increase in the third quarter of 2023 after prices dropped in the prior quarter.

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With EU storage sites already 77% full, stocks could top out well before winter, leaving market players struggling to find a home for gas in Europe later in the quarter.

Power market fundamentals are also finely balanced with some upside scope for gas-fired generation should prices continue to fall.

Click here for the full-size infographic