Europe gas prices and volatility fell in ‘one of calmest periods’ in years: ACER

Europe gas prices and volatility fell in ‘one of calmest periods’ in years: ACER

Higher LNG supply and reduced imports in Asia allowed Europe to absorb more cargoes at lower prices

Wind volatility deepens Europe’s dependence on gas flexibility

Wind volatility and gas flexibility is like a modern day love story… capricious, unpredictable, but they both need each other. Wind speeds are displaying unusually volatile patterns this October, with lull periods followed by stormy episodes, especially in Northwest Europe, where most of wind powgen capacity is concentrated. Flexible gas-fired power plants are playing a key role in accommodating these wild wind swings, by ramping-up and ramping …